{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-025829","form_type":"8-K","ticker":"LESL","cik":"0001821806","company_name":"Leslie's, Inc.","filed_at":"2022-11-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.349341+00:00","generated_at":"2026-06-21T11:47:23.170347+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"Leslie's Q4 net income +30.1% to $57.9M; FY2023 guidance below prior year levels","bullets":["Q4 sales $475.6M (+16.3% YoY); comparable sales +10.2%.","Q4 adjusted EPS $0.35 (vs $0.26); FY2022 adjusted EPS $0.95 (vs $0.85).","FY2023 guidance: sales $1,560-1,640M, adj EPS $0.78-0.86, adj EBITDA $280-310M.","Inventories $361.7M (+82% YoY); cash $112.3M; $148M remaining in buyback program.","Acquisition spend $107.7M in FY2022; total funded debt $797.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-025829","json":"https://secwatch.observer/filing/0000950170-22-025829.json","markdown":"https://secwatch.observer/filing/0000950170-22-025829.md","text":"https://secwatch.observer/filing/0000950170-22-025829.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821806/000095017022025829/0000950170-22-025829-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821806/000095017022025829/lesl-20221130.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T11:47:23.170347+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00bdfd763befdcc65a71adef0633079e27d72f67","claim":"Leslie's, Inc. reported fiscal year 2023 results: revenue $1,560 to $1,640 million, net income $131 to $146 million, EPS $0.78 to $0.86. Guidance initiated.","evidence_excerpt":"Fiscal 2023 Outlook The Company expects the following for Fiscal 2023: Sales $1,560 to $1,640 million Gross profit $667 to $708 million Net income $131 to $146 million Adjusted net income $145 to $160 million Adjusted EBITDA $280 to $310 million Adjusted diluted earnings per share $0.78 to $0.86 Diluted weighted average shares outstanding 185 to 187 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017022025829/0000950170-22-025829-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2023"},{"label":"Revenue","value":"$1,560 to $1,640 million"},{"label":"Net income","value":"$131 to $146 million"},{"label":"EPS","value":"$0.78 to $0.86"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"2060efda30d6a5a4665c65dc8f563ac46705e892","claim":"Leslie's, Inc. reported the fourth quarter ended October 1, 2022 results: revenue $475.6 million, net income $57.9 million, EPS $0.31.","evidence_excerpt":"Sales increased $66.7 million, or 16.3%, to $475.6 million compared to $408.9 million in the prior year period and comparable sales increased 10.2%. • Gross profit increased $29.1 million, or 15.5%, to $217.2 million compared to $188.1 million in the prior year period and gross margin was 45.7% compared to 46.0% in the prior year period. The decrease in gross margin was primarily attributed to business mix. 1 • Selling, general and administrative expenses (“SG&A”) increased $13.2 million to $134.1 million compared to $120.9 million in the prior year period, primarily driven by the sales increase, inflationary costs associated with payroll and digital marketing expenses, and non-comparable SG&A related to our acquisitions. • Operating income increased $16.0 million, or 23.8%, to $83.1 million compared to $67.1 million in the prior year period. • Net income increased $13.4 million, or 30.1%, to $57.9 million compared to $44.5 million in the prior year period. • Adjusted net income increa","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017022025829/0000950170-22-025829-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended October 1, 2022"},{"label":"Revenue","value":"$475.6 million"},{"label":"Net income","value":"$57.9 million"},{"label":"EPS","value":"$0.31"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7f59cfa850ed947ee04d80e912a397ee95b45978","claim":"Leslie's, Inc. reported the fiscal year ended October 1, 2022 results: revenue $1,562.1 million, net income $159.0 million, EPS $0.85.","evidence_excerpt":"Sales increased $219.2 million, or 16.3%, to $1,562.1 million compared to $1,342.9 million in the prior year period and comparable sales increased 10.6%. • Gross profit increased $78.5 million, or 13.2%, to $673.7 million compared to $595.2 million in the prior year period and gross margin was 43.1% compared to 44.3% in the prior year period. The decrease in gross margin was primarily attributed to business mix. • SG&A increased $48.9 million to $435.0 million compared to $386.1 million in the prior year period, primarily driven by the sales increase, inflationary costs associated with payroll and digital marketing expenses, and non-comparable SG&A related to our acquisitions. • Operating income increased $29.7 million, or 14.2%, to $238.8 million compared to $209.1 million in the prior year period. • Net income increased $32.4 million, or 25.6%, to $159.0 million compared to $126.6 million in the prior year period. • Adjusted net income increased $14.9 million, or 9.2%, to $176.4 mill","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017022025829/0000950170-22-025829-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended October 1, 2022"},{"label":"Revenue","value":"$1,562.1 million"},{"label":"Net income","value":"$159.0 million"},{"label":"EPS","value":"$0.85"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}