Enjoyed the detailed review of Leslieās history and recent challenges.
Is there possibly another threat coming for Leslieās? Home Depotās largest acquisition in their history was SRS in 2024. At the time of acquisition, pool supplies represented ~16% of SRSās sales. If operational execution has been the source of Leslieās problems, might this be an easy layup for Home Depot to take market share in pool supplies?
Would be interested in other peopleās thoughts on this.
Enjoyed the detailed review of Leslieās history and recent challenges.
Is there possibly another threat coming for Leslieās? Home Depotās largest acquisition in their history was SRS in 2024. At the time of acquisition, pool supplies represented ~16% of SRSās sales. If operational execution has been the source of Leslieās problems, might this be an easy layup for Home Depot to take market share in pool supplies?
Would be interested in other peopleās thoughts on this.