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    LESL   US5270641096

LESLIE'S, INC.

(LESL)
  Report
Delayed Quote. Delayed Nasdaq - 12/01 03:57:42 pm
20.18 USD   -3.72%
11/29Leslie's, Inc. to Report Fourth Quarter of Fiscal 2021 Financial Results on December 9, 2021
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11/23INSIDER SELL : Leslie's
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11/20LESLIE : Holiday Gift Ideas for Pool Owners
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Leslie : Water Bags & Winter Cover Blocks

09/29/2021 | 05:42am EST
Water Bags & Winter Cover Blocks

Winter is coming, and it's time to unroll that pool cover! But how do you keep it from blowing away, or from allowing debris to slip into your pool? For years, that job has been the sole purview of water bags. But with the advent of winter cover blocks, that's all beginning to change.

What's A Water Bag?

For safety and security, water bags keep pool covers from shifting or flying open when it's too cold to use your pool on a regular basis. Whereas bricks or other stone blocks can damage your cover - and introduce other safety hazards - water bags safely keep it from blowing open when the wind and rain start sweeping in.

Historically, the downside to water bags has been leakage. While reasonably durable when left alone, water bags tend to attract curious critters who will nibble away at the bags until holes begin to appear and water starts to leak out. As you can imagine, a water bag without water isn't particularly useful! These holes can be temporarily fixed with a dab of silicone or a vinyl patch kit, but those are still more added expenses.

The problem with leakage has been somewhat stymied by the creation of double water bags, which use two different water bags so that your cover will stay secured even if one of the two bags develops a leak. But additional problems remain; primarily, when a water bag becomes frozen, it's prone to rolling off the cover entirely. Double water bags are less likely to roll than single bags, but the possibility still remains. Are these simply minor annoyances every pool owner has to deal with, or is there a better way?

Enter, The Winter Cover Block

The introduction of the winter cover block has dramatically changed the way pool covers are secured. They're effectively the same on a basic level. Water halfway fills the blocks (to allow for expansion later when they freeze). They're then placed along the perimeter of the pool cover roughly eighteen inches apart.

Where the winter cover blocks shine, however, is in their durability. Constructed of material four times thicker than standard water bags, they're effectively critter-proof and considerably longer-lasting; say goodbye to rips and tears! Their flat, rectangular shape also means that they won't balloon and roll when frozen, keeping them locked in place all winter long.

Another added perk of winter cover blocks is how easy they are to store and reuse! When summer finally comes, winter cover blocks can be emptied of their water and neatly stacked together, keeping them safely stored until needed again.

Bag vs. Block

Water bags remain a reliable and practical solution to hold your pool cover in place, though winter cover blocks have clearly improved upon them in multiple ways. The primary factor in choosing one or the other will ultimately be cost; winter cover blocks are a larger initial expense, while water bags remain an affordable alternative. The savings water bags provide are only in the short-term, however, as winter cover blocks will ultimately last longer and need to be replaced less frequently.

Whichever you choose, you can find a wide array of pool cover solutions at Leslie's, and if you don't want to do it yourself, we have the expertise to help you in winterizing your pool. Our expert technicians are on-hand to help with winter pool services, or you can stop by your local Leslie's store to have your questions answered.

Disclaimer

Leslie's Inc. published this content on 28 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2021 09:41:06 UTC.


ę Publicnow 2021
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Analyst Recommendations on LESLIE'S, INC.
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Financials (USD)
Sales 2021 1 321 M - -
Net income 2021 130 M - -
Net Debt 2021 439 M - -
P/E ratio 2021 31,4x
Yield 2021 -
Capitalization 3 980 M 3 980 M -
EV / Sales 2021 3,35x
EV / Sales 2022 2,99x
Nbr of Employees 3 700
Free-Float 96,8%
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Technical analysis trends LESLIE'S, INC.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 13
Last Close Price 20,96 $
Average target price 32,42 $
Spread / Average Target 54,7%
EPS Revisions
Managers and Directors
Michael Relich Egeck Chief Executive Officer & Director
Steven M. Weddell CFO, Secretary, Treasurer & Executive VP
Steven L. Ortega Chairman
James R. Ray Lead Independent Director
John F. Strain Director
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