- In its second IPO, Leslie's, Inc. has shown immense revenue and income growth for the last two years.
- Despite the disruptions of the pandemic, it did not shrink in 1Q as observed using year-over-year comparison.
- Cash on hand remains above $100 million with lower financial leverage and no borrowings at its revolver.
- After a month of a downtrend, the stock price has started to move in a generally upward pattern.
- The raising of the FY 2021 outlook may be reasonable, given the potential reopening of the economy and pent-up demand for most goods and services.
For further details see:
Leslie's Remains Afloat Despite Market Disruptions