Leslie’s, Inc. (LESL): A Bull Case Theory

We came across a bullish thesis on Leslie’s, Inc. (LESL) on Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on LESL. Leslie’s, Inc. (LESL)'s share was trading at $2.14 as of Jan 22^nd. LESL’s trailing P/E was 151 according to Yahoo Finance.

Leslie’s (LESL), the only nationwide retail pool supplies store in the U.S., operates over 1,000 locations strategically positioned near most swimming pools, especially in the Sunbelt. The company has built a niche serving both small pool service providers and DIY homeowners by providing chemicals...