Leslie’s
General Information | |
Business: | We are the largest and most trusted direct-to-consumer brand in the nearly $11 billion United States pool and spa care industry, serving residential, professional, and commercial consumers. Founded in 1963, we are the only direct-to-consumer pool and spa care brand with national scale, operating an integrated marketing and distribution ecosystem powered by a physical network of 934 branded locations and a robust digital platform. We command a market-leading share of nearly 15% of residential aftermarket product spend, which represents an increase of approximately 500 basis points since 2010; our physical network is larger than the sum of our 20 largest competitors, and our digital sales are estimated to be greater than five times as large as that of our largest digital competitor. (*Note: Revenue and net income figures are for the nine months ended June 27, 2020, according to the prospectus.) |
Industry: | Retail Stores - Pool Supplies |
Employees: | 5081 |
Founded: | 1963 |
Contact Information | |
Address | 2005 East Indian School Road, Phoenix, AZ 85016 |
Phone Number | (602) 366-3999 |
Web Address | http://www.lesliespool.com/ |
View Prospectus: | Leslie’s |
Financial Information | |
Market Cap | $2799.15mil |
Revenues | $730.92 mil (last 12 months) |
Net Income | $16.51 mil (last 12 months) |
IPO Profile | |
Symbol | LESL |
Exchange | NASDAQ |
Shares (millions): | 40.0 |
Price range | $17.00 - $17.00 |
Est. $ Volume | $680.0 mil |
Manager / Joint Managers | Goldman Sachs/ Morgan Stanley/ BofA Securities |
CO-Managers | Jefferies /Nomura / Baird /Guggenheim Securities / Piper Sandler/ William Blair / Telsey Advisory Group / Loop Capital Markets/ Ramirez & Co./ AmeriVet Securities |
Expected To Trade: | 10/29/2020 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |