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Leslie's (LESL)
NASDAQ:LESL
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Leslie's (LESL) Price & Analysis

203 Followers

LESL Stock Chart & Stats

$2.76
>-$0.01(-0.23%)
At close: 4:00 PM EST
$2.76
>-$0.01(-0.23%)

Bulls Say, Bears Say

Bulls Say
Recurring Consumable RevenueLeslie’s core revenue mix is dominated by consumable chemicals and serviceable maintenance items that require regular replenishment. This creates steady, repeatable unit demand and predictable seasonal cash flows, supporting long‑run revenue stability and customer retention across channels.
Margin Expansion And Operational LeverageMaterial gross margin improvement and a meaningful adjusted EBITDA uplift reflect better pricing, distribution and occupancy cost leverage. Sustained margin recovery from pricing and execution reduces the scale of structural losses and enhances the potential to convert incremental sales into durable profits.
Structural Cost Actions And Omnichannel InvestmentsConcrete, quantified cost-savings (store rationalization, SKU cuts, expense reductions) combined with omnichannel capabilities (BOPIS, same‑day delivery) improve unit economics and customer access. These structural changes reduce fixed costs and expand fulfillment efficiency over multiple seasons.
Bears Say
Deep GAAP Losses And Negative MarginsSustained large GAAP losses and deeply negative margins indicate structural profitability shortfalls. Losses erode retained capital and limit the company's ability to self‑fund investments or absorb shocks without meaningfully improving margins or securing external financing over the medium term.
Negative Shareholder EquityPersistent negative equity constrains financial flexibility, complicates covenant and capital structure management, and reduces resilience to revenue volatility. Even with lower debt vs prior years, a thin capital base limits strategic optionality and increases dependence on positive cash generation to repair the balance sheet.
Profitability Not Yet Secured; Execution HeadwindsAlthough EBITDA is improving, it remains negative and the company faces near‑term revenue and margin headwinds from store closures and inventory rebalancing. These execution risks could delay the shift to sustainable profitability and test liquidity as benefits from cost actions are realized later.

Leslie's News

LESL FAQ

What was Leslie's’s price range in the past 12 months?
Leslie's lowest stock price was $0.87 and its highest was $13.56 in the past 12 months.
    What is Leslie's’s market cap?
    Leslie's’s market cap is $74.31M.
      When is Leslie's’s upcoming earnings report date?
      Leslie's’s upcoming earnings report date is Aug 05, 2026 which is in 53 days.
        How were Leslie's’s earnings last quarter?
        Leslie's released its earnings results on May 13, 2026. The company reported -$5.36 earnings per share for the quarter, missing the consensus estimate of -$4.413 by -$0.947.
          Is Leslie's overvalued?
          According to Wall Street analysts Leslie's’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Leslie's pay dividends?
            Leslie's does not currently pay dividends.
            What is Leslie's’s EPS estimate?
            Leslie's’s EPS estimate is 4.86.
              How many shares outstanding does Leslie's have?
              Leslie's has 9,359,448 shares outstanding.
                What happened to Leslie's’s price movement after its last earnings report?
                Leslie's reported an EPS of -$5.36 in its last earnings report, missing expectations of -$4.413. Following the earnings report the stock price went up 144.755%.
                  Which hedge fund is a major shareholder of Leslie's?
                  Currently, no hedge funds are holding shares in LESL
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Leslie's

                    Leslie's, Inc. operates as a leading direct-to-consumer brand specializing in comprehensive pool and spa care throughout the United States. The company actively markets and sells a vast array of supplies, equipment, and related services to ensure optimal pool and spa maintenance for its diverse clientele, which includes residential homeowners, pool and spa professionals, and commercial consumers. Their extensive product offerings encompass essential pool chemicals like chlorine, sanitizers, water balancers, specialty chemicals, and algae control solutions. They also provide various pool covers (e.g., winter, solar, safety options, leaf nets, reels) and critical pool equipment such as cleaners, pumps, filters, heating systems, and lighting. For those looking to set up a pool, Leslie's stocks diverse pool types—ranging from above-ground and soft-side models to liners, essential equipment, ladders, rails, and diving boards. Beyond initial setup, the company supplies a full spectrum of maintenance products, including seasonal opening and closing kits, filter cartridges, chemical dispensers, and cleaning accessories (like hoses and attachments). A wide selection of replacement parts is available for automatic pool cleaners, filters, pumps, and heating systems. Additionally, Leslie's offers safety, recreational, and fitness-related products for an enhanced pool and spa experience. Complementing its product lines, Leslie's also provides vital pool equipment repair services. The company reaches its customers through a significant network of 952 company-operated locations spread across 38 states, further supported by robust e-commerce platforms. Founded in 1963, Leslie's, Inc. maintains its corporate headquarters in Phoenix, Arizona.

                    Leslie's (LESL) Earnings & Revenues

                    LESL Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call emphasized solid operational and commercial progress: revenue and comparable sales growth, strong customer reactivation, meaningful gross margin expansion, inventory reductions, and a $9.2M improvement in adjusted EBITDA. Management outlined concrete cost-savings levers (store optimization, SKU rationalization, expense reductions) and reiterated full-year guidance while rolling out the Price Drop initiative and convenience capabilities (BOPIS, Uber). However, significant headwinds remain—GAAP and adjusted net losses are still material, adjusted EBITDA remains negative, store closures create a near-term sales drag, there is an upcoming one-time margin impact from inventory optimization, and leverage is high at $753M. On balance, the progress and momentum in customer metrics, margin expansion, and operational initiatives outweigh the outstanding challenges, but the company is not yet profitable and execution risk into the peak season and back half of the year is meaningful.View all LESL earnings summaries

                    LESL Stock 12 Month Forecast

                    Average Price Target

                    $3.25
                    ▲(17.75% Upside)
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