Leslie’s Poolmart Profit Rises 32% in 2nd Quarter

Leslie’s Poolmart, a Chatsworth-based retailer of swimming pool supplies, said profits surged 32% in the second quarter, to $6 million from $4.52 million in the same period a year earlier.

The company’s revenue for the three months that ended June 30 rose 30%, to $54.9 million from $42.2 million. Brian P. McDermott, president and chief executive officer, attributed the higher sales and profits to increased advertising, better sales of commercial pool products and improvements in pricing and merchandising. The company also operated more stores, 158 as of June 30 compared with 130 a year ago.

For the six months that ended June 30, the company posted a profit of $2.4 million, up 38% from $1.74 million a year earlier. Revenue for the six months increased 27%, to $66.6 million from $52.6 million.