Latest news with #Leslie's
Business Upturn
19-05-2025
- Business
- Business Upturn
Level Up Your Pool Game with Leslie's Refreshed Pool Perks Rewards Program
PHOENIX, May 19, 2025 (GLOBE NEWSWIRE) — Leslie's, Inc. (NASDAQ: LESL), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, recently launched its refreshed Pool Perks Rewards Program with the introduction of loyalty tiers. This program is making a splash as pool owners dive into summer focused on ensuring their backyard oasis is clean, safe and beautiful for another season of making memories. 'Everything we do at Leslie's starts with the customer and our industry leading loyalty program is focused on making it easier and more rewarding for residential customers working to keep their pools in pristine condition,' said Jason McDonell, Leslie's chief executive officer. 'Our new tiered Pool Perks Rewards Program is one more way we are delivering against our key pillars of customer centricity and convenience, allowing customers to enhance their pool experience with elevated rewards, including personalized offers that cater to their unique needs. We aim to deliver continuous improvements to enable joy and elevate everyday moments for existing customers while attracting new pool owners to Leslie's.' Climbing the Poolside Ladder with Membership Tiers As part of the Pool Perks Rewards Program, all members earn 1 point per dollar spent, qualified free shipping1 and are eligible for local member events and unique bonuses throughout the year, with benefits building as the customer graduates to higher tiers. Perks Members receive a $1 reward for every 50 points earned. receive a $1 reward for every 50 points earned. Perks Elite Members receive a $5 bonus reward as well as a coupon for 25% off any float 2 upon becoming an Elite Member and earn a $1 reward for every 33 points earned. receive a $5 bonus reward as well as a coupon for 25% off any float upon becoming an Elite Member and earn a $1 reward for every 33 points earned. Perks MVP Members receive a $10 bonus reward as well as a coupon for 50% off any float2 upon becoming an MVP Member and earn a $1 reward for every 20 points earned. You can dive in and begin earning rewards today by visiting your local Leslie's store or signing up online at 1 Perks and Perks Elite members receive free shipping on orders for more than $75. A dditional charges may apply on oversize items and same-day delivery. 2 Must be enrolled in Leslie's email marketing to receive coupon. About Leslie's Founded in 1963, Leslie's is the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide. The company serves the aftermarket needs of residential and professional consumers with an extensive and largely exclusive assortment of essential pool and spa care products. The company operates an integrated ecosystem of over 1,000 physical locations and a robust digital platform, enabling consumers to engage with Leslie's whenever, wherever, and however they prefer to shop. Its dedicated team of associates, pool and spa care experts, and experienced service technicians are passionate about empowering Leslie's consumers with the knowledge, products, and solutions necessary to confidently maintain and enjoy their pools and spas. Contact Elisabeth Eisleben Senior Vice President, Investor & Public RelationsLeslie's, Inc. [email protected]
Yahoo
19-05-2025
- Business
- Yahoo
Level Up Your Pool Game with Leslie's Refreshed Pool Perks Rewards Program
PHOENIX, May 19, 2025 (GLOBE NEWSWIRE) -- Leslie's, Inc. (NASDAQ: LESL), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, recently launched its refreshed Pool Perks Rewards Program with the introduction of loyalty tiers. This program is making a splash as pool owners dive into summer focused on ensuring their backyard oasis is clean, safe and beautiful for another season of making memories. 'Everything we do at Leslie's starts with the customer and our industry leading loyalty program is focused on making it easier and more rewarding for residential customers working to keep their pools in pristine condition,' said Jason McDonell, Leslie's chief executive officer. 'Our new tiered Pool Perks Rewards Program is one more way we are delivering against our key pillars of customer centricity and convenience, allowing customers to enhance their pool experience with elevated rewards, including personalized offers that cater to their unique needs. We aim to deliver continuous improvements to enable joy and elevate everyday moments for existing customers while attracting new pool owners to Leslie's.' Climbing the Poolside Ladder with Membership Tiers As part of the Pool Perks Rewards Program, all members earn 1 point per dollar spent, qualified free shipping1 and are eligible for local member events and unique bonuses throughout the year, with benefits building as the customer graduates to higher tiers. Perks Members receive a $1 reward for every 50 points earned. Perks Elite Members receive a $5 bonus reward as well as a coupon for 25% off any float2 upon becoming an Elite Member and earn a $1 reward for every 33 points earned. Perks MVP Members receive a $10 bonus reward as well as a coupon for 50% off any float2 upon becoming an MVP Member and earn a $1 reward for every 20 points earned. You can dive in and begin earning rewards today by visiting your local Leslie's store or signing up online at 1 Perks and Perks Elite members receive free shipping on orders for more than $75. Additional charges may apply on oversize items and same-day delivery. 