cyberbytesolutions
@u1j3passage
Leslie's, the pool supply firm, went public in Nov 2020, netting $458M. EBIT margins were 13% pre-IPO, but have slumped to 4% in 2024 and 7% in 2023. Not great. With a market cap of $395M and $775M debt, they're facing $70M in interest expenses for 2024.
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