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. Mr. ...

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Leslie’s, Inc. (NASDAQ: LESL) on behalf of long-term stockholders following a class action complaint that was filed against Leslie’s on September 8, 2023 with a Class Period from February 5, 2021 to July 13, 2023. Our investigation concerns whether the board of directors of Leslie’s have breached their fiduciary duties to the company. The Cla ...

ESLIES. We know pools. ing the content of the thing Quarter 2024 EarningS August 7, 2024 Disclaimer INDUSTRY INFORMATION This presentation includes market data and certain other statistical information and estimates that are based on reports and other publications from industry analysts, market research firms, and other independent sources, as well as management's own good faith estimates and analyses. We believe these third-party reports to be reputable, but have not independently verified the underlying d ...

财务数据和关键指标变化 - 第三季度总销售额为5.7亿美元,同比下降7%,其中受6月2023年化学品价格上调的影响约230个基点 [14][28] - 毛利率为40.2%,同比下降101个基点,主要受6月2023年化学品价格上调112个基点、仓储成本摊销85个基点以及库存调整90个基点的正面影响所抵消 [29][20] - 调整后EBITDA为1.09亿美元,调整后每股收益为0.34美元 [32] 各条业务线数据和关键指标变化 - 住宅池业务销售下降8%,专业池业务销售下降2%,住宅热水浴缸销售下降4% [27] - 化学品销售下降1%,设备销售下降15%,可选产品销售下降10% [16] - 化学品销量在第三季度转正,设备销量已恢复至2019年水平 [39][40] 各个市场数据和关键指标变化 - 6月销售同比下降2%,较前两个月的下降11%有所改善 [13] - 6月化学品销售同比增长5%,专业池业务销售同比下降2%,热水浴缸销售同比下降4% [13] - 6月客流量同比下降5%,较第二季度的下降10%有所改善 [13] 公司战略和发展方向及行业竞争 - 公司正在执行多项战略举措,包括提升客户忠诚度、拓展专业客户业务、新店开设等 [22][23][24] - 公司认为行业需求正在逐步回归正常,一旦行业需求恢复,公司有望实现中单位数的销售增长、40%的毛利率、12%的营业利润率和中高单位数的调整后EBITDA利润率 [10] - 公司认为自身在行业中的地位和优势并未受到损害,销售表现与同行业公司相当 [52] 管理层对经营环境和未来前景的评论 - 公司认为行业需求正在经历修复过程,虽然目前仍面临不利天气、宏观环境挑战以及疫情后需求正常化,但已看到一些积极迹象 [44][39][40] - 公司将继续专注于成本管控、库存管理、提升客户转化率等方面,为未来行业需求恢复做好准备 [45] 其他重要信息 - 公司将优先偿还债务,目标是将杠杆比率降至3倍以下,同时将适度投资新店开设 [43] - 公司预计第四季度销售同比下降7%,毛利率约39%,调整后EBITDA为5100万-6500万美元,调整后每股收益为0.06-0.12美元 [36][37][38] 问答环节重要的提问和回答 问题1 **Justin Kleber 提问** 第三季度实际业绩与之前指引存在差距,主要是哪些方面拖累了业绩? [48][49][50][51][52] **Mike Egeck 回答** 第三季度销售指引为持平,实际下降7%,主要是客流量下降6个百分点所致,客流量下降是由天气、宏观环境和行业需求正常化等因素综合影响造成的,公司认为并未失去市场份额 [50][51][52] 问题2 **Jonathan Matuszewski 提问** 公司会员客户表现优于非会员客户,这种差异是否与以前类似?会员渗透率目前如何,未来有何提升计划? [59][60] **Mike Egeck 回答** 公司会员客户一直表现优于非会员,通常交易额是非会员的两倍,虽然在疫情期间有所下降,但已恢复到相似水平,会员客户占总交易量约75%,公司将继续努力增加会员数量 [60] 问题3 **Steven Forbes 提问** 公司对未来设备价格走势有何预期?是否会有大幅上涨,对需求造成影响? [76][77] **Mike Egeck 回答** 公司与供应商正在密切关注成本压力,但也需要平衡不能过度提价而影响需求,目前尚未看到明显的价格上涨信号,公司将继续密切关注并与供应商合作,确保价格变化不会对需求造成太大影响 [77]

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this company would post a loss of $0.17 per share when it actually produced a loss of $0.17, delivering no surprise.Over the last four quarters, the company has surpassed c ...