2 Must be enrolled in Leslie's email marketing to receive coupon. About Leslie's Founded in 1963, Leslie's is the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide. The company serves the aftermarket needs of residential and professional consumers with an extensive and largely exclusive assortment of essential pool and spa care products. The company operates an integrated ecosystem of over 1,000 physical locations and a robust digital platform, enabling consumers to engage with Leslie's whenever, wherever, and however they prefer to shop. Its dedicated team of associates, pool and spa care experts, and experienced service technicians are passionate about empowering Leslie's consumers with the knowledge, products, and solutions necessary to confidently maintain and enjoy their pools and spas. Contact Elisabeth Eisleben Senior Vice President, Investor & Public RelationsLeslie's,
Yahoo
11-05-2025
- Business
- Yahoo
Leslie's, Inc. (NASDAQ:LESL) Just Reported, And Analysts Assigned A US$1.46 Price Target
Leslie's, Inc. (NASDAQ:LESL) missed earnings with its latest second-quarter results, disappointing overly-optimistic forecasters. Leslie's missed analyst estimates, with revenues of US$177m and a statutory loss per share (eps) of US$0.28 falling 4.3% and 8.7% below expectations, respectively. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. We've discovered 3 warning signs about Leslie's. View them for free. Taking into account the latest results, Leslie's' twelve analysts currently expect revenues in 2025 to be US$1.33b, approximately in line with the last 12 months. Losses are predicted to fall substantially, shrinking 94% to US$0.015. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$1.34b and losses of US$0.013 per share in 2025. So it's pretty clear the analysts have mixed opinions on Leslie's even after this update; although they reconfirmed their revenue numbers, it came at the cost of a notable increase in per-share losses. See our latest analysis for Leslie's With the increase in forecast losses for next year, it's perhaps no surprise to see that the average price target dipped 34% to US$1.46, with the analysts signalling that growing losses would be a definite concern. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Leslie's, with the most bullish analyst valuing it at US$3.00 and the most bearish at US$0.55 per share. We would probably assign less value to the analyst forecasts in this situation, because such a wide range of estimates could imply that the future of this business is difficult to value accurately. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates. Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Leslie's' revenue growth is expected to slow, with the forecast 2.1% annualised growth rate until the end of 2025 being well below the historical 3.8% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 4.9% annually. Factoring in the forecast slowdown in growth, it seems obvious that Leslie's is also expected to grow slower than other industry participants. The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at Leslie's. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Leslie's' future valuation. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Leslie's going out to 2027, and you can see them free on our platform here. However, before you get too enthused, we've discovered 3 warning signs for Leslie's (2 are a bit concerning!) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
08-05-2025
- Business
- Yahoo
Leslie's (NASDAQ:LESL) Misses Q1 Revenue Estimates, Stock Drops
Pool products retailer Leslie's (NASDAQ:LESL) missed Wall Street's revenue expectations in Q1 CY2025, with sales falling 6.1% year on year to $177.1 million. On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $1.34 billion at the midpoint. Its non-GAAP loss of $0.25 per share was 4.2% below analysts' consensus estimates. Is now the time to buy Leslie's? Find out in our full research report. Revenue: $177.1 million vs analyst estimates of $184.5 million (6.1% year-on-year decline, 4% miss) Adjusted EPS: -$0.25 vs analyst expectations of -$0.24 (4.2% miss) Adjusted EBITDA: -$36.06 million vs analyst estimates of -$35.14 million (-20.4% margin, 2.6% miss) Adjusted EPS guidance for the full year is $0.03 at the midpoint, beating analyst estimates by 11.1% EBITDA guidance for the full year is $106 million at the midpoint, above analyst estimates of $105 million Operating Margin: -27.3%, down from -16.2% in the same quarter last year Free Cash Flow was -$55.76 million compared to -$56.48 million in the same quarter last year Locations: 1,000 at quarter end, down from 1,010 