{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-001704","form_type":"8-K","ticker":"LESL","cik":"0001821806","company_name":"Leslie's, Inc.","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.794216+00:00","generated_at":"2026-06-20T02:40:26.011154+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Leslie's Q1 FY2023 net loss $(0.16)/share; sales up 5.6% to $195.1M, comps down 4.0%","bullets":["Record Q1 sales of $195.1M (+5.6% YoY); comparable sales declined 4.0% blamed on weather.","Net loss $(30.3)M ($(0.16) diluted EPS) vs loss of $(14.5)M ($(0.08)) a year ago; adjusted EPS $(0.14).","Gross margin fell to 33.5% from 36.4% due to business mix and occupancy deleverage.","Reaffirmed FY2023 outlook: sales $1,560-$1,640M, adjusted EPS $0.78-$0.86.","Inventories rose to $429.5M (+75% YoY) on investments to meet demand and mitigate supply chain."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-001704","json":"https://secwatch.observer/filing/0000950170-23-001704.json","markdown":"https://secwatch.observer/filing/0000950170-23-001704.md","text":"https://secwatch.observer/filing/0000950170-23-001704.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023001704/0000950170-23-001704-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023001704/lesl-20230202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T02:40:26.011154+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":"c9382e8d2a3ad4113e6f86f3114710d81407a7e9","claim":"Leslie's, Inc. reported first quarter ended December 31, 2022 results: revenue $195.1 million, net income $(30.3) million, EPS $(0.16). Guidance reaffirmed.","evidence_excerpt":"Three Months Ended December 31, 2022 Highlights • Sales increased $10.3 million, or 5.6%, to $195.1 million compared to $184.8 million in the prior year period and non-comparable sales related to our acquisitions and new store growth increased $17.7 million. Comparable sales decreased 4.0% compared to the prior year period. • Gross profit decreased $2.0 million, or 3.0%, to $65.3 million compared to $67.3 million in the prior year period and gross margin was 33.5% compared to 36.4% in the prior year period. The decrease in gross margin was primarily attributed to business mix, and occupancy deleverage. • Selling, general and administrative expenses (“SG&A”) increased $12.5 million to $92.3 million compared to $79.8 million in the prior year period, primarily driven by inflationary costs associated with payroll and digital marketing expenses, and non-comparable SG&A related to our acquisitions. • Operating loss was $(27.0) million compared to $(12.5) million in the prior year period. •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023001704/0000950170-23-001704-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended December 31, 2022"},{"label":"Revenue","value":"$195.1 million"},{"label":"Net income","value":"$(30.3) million"},{"label":"EPS","value":"$(0.16)"},{"label":"Guidance","value":"reaffirmed"},{"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"}