Welcome to our dedicated page for Leslie's news (Ticker: LESL), a resource for investors and traders seeking the latest updates and insights on Leslie's stock.
Leslie's, Inc. (NASDAQ: LESL) is the largest and most trusted direct-to-consumer pool and spa care brand in the United States. Founded in 1963, the company offers a comprehensive assortment of products across chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. Leslie's caters to the aftermarket needs of residential pool and spa owners, professional pool operators, and commercial pool facilities.
The company's product range includes essential pool and spa chemicals, equipment, and accessories. Operating exclusively within the United States, Leslie's boasts an integrated ecosystem of over 1,000 physical locations, combined with a robust digital platform. This enables consumers to engage with the brand whenever, wherever, and however they prefer to shop.
Leslie's has a dedicated team of associates, pool and spa care experts, and experienced service technicians who are passionate about empowering consumers with the knowledge, products, and solutions necessary to confidently maintain and enjoy their pools and spas. The company's extensive and largely exclusive product assortment ensures customers receive high-quality, reliable products to meet their pool and spa care needs.
Despite recent challenges such as unfavorable weather conditions and increased consumer price sensitivity, Leslie's remains focused on executing strategic initiatives to drive long-term market share gains and shareholder returns. The company has a long track record of profitable growth and continues to be a leader in the durable and advantaged consumer products category of aftermarket pool and spa care.
Leslie's also takes its Environmental, Social, and Governance (ESG) commitments seriously, regularly publishing annual ESG reports to measure and share its progress. These efforts are directed by the Chief Legal, Real Estate & Sustainability Officer, ensuring the company's operations align with its commitment to making a positive difference for consumers, associates, shareholders, and the broader community.
The company's financial performance is evaluated using both GAAP and non-GAAP measures, such as Adjusted EBITDA, Adjusted Net Income, and Adjusted Earnings per Share. These metrics provide valuable insights into the effectiveness of Leslie's business strategies and operational performance.
Leslie's continues to innovate and expand its offerings to meet the evolving needs of pool and spa owners. Recent initiatives include promoting above-ground pools as an affordable, easy-to-install option for homeowners and families. The company also offers in-store AccuBlue water testing to help pool owners maintain clean, safe, and clear water with a comprehensive, easy-to-follow water treatment plan.
For more information about Leslie's, visit lesliespool.com or follow and engage with the brand on Instagram, Facebook, and Twitter at @lesliespoolcare.
Leslie's, Inc. (NASDAQ: LESL) reported second quarter sales of $228.1 million, an 18.5% increase year-over-year. Comparable sales rose 13.3%. Despite this growth, the company experienced a net loss of $(7.4) million, slightly worse than the $(6.5) million loss in the prior year. Adjusted net loss improved to $(2.7) million. The company raised its full-year sales guidance by $85 million and adjusted EBITDA by $18 million for Fiscal 2022.
Leslie's, Inc. (NASDAQ: LESL), the leading direct-to-consumer brand in the U.S. pool and spa care market, will announce its second-quarter fiscal 2022 financial results after market close on May 5, 2022. A conference call is scheduled for 4:30 p.m. ET to discuss these results. Interested participants can join the call by dialing 877-407-0784 or accessing the live audio webcast on Leslie's investor relations website. A recorded replay of the call will be available shortly after its conclusion for 90 days.
Leslie's, the largest U.S. pool and spa care brand, reported record first-quarter sales of $184.8 million, a 27.5% increase year-over-year. Comparable sales rose by 20.5%. The company narrowed its net loss to $(14.5) million, improving diluted EPS to $(0.08). Adjusted EBITDA reached $1.1 million, up significantly from the prior year's $(0.2 million). Leslie's raised its FY 2022 outlook, anticipating higher sales by $20 million and gross profit by $10 million. It repurchased 7.5 million shares for $152 million.
Leslie's, Inc. (NASDAQ:LESL) will release its financial results for Q1 2022 on February 3, 2022, after market close. A conference call is scheduled for the same day at 4:30 PM ET for discussion of these results. Interested participants can join by dialing 877-407-0784, or via the live audio webcast available on their investor relations website. Founded in 1963, Leslie's is the largest direct-to-consumer brand in the U.S. pool and spa care industry, offering products through over 950 locations and digital platforms.
Leslie's (Nasdaq: LESL) announced an underwritten public offering of 12,500,000 shares by non-management stockholders, with an option for underwriters to purchase an additional 1,875,000 shares. The company will not receive any proceeds from the offering, which is set to settle on December 16, 2021. Concurrently, Leslie's plans to repurchase 7,500,000 shares from the selling stockholders at the same price as the offering. Goldman Sachs and Morgan Stanley are acting as underwriters. The offering's registration statement is effective with the SEC.
Leslie’s, Inc. (Nasdaq: LESL) announced a secondary offering of 12,500,000 shares by non-management stockholders, with the potential for an additional 1,875,000 shares. The Selling Stockholders will receive all proceeds from this offering, while Leslie’s will not participate or receive funds. Concurrently, the company plans to repurchase 7,500,000 shares from these stockholders at the offering price. The share repurchase is dependent on the offering's closure but not vice versa.
Goldman Sachs and Morgan Stanley are the underwriters for this transaction.
Leslie's, the leading U.S. pool and spa brand, reported robust financials for fiscal 2021, achieving a 20.7% sales growth to $1,342.9 million, with comparable sales up 21.5%. The company recorded a 116.0% increase in net income to $126.6 million and 78.1% growth in diluted EPS to $0.67. For fiscal 2022, guidance forecasts a 10%-12% sales increase and an 11%-18% rise in adjusted diluted EPS. Additionally, a $300 million share repurchase program was authorized, reflecting confidence in business performance.
Leslie’s, Inc. (NASDAQ:LESL), the leading direct-to-consumer brand in the U.S. pool and spa care sector, will announce its fourth-quarter fiscal 2021 financial results after market close on December 9, 2021. A conference call to discuss the results is scheduled for 4:30 p.m. ET. Investors can access the call by dialing 855-327-6837 or through a live audio webcast available on the company's investor relations website. A recorded replay will be accessible shortly after the call for 90 days.
Leslie’s announced the pricing of a secondary offering of 15,820,000 shares of its common stock at $22.00 per share, up from a previous announcement of 13,000,000 shares. The offering will close on September 17, 2021, pending customary closing conditions. Selling stockholders will receive all proceeds, while Leslie’s will not participate or receive any funds. Additionally, underwriters have a 30-day option to buy 2,373,000 shares. The registration statement for these securities was effective as of September 14, 2021.
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