in the same quarter last year Same-Store Sales rose 6.7% year on year (-12.1% in the same quarter last year) Market Capitalization: $129.1 million 'I am proud of our team's dedication, resiliency and customer first mindset as we move forward in our transformation journey. Our team remains focused on the fundamentals of our business to deliver progress against our strategic initiatives,' said Jason McDonell, Leslie's Chief Executive Officer. Named after founder Philip Leslie, who established the company in 1963, Leslie's (NASDAQ:LESL) is a retailer that sells pool and spa supplies, equipment, and maintenance services. A company's long-term sales performance can indicate its overall quality. Any business can have short-term success, but a top-tier one grows for years. With $1.32 billion in revenue over the past 12 months, Leslie's is a small retailer, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and negotiating leverage with suppliers. As you can see below, Leslie's grew its sales at a tepid 6.8% compounded annual growth rate over the last six years (we compare to 2019 to normalize for COVID-19 impacts). This quarter, Leslie's missed Wall Street's estimates and reported a rather uninspiring 6.1% year-on-year revenue decline, generating $177.1 million of revenue. Looking ahead, sell-side analysts expect revenue to grow 2.3% over the next 12 months, a deceleration versus the last six years. This projection doesn't excite us and implies its products will face some demand challenges. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. The number of stores a retailer operates is a critical driver of how quickly company-level sales can grow. Leslie's operated 1,000 locations in the latest quarter. It has generally opened new stores over the last two years and averaged 1.3% annual growth, faster than the broader consumer retail sector. When a retailer opens new stores, it usually means it's investing for growth because demand is greater than supply, especially in areas where consumers may not have a store within reasonable driving distance. A company's store base only paints one part of the picture. When demand is high, it makes sense to open more. But when demand is low, it's prudent to close some locations and use the money in other ways. Same-store sales gives us insight into this topic because it measures organic growth for a retailer's e-commerce platform and brick-and-mortar shops that have existed for at least a year. Leslie's demand has been shrinking over the last two years as its same-store sales have averaged 6.9% annual declines. This performance is concerning - it shows Leslie's artificially boosts its revenue by building new stores. We'd like to see a company's same-store sales rise before it takes on the costly, capital-intensive endeavor of expanding its store base. In the latest quarter, Leslie's same-store sales rose 6.7% year on year. This growth was a well-appreciated turnaround from its historical levels, showing the business is regaining momentum. It was good to see Leslie's provide full-year EPS and EBITDA guidance that beat analysts' expectations. On the other hand, its revenue, EPS, and EBITDA fell short of Wall Street's estimates. Overall, this quarter could have been better. The stock traded down 9.2% to $0.64 immediately after reporting. Leslie's earnings report left more to be desired. Let's look forward to see if this quarter has created an opportunity to buy the stock. The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
Globe and Mail
30-04-2025
- Business
- Globe and Mail
Leslie's to Release Fiscal 2025 Second Quarter Financial Results on May 8, 2025
PHOENIX, April 30, 2025 (GLOBE NEWSWIRE) -- Leslie's, Inc. (NASDAQ: LESL), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, today announced it will release fiscal 2025 second quarter financial results after market close on Thursday May 8, 2025. The company will host a conference call at 5:30 p.m. Eastern time on May 8, 2025 to discuss the financial results as well as progress against the company's strategic transformation initiatives. A live webcast of the conference call will be available online at A replay of the conference call will be available within approximately three hours of the conclusion of the call and will be available on the company's Investor Relations website for 180 days. About Leslie's Founded in 1963, Leslie's is the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide. The company serves the aftermarket needs of residential and professional consumers with an extensive and largely exclusive assortment of essential pool and spa care products. The company operates an integrated ecosystem of over 1,000 physical locations and a robust digital platform, enabling consumers to engage with Leslie's whenever, wherever and however they prefer to shop. Its dedicated team of associates, pool and spa care experts as well as experienced service technicians are passionate about empowering Leslie's consumers with the knowledge, products and solutions necessary to confidently maintain and enjoy their pools and spas. Contact
