Added to YB: 2026-05-26
Pitch date: 2026-05-22
LESL [bullish]
Leslie's, Inc.
Author Info
Company Info
Leslie's, Inc. operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services.
Market Cap
$13.3M
Pitch Price
N/A
Price Target
60.00 (+1639%)
Dividend
N/A
EV/EBITDA
7.96
P/E
-0.05
EV/Sales
0.89
Sector
Specialty Retail
Category
turnaround
Some brief trades to highlight Leslie (LESL)
LESL: Largest US pool aftermarket retailer (80% revenue). Positive SSS inflection +6.6% in Q2'26 after 2-yr hangover from pandemic overinvestment. GPM improving, Q3/Q4 seasonally cash-geneating (~$80M inventory unwind). ~$30M mkt cap behind $800M net debt, priced for distress. 5% activist stake filed. Base case: 10x on $140M EBITDA = $15/share (5x) post equity raise at $5. Bull: no dilution = $60/share (20x). Risks: consumer, execution.
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