Leslie’s Poolmart Reports Loss for 1st Quarter
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Leslie’s Poolmart suffered a bigger loss in the first quarter on an 18% rise in sales.
The Chatsworth-based swimming pool supply concern, said it lost $5.5 million in the quarter that ended March 30, compared to a $4.4-million loss in the same period a year earlier.
Sales in the latest quarter rose to $18.1 million from $15.4 million last year.
The company said it has already opened 29 of the 40 new stores it plans for this year. Leslie’s Poolmart operates 260 retail stores in 27 states, plus a nationwide mail-order catalog.
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