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) generates frequent news as a U.S. pool and spa care retailer focused on the aftermarket needs of residential customers and pool professionals. The company describes itself as the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry, and its updates often center on operations, strategy, and governance.
Visitors to this LESL news page can review company-issued press releases covering quarterly and annual financial results, guidance updates, and commentary on business performance. Recent communications have discussed sales trends, profitability metrics, inventory efficiency, and initiatives tied to what Leslie's calls its strategic transformation plan, including store and distribution center optimization.
The news flow also includes leadership and board changes, such as the appointment of a Chief Financial Officer and Treasurer, the addition of a Chief Merchandising and Supply Chain Officer with responsibility for merchandising, inventory, supply chain, logistics, manufacturing, and the digital marketplace business, and the appointment of an independent director with extensive retail experience. These announcements provide insight into how the company is shaping its management team and board to support its stated priorities.
Other updates highlight customer-focused initiatives, including enhancements to the Pool Perks Rewards Program with new loyalty tiers and benefits aimed at residential pool owners. Regulatory and capital markets developments, such as the approval and implementation of a 1-for-20 reverse stock split and subsequent confirmation of compliance with Nasdaq’s minimum bid price requirement, are also addressed in company news.
By following the LESL news feed, investors and observers can track Leslie's financial disclosures, strategic actions, loyalty program developments, and governance changes in one place, and reference the company’s own explanations of its operating environment and risk factors.
Leslie's, the leading direct-to-consumer pool and spa care brand in the U.S., has appointed Maile (Clark) Naylor to its Board of Directors, replacing Eric Kufel effective May 15, 2024.
Ms. Naylor joins as a Class I Director and member of the Audit and Compensation Committees. Eric Kufel resigned to focus on his role as Chairman and CEO of another company, with no disagreements related to Leslie's operations or policies.
Ms. Naylor brings 25 years of buy-side experience at firms like MFS Investment Management and Wellington Management. She is an Independent Director at BJ's Wholesale Club and Laird Superfood. Leslie's Chairman John Strain expressed gratitude for Kufel's contributions and welcomed Naylor's valuable perspective.
Leslie’s, Inc. reported its second-quarter fiscal 2024 financial results, with sales of $188.7 million and a net loss of $34.6 million. The company reaffirmed its fiscal 2024 outlook, expecting sales of $1,410 to $1,470 million. Despite challenges like cool weather impacting sales, the CEO remains optimistic about future growth.
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