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Leslies Poolmart

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BUSINESS
April 8, 1997
Leslie's Poolmart said that its preliminary figures showed a 32% jump in sales for its quarter that ended March 29. Sales in the first quarter were $23.8 million, compared to $18.1 million a year ago. The Chatsworth-based swimming pool supplies retailer also said that its same-store sales--those stores that were open a year ago--jumped by 21%. And the company said that of the 25 new stores it plans to open this year, 20 have already opened.
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CALIFORNIA | LOCAL
October 17, 2000
Leslie's Poolmart Inc. of Chatsworth will move its corporate headquarters to Phoenix in January, the company said. The move is expected to lower operating costs. Leslie's Poolmart sells pool supplies in stores in 30 states, over the Internet and through catalog sales.
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CALIFORNIA | LOCAL
December 14, 1999
Leslie's Poolmart Inc., Chatsworth, reported sales for the fourth quarter ended Oct. 2 of $94 million, an increase of .6% over the fourth quarter last year. Sales for the year ended Oct. 2 increased 11.6% over fiscal 1998 to $282 million. The company, which is not publicly traded, reports sales but not earnings. It sells pool supplies through 368 stores in 30 states.
CALIFORNIA | LOCAL
August 15, 2000
Leslie's Poolmart Inc. of Chatsworth reported net income of $13.8 million for the third quarter ended July 1, compared with $12.3 million for the third quarter of 1999. Revenue rose to $138.3 million from $128.9 million. Leslie's Poolmart sells swimming pool supplies through 384 retail stores in 30 states, catalog sales and the Internet.
BUSINESS
July 21, 1992
Leslie's Poolmart, citing poor weather that slowed its swimming pool supplies business, said its second-quarter profit will trail the Chatsworth company's expectations. The disclosure sparked a selloff in Leslie's stock, which plunged 35%, to $5 a share, last Wednesday. The stock closed Monday at $5.75 a share in NASDAQ trading. Although Leslie's sales in the quarter ended June 30 rose 18% from a year earlier, to $42.
BUSINESS
April 1, 1997
Leslie's Poolmart posted a 14% increase in its net income for 1996 while its sales rose 18%. The Chatsworth-based swimming pool supplies chain had net income of $3.9 million last year, compared to a profit of $3.4 million in 1995. Sales for all of last year were $191.6 million, compared to $150.3 million in 1995. In the fourth quarter that ended in December, Leslie's posted a loss of $4.4 million, compared to a loss of $3.7 million in the same period a year earlier.
BUSINESS
August 20, 1996
Leslie's Poolmart posted strong second-quarter results with a 45% jump in its net income on a 24% rise in sales. The Chatsworth-based swimming pool supply store chain had a $9.7-million profit in the quarter that ended June 29, compared to a $6.7-million profit a year ago. Sales in the latest quarter rose to $88.8 million, up from $71.9 million. For the six months, the company's profits rose 78% to $4.1 million, up from a $2.3-million profit in the same period a year ago.
CALIFORNIA | LOCAL
December 14, 1999
Leslie's Poolmart Inc., Chatsworth, reported sales for the fourth quarter ended Oct. 2 of $94 million, an increase of .6% over the fourth quarter last year. Sales for the year ended Oct. 2 increased 11.6% over fiscal 1998 to $282 million. The company, which is not publicly traded, reports sales but not earnings. It sells pool supplies through 368 stores in 30 states.
BUSINESS
June 17, 1997
Leslie's Poolmart Inc. announced that it has completed its transition to a privately held company. The transaction was handled by Hancock Park Associates, Leonard Green & Partners L.P. and members of the company's management and was overwhelmingly approved by shareholders, the Chatsworth company said. Instructions regarding the exchange of shares for cash will be sent out to registered shareholders.
BUSINESS
May 6, 1997
Leslie's Poolmart posted a net loss of $6.1 million for its first quarter. The Chatsworth-based company, which manufacturers pool supplies and products, reported that net income fell 10% compared with the same period last year. Nevertheless, the company reported a 31% increase in sales for the first three months of the year, totaling $23.8 million compared with $18 million a year earlier.
BUSINESS
April 8, 1997
Leslie's Poolmart said that its preliminary figures showed a 32% jump in sales for its quarter that ended March 29. Sales in the first quarter were $23.8 million, compared to $18.1 million a year ago. The Chatsworth-based swimming pool supplies retailer also said that its same-store sales--those stores that were open a year ago--jumped by 21%. And the company said that of the 25 new stores it plans to open this year, 20 have already opened.
BUSINESS
April 1, 1997
Leslie's Poolmart posted a 14% increase in its net income for 1996 while its sales rose 18%. The Chatsworth-based swimming pool supplies chain had net income of $3.9 million last year, compared to a profit of $3.4 million in 1995. Sales for all of last year were $191.6 million, compared to $150.3 million in 1995. In the fourth quarter that ended in December, Leslie's posted a loss of $4.4 million, compared to a loss of $3.7 million in the same period a year earlier.
BUSINESS
February 28, 1997 | JILL LEOVY, SPECIAL TO THE TIMES
Frustrated by a lagging stock price, Leslie's Poolmart said Thursday that it has agreed to be taken private by a group led by Chairman Michael Fourticq and Chief Executive Brian McDermott. The group--which includes Leonard Green & Partners L.P., a Los Angeles-based merchant banking firm--will purchase the company for $14.50 per share in cash, or about $100 million, McDermott said. "We haven't performed as a public stock the way we would have hoped," McDermott said.
BUSINESS
November 13, 1996 | PATRICE APODACA, TIMES STAFF WRITER
Leslie's Poolmart, the Chatsworth swimming pool supply retailer that has had trouble keeping its stock price afloat, said Tuesday that it has received a management-led buyout offer worth up to $109 million. Hancock Park Associates II, a partnership led by Leslie's chairman, Michael J. Fourticq, and Chief Executive Brian P. McDermott, has proposed taking the company private by acquiring its outstanding shares for $14.50 apiece.
BUSINESS
November 5, 1996
Leslie's Poolmart saw its net income drop 13% in the third quarter, in large part because of a change in its tax rate. The Chatsworth-based swimming pool supplies concern posted net income of $4.2 million, down from a $4.8-million profit a year ago. In the quarter that ended Sept. 28, Leslie's saw its sales jump 12% to $63.7 million, up from $56.9 million last year. The company said its effective tax rate jumped sharply in the quarter because of a change in its tax reserves.
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