Leslie's, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 02, 2022
August 05, 2022 at 07:00 am EDT
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Leslie's, Inc. reported earnings results for the third quarter and nine months ended July 02, 2022. For the third quarter, the company reported sales was USD 673.63 million compared to USD 596.54 million a year ago. Net income was USD 122.99 million compared to USD 118.8 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to USD 0.63 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to USD 0.61 a year ago.
For the nine months, sales was USD 1,086.53 million compared to USD 933.99 million a year ago. Net income was USD 101.1 million compared to USD 82.09 million a year ago. Basic earnings per share from continuing operations was USD 0.55 compared to USD 0.45 a year ago. Diluted earnings per share from continuing operations was USD 0.54 compared to USD 0.43 a year ago.
Leslie's, Inc. is a direct-to-consumer brand in the United States pool and spa care industry. The Company serves the aftermarket needs of residential and professional consumers with an assortment of essential pool and spa care products. More than 80% of its assortment is comprised of non-discretionary products essential to the care of residential and commercial pools and spas. The Company's assortment includes chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. It also offers essential services, such as equipment installation and repair for residential consumers and professional pool operators. The Company offers complimentary, commercial-grade in-store water testing and analysis via its AccuBlue system. It operates an integrated platform consisting of locations, distribution centers and e-commerce websites. The Company's portfolio of e-commerce websites includes Leslie's and In the Swim.
LESLIE'S, INC. 
