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, 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.
Leslie’s (Nasdaq: LESL) announced a secondary offering of 13 million shares of common stock by certain stockholders, with an additional option for underwriters to purchase 1.95 million more shares. All proceeds from this offering will go to the selling stockholders, and Leslie’s will not receive any funds. Notably, the company is not offering any new shares in this transaction. The offering is managed by renowned investment banks, including Morgan Stanley and Goldman Sachs.
Leslie's, Inc. (NASDAQ: LESL) has appointed James R. Ray, Jr. to its Board of Directors, enhancing its governance structure. Ray brings extensive experience in supply chain management, strategy development, and mergers and acquisitions, having previously held leadership roles at Stanley Black & Decker and TE Connectivity. He expressed enthusiasm about contributing to Leslie's growth, which is the leading U.S. brand in pool and spa care since 1963, operating over 950 locations and employing 5,000 associates.
Leslie's reported a record third quarter for fiscal 2021 with sales of $596.5 million, up 24.3% year-over-year. Net income reached $118.8 million, a significant 65.2% increase, with adjusted net income of $124.4 million (up 68.8%). Adjusted EBITDA rose to $179.3 million, an increase of 49.7%. The company raised its fiscal 2021 outlook, now expecting sales of $1,315 million and adjusted EBITDA of $265 million. This growth reflects strong consumer demand and effective strategic execution despite supply chain constraints.
Leslie's, Inc. (NASDAQ:LESL) will release its financial results for Q3 of fiscal 2021 after market close on August 4, 2021. A conference call to discuss these results is scheduled for 4:30 PM ET the same day. Investors and analysts can join by dialing 855-327-6837 (international: 1-631-891-4304) 10 minutes prior to the call. A live audio webcast will be available on their investor relations website, with a recorded replay accessible for 90 days post-call.
Leslie's, Inc. (Nasdaq: LESL) announced a secondary offering of 24.5 million shares at $27.64 each by certain stockholders, with an option to purchase an additional 3.675 million shares. Leslie's will not receive proceeds from this offering, expected to close on June 14, 2021. Goldman Sachs, Morgan Stanley, and BofA Securities are the lead underwriters. The company emphasizes its position as the largest U.S. brand in pool and spa care, operating 945 locations and employing over 5,000 experts. The offering details follow a registration statement declared effective on June 9, 2021.
Leslie’s, Inc. (Nasdaq: LESL) announced a secondary offering of 24,500,000 shares by certain stockholders, with an option for underwriters to purchase an additional 3,675,000 shares. The selling stockholders will retain all proceeds from this offering, while Leslie’s will not receive any funds. Goldman Sachs, Morgan Stanley, and BofA Securities are the lead underwriters. A registration statement has been filed but is not yet effective. The company is a leading direct-to-consumer brand in the pool and spa care industry, operating 945 locations.
Leslie's, the leading direct-to-consumer brand in the U.S. pool and spa care sector, announced its participation in the William Blair Annual Growth Stock Conference on June 3, 2021. CEO Mike Egeck reported impressive third-quarter results, exceeding expectations in sales and earnings. Due to a robust start to pool season, the company raised its fiscal 2021 guidance. Current projections include sales of $1,280 to $1,300 million and adjusted net income of $145 to $155 million.
FAQ
What is the current stock price of Leslie'S (LESL)?
What is the market cap of Leslie'S (LESL)?