公司概况 - 公司是美国15亿美元泳池和水疗护理行业最大和最值得信赖的直接面向消费者品牌[69] - 公司拥有1000多家品牌门店和强大的数字平台构成的一体化营销和分销生态系统[69] - 公司产品组合中超过80%是非自主性产品,是维护住宅和商业泳池和水疗所必需的[69] - 公司提供免费的商业级店内水质检测和分析服务,增加了消费者参与度、转化率、篮筐规模和忠诚度[69] - 公司业务在经济衰退和COVID-19疫情期间仍保持强劲增长和盈利能力[69] 影响因素 - 公司销售受天气、季节性、产品组合和供应、促销和竞争活动、消费者支出习惯以及通胀和利率等因素影响[71] - 公司毛利率受商品成本、定价和促销、产品组合和可用性、通胀以及服务成本的影响[73] - 公司面临宏观经济事件和不确定性的影响,如公共卫生危机、地缘政治冲突、供应链中断、劳动力市场限制、高通胀和高利率等[79] - 由于化学品供应不稳定,一些客户可能会囤积化学品,导致需求出现意外变化[79] 财务表现 - 销售额下降6.8%至5.696亿美元，主要受化学品定价调整和交易量下降影响[89] - 销售额下降9.3%至9.323亿美元，主要受化学品定价调整和交易量下降影响[89] - 毛利润下降9.9%至2.288亿美元，毛利率下降100个基点至40.2%，主要受化学品定价调整、分销中心成本费用化和租赁成本上升的影响[90] - 毛利润下降16.3%至3.336亿美元，毛利率下降230个基点至35.8%，主要受化学品定价调整、租赁成本上升和分销中心成本费用化的影响[90] - 销售、一般及管理费用下降3.5%至1.311亿美元，主要受商户费用和薪酬成本下降[91] - 销售、一般及管理费用下降6.6%至3.029亿美元，主要受薪酬成本、商户费用、高管过渡费用和股权激励费用下降[91] - 利息费用增加0.5百万美元，主要由于贷款利率上升[92] - 所得税费用减少6.7百万美元，主要由于本期税前亏损[93] - 净利润减少11.9百万美元，主要由于毛利下降[94] - 调整后净利润减少13.1百万美元[94] - 调整后EBITDA减少19.5百万美元，主要由于毛利下降[95] 现金流 - 公司业务存在明显季节性，第三和第四季度销售和利润最高[96] - 公司主要通过经营活动现金流和信用额度满足营运资金、资本支出和并购等需求[97] - 经营活动现金流增加135.2百万美元，主要由于应付账款和存货减少[99] - 投资活动现金流减少6.7百万美元，主要由于并购支出减少[100] - 融资活动现金流减少29.9百万美元，主要由于信用额度借款减少[101]

财务业绩 - 第三季度销售额为5.696亿美元，同比下降6.8%[5] - 毛利为2.288亿美元，同比下降9.0%，毛利率为40.2%[5] - 销售、一般及管理费用为1.311亿美元，同比下降3.5%[5] - 营业利润为9770万美元，同比下降[5] - 净利润为6070万美元，同比下降[5] - 调整后每股收益为0.34美元，同比下降[5] - 调整后EBITDA为1.095亿美元，同比下降[5] - 公司三个月营收为5.696亿美元，同比下降6.8%[21] - 三个月毛利率为40.2%，同比下降2.8个百分点[21] - 三个月经营利润为9,770万美元，同比下降15.6%[21] - 三个月调整后EBITDA为1.095亿美元，同比下降15.1%[23] - 三个月调整后每股收益为0.34美元，同比下降17.1%[23] - 九个月营收为9.323亿美元，同比下降8.5%[21] - 九个月经营利润为3,070万美元，同比下降51.7%[21] - 九个月调整后EBITDA为6,577万美元，同比下降39.6%[23] - 九个月调整后每股亏损为0.03美元，上年同期盈利0.14美元[23] 现金流和资产 - 现金及现金等价物为7440万美元，较上年同期增加5500万美元[6] - 存货为3.022亿美元，较上年同期下降30.8%[6] - 公司现金及现金等价物为7,444万美元，较上年末增加35.4%[26] 其他信息 - 公司本季度的稀释每股收益为0.33美元，调整后稀释每股收益为0.34美元[31] - 本季度基本加权平均股数为184,834股，稀释加权平均股数为184,861股[31] - 报告中包含与分销中心和门店相关的折旧费用，以及与股权激励相关的费用和非经常性成本[32] - 报告中包含高管过渡费用、资产处置损失、并购费用等非经常性项目[32] - 这些调整项目的税务影响已在报告中体现[32] 全年预测 - 全年销售额预计为13.21亿美元至13.47亿美元之间[7]

Investors in Leslie's, Inc. (LESL) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 16, 2024 $15.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also m ...

Leslies (NASDAQ:LESL) stock is falling hard on Thursday after the direct-to-consumer pool and spa care company provided preliminary results for its fiscal third quarter of 2024.This has it expecting adjusted earnings per share of 32 cents to 33 cents alongside revenue of roughly $570 million for the quarter. For comparison, Wall Street is expecting adjusted EPS of 42 cents with revenue of $615.41 million for the period.Leslies CEO Mike Egeck said this about the latest earnings results.“The cold and wet spri ...

Fiscal third quarter results impacted by unfavorable April and May weather resulting in a delayed start to the pool season; Company performance improved in June with warmer weather Continued weakness in discretionary product categories due to persistent inflation and high interest rates Company updates fiscal 2024 outlook based on year-to-date performance and current trends PHOENIX, July 17, 2024 (GLOBE NEWSWIRE) -- Leslie's, Inc. (("Leslie's", "we", "our", "its", or "Company", NASDAQ:LESL), the largest and ...