Ok... but swimming pools aren't exactly smart phones. They exist. How many NEW pools are out there vs the 10's of THOUSANDS of pool maintenance companies? Duh!!!!
Actually it's a pretty good area to scoop up companies. It's ripe for consolidating that's what took POOL corp $300 up! They just have such sexier management... I would call this a starter pool but it might get Yullia back https://lesliespool.com/weekender-i...MI7fOllsPJ9wIVJsqUCR2TEQ-5EAYYAiABEgIooPD_BwE
A quick Google search shows 147 pool maintenance companies in Jacksonville FL. Angies List shows 63 in Hartford Ct
Oh, so you spend money to raise the top line revenue. What was LESL's 2 year or more organic growth? Because they are already 1.1 Billion debt. 33% of the marketcap. How many more can they buy? Did interest rates just go up? I heard they did.
Shop By Category I have no clue why the stock is down other than the market sucks - The SG&A expenses were way up Chemicals Above Ground Pools Pool Heaters Variable Speed Pumps Filters Automatic Pool Cleaners
Swimming Pool Market - Drivers & Trends The key factor driving growth in the swimming pool market is large-scale urbanization. It was estimated that, as of 2019, 55% of the world's population resides in urban areas, which is likely to increase to more than 62% by 2021. Around 90% of the global urban population is from APAC and Africa. The large-scale global urbanization has resulted in a significant rise in demand for high-quality infrastructures like urban residential developments and commercial spaces, such as shopping malls. In developing economies, such as Asian and African nations, the construction market is focusing on the development of new residential infrastructures like high-rise residential buildings. With the rise in urbanization, there will be an increased demand for residential infrastructures. This is expected to support the growth of the swimming pool market.