LESL Stock Recent News

PHOENIX, May 15, 2024 (GLOBE NEWSWIRE) -- Leslie's, Inc. ("Leslie's" or the “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, announced that the Company has appointed Maile (Clark) Naylor to its Board of Directors, replacing Eric Kufel, effective May 15, 2024. Ms. Naylor has joined as a Class I Director and member of the Audit and Compensation Committees. Mr. Kufel has resigned from his board duties at Leslie's to concentrate on his recently appointed role as Chairman and CEO of another company. Mr. Kufel advised the Company that his decision to resign is not due to any disagreement with the Company on any matter relating to its operations, policies or practices.

Leslie's, Inc. (NASDAQ:LESL ) Q2 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Matt Skelly - Vice President, Investor Relations Mike Egeck - Chief Executive Officer Scott Bowman - Chief Financial Officer Conference Call Participants Justin Kleber - Baird Jonathan Matuszewski - Jefferies Shaun Calnan - Bank of America Kate McShane - Goldman Sachs David Bellinger - Mizuho Securities Steven Forbes - Guggenheim Securities Ryan Merkel - William Blair Simeon Gutman - Morgan Stanley Garik Shmois - Loop Capital Markets Andrew Carter - Stifel Operator Good afternoon and welcome to the Second Quarter of Fiscal 2024 Conference Call for Leslie's. [Operator Instructions] As a reminder, this conference call is being recorded and will be available for replay later today on the company's website.

Sales for Leslie's are down, and it has losses, but management expects business to pick up later this year, as is usually the case. The stock is cheaply valued but might not deliver the growth investors need to see.

Leslie's, Inc. (LESL) Q1 2024 Earnings Call Transcript

Leslie's, Inc. (LESL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Leslie's (NASDAQ: LESL ) stock is taking a beating on Wednesday after the pool and spa care company released its earnings report for its fiscal fourth quarter of 2023. The bad news for investors in LESL stock comes from Leslie's adjusted earnings per share of 14 cents during the quarter.

Leslie's, Inc. (NASDAQ:LESL ) Q4 2023 Earnings Conference Call November 28, 2023 4:30 PM ET Company Participants Caitlin Churchill - Investor Relations Michael Egeck - Chief Executive Officer Scott Bowman - Chief Financial Officer and Treasurer Conference Call Participants Ryan Merkel - William Blair Simeon Gutman - Morgan Stanley Steven Forbes - Guggenheim Securities Peter Benedict - Baird Kate McShane - Goldman Sachs Garik Shmois - Loop Capital Markets Jonathan Matuszewski - Jefferies Peter Keith - Piper Sandler Dana Telsey - Telsey Advisory Group Operator Good afternoon and welcome to the Fourth Quarter of Fiscal 2023 Conference Call for Leslie's, Inc. At this time, all participants are in a listen-only mode. Following the prepared remarks, management will conduct a question-and-answer session.

Shares of Leslie's Inc. LESL fell 15% in the extended session Tuesday after the supplier of spa and pool products reported fourth-quarter earnings below expectations and called for 2024 revenue and profit also below Wall Street forecasts. Leslie's earned $16.5 million, or 9 cents a share, in the quarter, compared with $57.9 million, or 31 cents a share, in the year-ago period.

Leslie's, a pool accessories retailer, had an IPO in 2020 but has seen a stock crash as the pandemic-boosted market has subsided. I believe that investors have limited visibility into Leslie's long-term financials - after a few quarters, the company should have normalized comparison figures, giving better visibility. The stock seems to be priced for a mostly poor organic growth, which is mostly in line with my baseline.

Leslie's, Inc. (LESL) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.68 per share a year ago.