Leslie'S, Inc. Stock Price, News & Analysis

Leslie's (NASDAQ: LESL), the leading direct-to-customer brand in the U.S. pool and spa care industry, has scheduled the release of its fiscal 2025 second quarter financial results for May 8, 2025, after market close.

The company will host a conference call at 5:30 p.m. Eastern time on the same day to discuss:

• Financial results for Q2 2025
• Progress updates on strategic transformation initiatives

Investors and interested parties can access the live webcast through the company's Investor Relations website at ir.lesliespool.com. A replay of the conference call will be made available within approximately three hours after the call concludes and will remain accessible on the company's website for 180 days.

Leslie's Inc (NASDAQ: LESL), the largest direct-to-customer pool and spa care brand in the U.S., announced key leadership changes on March 17, 2025. Tony Iskander has been appointed Interim Chief Financial Officer and Treasurer, effective March 14, 2025, replacing Scott Bowman. Iskander brings nearly 30 years of financial expertise and has been advising Leslie's since December 2024 through Stambrisk Consulting.

In additional changes, Naomi Cramer, previously Chief People Officer, has been promoted to Chief Retail Operations and Talent Officer. Cramer, who joined Leslie's in September 2022, brings 28 years of retail experience, including 25 years at Target. Dave Caspers, former Chief Stores Officer, has departed for a role in a different industry.

CEO Jason McDonell emphasized these changes support the company's transformation strategy, focusing on debt reduction, balance sheet optimization, and driving sustainable profitable growth through Customer Centricity, Convenience, and Asset Utilization.

Leslie's (NASDAQ: LESL) reported Q1 fiscal 2025 results with sales of $175.2 million, up 0.7% year-over-year, marking their first comparable store sales gain in two years at 0.2%. The company reported a net loss of $45 million and Adjusted EBITDA of $(29.3) million, reflecting typical operational deleverage during the pool off-season.

Gross profit decreased 5.4% to $47.7 million, with margin declining 180 basis points to 27.2%. The company's inventory decreased by 18.8% to $271.1 million. For Q2 fiscal 2025, Leslie's expects sales between $179-189 million and net loss between $(47)-$(44) million. Full-year fiscal 2025 guidance projects sales of $1,304-1,370 million and Adjusted EBITDA of $96-116 million.

Leslie's Inc. (NASDAQ: LESL), the leading direct-to-consumer brand in the U.S. pool and spa care industry, has announced it will release its first quarter fiscal 2025 financial results after market close on Thursday, February 6, 2025.

The company will host a conference call at 4:30 p.m. Eastern Time to discuss the results. Investors and analysts can participate by dialing 877-407-0784 (international: 1-201-689-8560). A live audio webcast will be available at ir.lesliespool.com, with a replay accessible for 180 days after the call.

Leslie's reported Q4 2024 sales of $397.9 million, down 8.0% year-over-year, with a net loss of $9.9 million. For fiscal 2024, sales decreased 8.3% to $1,330.1 million with a net loss of $23.4 million. Comparable sales declined 8.3% in Q4 and 8.8% for the full year. Gross margin contracted to 36.0% in Q4 from 37.0% last year, affected by deleverage and a one-time $5 million contract item. The company reduced inventory by 24.9% to $234.3 million and improved cash position to $108.5 million. For Q1 2025, Leslie's expects sales between $169-176 million with an adjusted net loss of $(39)-$(37) million.

Leslie's Inc. (NASDAQ: LESL), the largest direct-to-consumer brand in the U.S. pool and spa care industry, has scheduled the release of its fourth quarter and full year fiscal 2024 financial results for November 25, 2024, after market close. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the results, with a live audio webcast available at ir.lesliespool.com. Investors can participate by dialing 877-407-0784 (international: 1-201-689-8560). A replay will be accessible online for 180 days.

Leslie's, Inc. (NASDAQ: LESL), the leading direct-to-consumer brand in the U.S. pool and spa care industry, has announced its participation in the Goldman Sachs 31st Annual Global Retailing Conference. The event is scheduled for September 4-5, 2024, in New York City. Leslie's management team will engage in investor meetings on both days and participate in a fireside chat with Goldman Sachs analyst Kate McShane on September 5, 2024, at 8:55 AM.

Investors interested in attending can access the fireside chat webcast through the provided link. This conference presents an opportunity for Leslie's to showcase its market position and engage with potential investors in the retail sector.

Leslie's (NASDAQ: LESL), the largest direct-to-consumer brand in the U.S. pool and spa care industry, has announced a CEO transition. Jason McDonell will become the new CEO effective September 9, 2024, replacing Michael Egeck who has departed the company. John Strain, Leslie's Chairman, will serve as Interim CEO until McDonell assumes the role.

McDonell brings nearly 30 years of experience in retail and consumer products, most recently serving as Executive VP at Advance Auto Parts. He previously held leadership roles at PepsiCo and Procter & Gamble. The company has reaffirmed its fiscal 2024 outlook, indicating confidence in its financial projections despite the leadership change.

Leslie's, Inc. (NASDAQ: LESL), the largest direct-to-consumer brand in the U.S. pool and spa care industry, reported its Q3 fiscal 2024 financial results. Key highlights include:

- Sales decreased 6.8% to $569.6 million
- Net income fell to $60.7 million
- Adjusted EBITDA was $109.5 million
- Diluted EPS was $0.33; Adjusted diluted EPS was $0.34

The company faced challenges due to a cold, wet start to the pool season and weak discretionary product sales. However, positive trends emerged in June, including improvements in total sales, chemical sales, and Pro and Hot Tub sales. Leslie's reaffirmed its fiscal 2024 outlook, projecting sales between $1,321 to $1,347 million and adjusted EBITDA of $117 to $131 million.