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

207 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
Gross Margin ExpansionA ~410bp YoY gross margin improvement reflects durable pricing and operational leverage rather than a one-off gain. Management is executing pricing initiatives and distribution/occupancy efficiencies that, if sustained, support longer‑term margin recovery and improved cash generation over the next several quarters.
Customer Reactivation & Comparable SalesRising comparable sales and stronger customer reactivation point to improving demand and retention in a consumables-driven business. Because pool chemicals and maintenance products are recurring purchases, higher registered and reactivated customers should provide steadier revenue and repeat purchase cadence over 2–6 months.
Inventory & SKU OptimizationMaterial inventory reduction and SKU rationalization improve working capital and reduce carrying costs and reserves. These structural changes tighten SKU assortment, lower obsolescence risk, and provide a sustainable EBITDA tailwind as improvements flow through gross margin and cash conversion in the coming quarters.
Bears Say
Persistent UnprofitabilityDespite operational progress, the company is not yet profitable on an adjusted EBITDA basis. Continued negative EBITDA implies the business still requires sustained margin expansion and cost control to generate free cash flow reliably; ongoing losses constrain reinvestment and increase execution risk.
Balance Sheet StrainMaterial negative equity and a thin capital base limit financial flexibility and elevate solvency risk. With sizeable long‑term debt and modest liquidity, the company faces constrained ability to fund growth or absorb shocks without sustained profit improvement or external capital, a durable structural weakness.
Store Closures & Sales HeadwindStore rationalization reduces operating footprint and yields some EBITDA benefit, but the multi‑month sales headwind weakens near‑term revenue scale and may slow recovery of fixed‑cost absorption. Reduced physical presence can also erode local customer relationships and durable revenue potential.

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 $58.40M.
      When is Leslie's’s upcoming earnings report date?
      Leslie's’s upcoming earnings report date is Aug 05, 2026 which is in 24 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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                    Ownership Overview

                    8.79%38.40%0.25%49.04%
                    0.25% Other Institutional Investors
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