Leslie's, Inc. (LESL) raises guidance for full year Fiscal 2021

June 3, 2021 7:23 AM EDT

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 Mike Egeck, Chief Executive Officer, and Steve Weddell, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the William Blair Annual Growth Stock Conference today, Thursday, June 3, 2021 at 10:00 am Central Time.

The Company is also raising its guidance for the full year Fiscal 2021. Mike Egeck, Chief Executive Officer, commented on recent results saying, “We are very pleased with our third quarter performance to date which has exceeded our expectations for both sales and earnings. We’ve experienced a strong start to pool season 2021 and key drivers of our outperformance include the continuation of broad-based industry tailwinds and the execution of our growth initiatives. The pool and spa industry also continues to see retail price inflation across categories and especially in chlorine related products. Our results to date combined with our expectations for the remainder of the year are driving another increase in our full year outlook.”

Current OutlookPrior Outlook
Sales$1,280 to $1,300 million$1,250 to $1,270 million
Net income$115 to $125 million$95 to $105 million
Adjusted net income$145 to $155 million$125 to $135 million
Adjusted EBITDA$245 to $255 million$225 to $235 million
Adjusted net income per share$0.75 to $0.80$0.65 to $0.70
Diluted share count193 million193 million

Webcast InformationA live webcast of the Company’s session at the William Blair Annual Growth Conference can be accessed on the Company’s website, https://ir.lesliespool.com/.



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