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. (LESL) is a leading pool and spa care specialist providing essential maintenance products through its integrated retail network. This news hub offers investors and industry observers centralized access to official company developments and market-moving information.
Track all material announcements including quarterly earnings results, product innovation launches, and strategic partnership updates. Our curated collection ensures timely access to SEC filings, press releases, and relevant industry analysis impacting LESL's market position.
Key updates cover operational expansions, leadership changes, and financial performance metrics while maintaining compliance with disclosure regulations. Bookmark this page for efficient monitoring of LESL's evolving business strategy within the competitive pool care products sector.
Leslie's, Inc. (NASDAQ: LESL) has issued an urgent warning to consumers about chlorinating tablets sold on Amazon and other marketplaces, notably from brands like Rayyakicg and Womtri. These products lack the mandatory U.S. Environmental Protection Agency (EPA) labeling, which is crucial for ensuring safety for swimmers and the environment. Leslie's emphasizes the importance of reading product labels to avoid potential health risks. As per U.S. regulations, pool sanitizing products must have specific EPA identification numbers and labeling. The company aims to inform pool owners as the 2023 swim season approaches.
Leslie's, Inc. (NASDAQ: LESL) reported first quarter sales of $195.1 million, up 5.6% from the previous year, driven by acquisitions and new store growth. However, comparable sales fell 4.0% due to adverse weather. The company's diluted earnings per share were $(0.16), with an adjusted EPS of $(0.14). Gross profit decreased 3.0% to $65.3 million, leading to a gross margin drop from 36.4% to 33.5%. SG&A expenses rose significantly by $12.5 million to $92.3 million, primarily due to inflation. The company reaffirmed its full-year outlook, expecting sales between $1,560 and $1,640 million.
Leslie's, Inc. (NASDAQ: LESL) will release its first-quarter fiscal 2023 financial results after market close on February 2, 2023. A conference call to discuss these results will be held at 4:30 p.m. ET the same day. Investors can join the call by dialing 877-407-0784 for domestic calls or 1-201-689-8560 for international callers, approximately 10 minutes before start time. A live audio webcast will also be available online. A recorded replay of the call will be accessible shortly after the call and available for 90 days.
Leslie's, the leading U.S. pool and spa care brand, reported strong Q4 and fiscal 2022 results with a 16.3% sales increase to $475.6 million. Comparable sales grew 10.2% in Q4 and 10.6% for the year. Diluted EPS rose 34.8% to $0.31 in Q4 and 26.9% to $0.85 for the year. Adjusted EBITDA grew 21.3% to $99.5 million in Q4 and 8.0% to $292.3 million for fiscal 2022. For fiscal 2023, Leslie's expects sales of $1,560 to $1,640 million and adjusted diluted EPS of $0.78 to $0.86.
Leslie's, Inc. (NASDAQ: LESL) will host an Investor Day on November 30, 2022, where it will release its fourth quarter and fiscal year 2022 results. The event starts at 10:00 a.m. ET, following a press release at 7:00 a.m. ET. Management will discuss the results and provide an outlook for fiscal year 2023, alongside strategic growth initiatives. The event will be livestreamed on their investor relations website, with an archived replay available for 90 days.
Leslie's reported record third quarter sales of $673.6 million, a 12.9% increase year-over-year. Net income rose 3.5% to $123.0 million, and diluted earnings per share improved to $0.67 from $0.61. Despite challenges at its Northeastern distribution center, the company's adjusted EBITDA increased 2.0% to $182.9 million. For Fiscal 2022, Leslie's revised its outlook to expect sales growth of 15% to 17% and adjusted earnings per share growth of 6% to 13%.
Leslie's, the largest U.S. direct-to-consumer brand in the pool and spa care industry, will release its third quarter financial results for fiscal 2022 on August 5, 2022, before the market opens. A conference call is scheduled for 9:00 a.m. ET, allowing investors to analyze the results in detail. Interested participants can join the call by dialing the provided numbers or through a live audio webcast available on the company's investor relations site.
Leslie's, Inc. (NASDAQ: LESL) has announced the opening of 11 new retail stores across the U.S. during Summer 2022, expanding its footprint to over 970 locations in 39 states. Key locations include Kalamazoo, MI, and Camillus, NY. CEO Mike Egeck emphasized the company's commitment to providing integrated shopping solutions for all customer needs. Leslie's offers free services such as water testing and pool cleaner inspections, aiming to enhance customer experience. The company is also hiring approximately 4,500 associates to support its operation during the swimming pool season.
Infogain has appointed Anita Lynch and John Strain to its Board of Directors, enhancing its leadership team. Lynch brings over 25 years of experience in data and analytics, previously serving at major firms like Disney and Amazon. Strain, with more than 30 years in digital business, was previously Chief Digital Officer at The Gap, where he launched a successful loyalty program. Their appointments aim to boost Infogain's AI integration and client expansion in digital platform engineering.
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