Leslie's Inc. is a leading retailer and distributor of pool and spa-related products and services in the United States
The company specializes in providing a wide range of offerings, including chemicals, equipment, accessories, and maintenance services designed to enhance the enjoyment and upkeep of pools and spas. With a strong focus on customer satisfaction, Leslie's Inc. operates a vast network of retail stores and a robust e-commerce platform, catering to both residential and commercial clients. The company is committed to delivering expert advice and high-quality products, fostering a pleasant and safe swimming experience for its customers.
Shares of pool products retailer Leslie’s (NASDAQLESL) fell 24.4% in the afternoon session after the company reported weak fourth-quarter results. Revenue barely beat forecasts, with growth remaining flat. Gross margin shrank because of stock write-downs and higher rent and shipping costs. The weaker margins contributed to an earnings loss, which missed estimates. The forecast was also weak as EBITDA guidance for the next quarter fell short of Wall Street's estimates. Overall, this was a softer quarter.
Pool products retailer Leslie’s (NASDAQLESL) reported Q4 CY2024 results topping the market’s revenue expectations, but sales were flat year on year at $175.2 million. On the other hand, next quarter’s revenue guidance of $184 million was less impressive, coming in 3.1% below analysts’ estimates. Its non-GAAP loss of $0.22 per share was 5.8% below analysts’ consensus estimates.
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Shares of pool products retailer Leslie’s (NASDAQLESL) fell 33% in the afternoon session after the company reported weak third-quarter results. All key metrics, along with its outlook, missed Wall Street's estimates. The company observed "softness in store traffic and larger-ticket and discretionary categories." and the weakness also reflected in profits. Overall, this was a challenging quarter.
Pool products retailer Leslie’s (NASDAQLESL) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 8% year on year to $397.9 million. Next quarter’s revenue guidance of $172.5 million underwhelmed, coming in 3.4% below analysts’ estimates. Its non-GAAP profit of $0.02 per share was 82.1% below analysts’ consensus estimates.
Leslie's shares are falling after the company reported its fourth-quarter results after Monday's closing bell. Here's a look at the details from the report.
