Leslie's Inc

Leslie's Inc. is a major direct-to-customer brand in the American pool and spa care industry. The company specialises in the aftermarket needs of both residential owners and professional pool operators, offering a wide assortment of essential products. A significant portion of its catalogue, over 80%, consists of non-discretionary items like chemicals, equipment, and cleaning supplies, which are fundamental for pool maintenance. Beyond retail, Leslie's also provides key services such as equipment installation, repairs, and complimentary in-store water testing with its AccuBlue system. It operates through an integrated ecosystem that combines a digital platform with over 1,000 physical stores across the United States. This hybrid model allows it to serve a broad and diverse customer base effectively. As with any investment, a company's value can go down as well as up.