Leslies (LESL) Stock

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

I recommend a hold rating for Leslie's stock due to persistent weak demand and an uncertain macro environment, despite some signs of recovery. LESL's Q3FY24 results showed an 8% y/y decline in net sales and a significant drop in margins, with adj. EPS missing consensus estimates. LESL's high leverage ratio of 6.1x net debt-to-EBITDA and recent $5 million one-time charge indicate financial strain and operational limitations.

Leslie's, Inc. (NASDAQ:LESL ) Q4 2024 Earnings Conference Call November 25, 2024 4:30 PM ET Company Participants Matt Skelly - VP, IR Jason McDonell - CEO Scott Bowman - CFO Conference Call Participants Kate McShane - Goldman Sachs Simeon Gutman - Morgan Stanley Ryan Merkel - William Blair Jonathan Matuszewski - Jefferies Rene Marin - Guggenheim Securities David Bellinger - Mizuho Securities Justin Kleber - Baird Operator Good afternoon and welcome to the Fiscal Fourth Quarter and Full Year 2024 Earnings Conference Call for Leslie's. At this time, all participants are in a listen-only mode.

Leslie's, Inc. (LESL) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.14 per share a year ago.

PHOENIX, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Leslie's, Inc. (“Leslie's”, “we”, “our”, “its”, or “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, today announced its financial results for the fourth quarter and fiscal 2024.

Jason McDonell Appointed CEO; Joining Company on September 9, 2024 Mike Egeck Departs Leslie's; Chairman John Strain to Serve as Interim CEO Until Mr. McDonell Joins Company Reaffirms Fiscal 2024 Outlook PHOENIX, Aug. 26, 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, today announced the appointment of Jason McDonell as Chief Executive Officer, effective September 9, 2024.

Leslie's, Inc. (LESL) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.41 per share a year ago.

Investors need to pay close attention to Leslie's (LESL) stock based on the movements in the options market lately.

PHOENIX, June 20, 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 it has increased the size of the Board of Directors from seven to eight members and elected Lorna Nagler to its Board of Directors, effective June 19, 2024. Ms. Nagler has joined as a Class II Director and has been appointed to the Nominating and Corporate Governance Committee and Compensation Committee of the Board of Directors.