Jul. 17 at 6:12 PM
$LESL I get what you're saying but,
they don't have any money for M&A
they don't need to be a POOL corp, those margins are low(er) and require a large(er) consistent customer base
Impulse items are where the money is made...
F&D basically rearranged the deck chairs, as you put it...
Walk into a Floor and Decor and walk out knowing the new house you just bought 6 months ago needs a
$20K makeover, you're a money saving DIYer but realize you really should put that
$2K heating floor system in while your at it.
Walk into a Leslies....
do they have automatic pool chlorinators displayed clearly for
$120 dollars, showing how it takes less that 10 minutes to install and you can get rid of that stupid blue floater.
what about the
$50 multi colored light up water fountain that connects to your smart phone
or
$40 inflatable volleyball net that they won't able to keep in stock...
all high margin items, just to name a few
