Leslie's

Mike1162

Silver Supporter
Jun 13, 2015
994
N Tonawanda, NY
Don't know if this has come up before. Leslie's went public last October.
Leslie's stock price

So here's my evil plan:
1) We all invest heavily in Leslie's stock.
2) We stop promoting liquid chlorine and suggest everyone get their water tested at Leslie's and buy everything they recommend.
3) Rake in all kinds of money as the stock soars.

We'll be rich I tell ya, RICH!
 
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mknauss

Mod Squad
TFP Expert
Bronze Supporter
May 3, 2014
43,640
Laughlin, NV
Pool Size
6000
Surface
Fiberglass
Chlorine
Salt Water Generator
SWG Type
Pentair Intellichlor IC-40

PoolGate

Gold Supporter
TFP Guide
Jun 7, 2017
6,342
Damascus, MD
Pool Size
29000
Surface
Plaster
Chlorine
Salt Water Generator
SWG Type
Jandy Aquapure 1400
I'll never understand how they value a company. Leslie's is worth $4.5 billion dollars?
 

Rocket J Squirrel

Silver Supporter
Bronze Supporter
Jun 7, 2018
1,186
Alamo, CA
Pool Size
36000
Surface
Plaster
Chlorine
Liquid Chlorine
Maybe they're bigger than you thought.
Leslie's Inc. is direct-to-consumer pool and spa care brand. The Company offers its products under the brand Jacuzzi, Hayward, Natural Chemistry, Dolphin, Zodiac, Nature2, Pentair and Waterway.
Why go public? Well the CEO and President each cashed out tens of millions of dollars worth in June, along with other insiders.
 

JLT3

New member
Apr 9, 2019
1
Austin, TX
Inventory on the shelf is a capital asset. So each of their 930 stores is worth a little north of $4.8 million. That's, like, 12 bottles of no-phos and 35 quarts of algecide each.
I checked you math and...it's correct.

Seriously though, yes the store serves little useful purpose, however people do shop there. I have had about 10 families over my house in the past couple of months and I believe 7 of them are adding pools...at least trying to, but most builders are several months backed up...so maybe the stock is a buy anyway.
 

Newdude

Gold Supporter
TFP Guide
Jun 16, 2019
10,371
NY
No two ways about it. They have the most customers for residential pool products. I forget now cuz it was a while ago but #2 and #3 combined couldn’t take the #1 spot. As much as we don’t like their ways, they aren’t going ANYWHERE.
 

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Katodude

Silver Supporter
Aug 22, 2017
1,682
West Palm Beach/Florida
Pool Size
15000
Surface
Plaster
Chlorine
Salt Water Generator
SWG Type
Hayward Aqua Rite (T-15)
First we have to start promoting their at home $50/month testing device. Then we make sure people buy lots of ammonia and copper based products. Dont forget after we prop up their stock price we have to dump and go crazy short on the stock too.

We all join reddit stock groups, and make big headlines. Leslies not needed, pool owners can take care of their pools by themselves for fractions of the cost!!!