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Leslies (Leslies) Preferred Stock : $0 Mil (As of Mar. 2024)


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What is Leslies Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Leslies's preferred stock for the quarter that ended in Mar. 2024 was $0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Leslies's Enterprise Value for the quarter that ended in Mar. 2024 was $2,261 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Leslies's Book Value per Share for the quarter that ended in Mar. 2024 was $-1.25.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Leslies's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.19.


Leslies Preferred Stock Historical Data

The historical data trend for Leslies's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Leslies Preferred Stock Chart

Leslies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Preferred Stock
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Leslies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Leslies Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Leslies  (NAS:LESL) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Leslies's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Leslies's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Leslies's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Leslies Preferred Stock Related Terms

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Leslies (Leslies) Business Description

Traded in Other Exchanges
Address
2005 East Indian School Road, Phoenix, AZ, USA, 85016
Leslies Inc is a direct-to-consumer pool and spa care brand offering a comprehensive assortment of products across chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. The company offers its products and services for Residential Pool, Residential Spa, Professional Pool, and Commercial Pool consumers. Geographically, it operates only in the United States.
Executives
Mike Africa officer: See Remarks 2005 E. INDIAN SCHOOL ROAD, PHOENIX AZ 85016
Dave Caspers officer: Chief Stores Officer 2005 E. INDIAN SCHOOL ROAD, PHOENIX AZ 85016
Naomi Cramer officer: Chief People Officer 2005 E. INDIAN SCHOOL ROAD, PHOENIX AZ 85016
Steven M Weddell officer: See Remarks C/O L CATTERTON, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Michael R. Egeck director, officer: Chief Executive Officer 71 STEVENSON STREET, 22ND FLOOR, SAN FRANCISCO CA 94105
Scott Justin Bowman officer: See Remarks 451 INDUSTRIAL LANE, BIRMINGHAM AL 35211
Bubbles Investor Aggregator, L.p. 10 percent owner 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Brad Gazaway officer: See Remarks 2005 E INDIAN SCHOOL RD, PHOENIX AZ 85016
Claire Spofford director 4 BATTERYMARCH PARK, QUINCY MA 02169
Moyo Labode officer: Chief Merchandising Officer 2005 E INDIAN SCHOOL RD, PHOENIX AZ 85016
Gic Private Ltd 10 percent owner 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Paula Baker officer: Chief Revenue Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Ray James R Jr director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Eric J Kufel director
John Strain director 2 FOLSOM STREET, SAN FRANCISCO CA 94105