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LESL - Why Leslie's Faces A Tough Path To Profitability
Leslie's Inc.
2024-06-04 15:14:58 ET
Summary
Leslie's revenue declined by 11.36% due to unfavorable weather conditions and increased competition.
The company launched the AccuBlue Home Smart Tech Water Testing Device and expanded PRO service locations to boost sales and customer loyalty.
Challenges include the risk of stretching resources, potential declining service quality, and losing market share to competitors. Valuation analysis suggests overvaluation.