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 ...

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 ...

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 Commi ...

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 ...

Investors can contact the law firm at no cost to learn more about recovering their losses. LOS ANGELES, June 10, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm is investigating potential claims against the board of directors of Leslie’s, Inc. (“Leslie’s” or the “Company”) (NASDAQ: LESL) Leslie’s, Inc. is the largest retailer of swimming pool supplies and related products in the United States. If you purchased Leslie’s shares prior to 2022 and wish to discuss this matter with us, or have any questions concern ...

财务数据和关键指标变化 - 总销售额下降11%,主要受到天气不利影响和消费者消费模式正常化的影响 [8][11] - 同店销售下降12%,主要受到交易量下降10%的影响 [11] - 平均客单价下降5%,受到高价商品销售下降的影响 [12] - 毛利率下降464个基点,主要受到化学品价格调整和租金费用下降的影响 [15][25] - 调整后EBITDA为负1900万美元,调整后每股亏损0.17美元 [15][27] 各条业务线数据和关键指标变化 - 住宅池业务销售下降12% - 专业池业务销售下降9% - 住宅热水浴缸业务销售下降14% [11] - 设备销售下降10%,但较上季度改善800个基点 [13] - 化学品销售下降11%,其中价格下降575个基点 [12] 各个市场数据和关键指标变化 - 主要非季节性市场如德克萨斯、南加州、亚利桑那和佛罗里达的连续70度以上天气日数大幅下降 [10] - 季节性市场的池开放量下降19% [10] 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、进行并购和新店开设等 [18][19] - 公司认为行业基本面和长期增长动力依然良好,将继续保持领先地位 [16][17] - 公司认为Home Depot收购SRS不会对其构成重大竞争威胁 [112][113] 管理层对经营环境和未来前景的评论 - 管理层认为天气不利是导致本季度业绩下滑的主要原因 [8][10] - 管理层表示最近两周业绩有明显改善,预计全年业绩将在指引范围内 [30][38] - 管理层认为公司有能力在旺季期间表现出色,并有信心实现长期增长和盈利目标 [33][34] 问答环节重要的提问和回答 问题1 **Justin Kleber 提问** 最近几周的销售趋势如何 [37][38] **Mike Egeck 回答** 最近两周销售趋势有明显改善,主要得益于天气转好 [38][39][40] 问题2 **Shaun Calnan 提问** 化学品价格调整对毛利率的影响 [54][55] **Scott Bowman 回答** 第一季度我们通过其他品类的价格调整来抵消化学品价格下降的影响,但第二季度没有这样的调整 [55][56] 问题3 **Simeon Gutman 提问** 对市场份额的看法,以及化学品价格下调后的市场份额变化 [98][99][100] **Mike Egeck 回答** 我们对信用卡数据有些担忧,但与我们其他渠道的数据并不完全吻合。我们认为自己的价格定位仍然很有竞争力,并且客户转化率的提升也是一个好的信号 [99][100]