{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-032848","form_type":"8-K","ticker":"LESL","cik":"0001821806","company_name":"Leslie's, Inc.","filed_at":"2023-07-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.449780+00:00","generated_at":"2026-06-13T08:52:08.179550+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Leslie's Q3 preliminary sales $611M, -12% comp; cuts FY outlook; CFO Weddell to step down, Bowman named","bullets":["Preliminary Q3 net sales $611M, -12% comp; gross margin ~41% ($249-251M).","Adjusted EBITDA Q3 expected $124-128M; full-year Adjusted EBITDA revised to $170-180M.","FY2023 outlook cut: net sales $1.43-1.45B, Adj. EPS $0.28-$0.32.","CEO cites low-double-digit traffic declines, price sensitivity, and residual chemicals from prior year.","CFO Steve Weddell stepping down Aug 7; Scott Bowman appointed CFO (ex-CFO of Dave & Buster's, Hibbett)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-032848","json":"https://secwatch.observer/filing/0000950170-23-032848.json","markdown":"https://secwatch.observer/filing/0000950170-23-032848.md","text":"https://secwatch.observer/filing/0000950170-23-032848.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023032848/0000950170-23-032848-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023032848/lesl-20230713.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T08:52:08.179550+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":"1b59dc82ec10db74aed66ca629937599e18ec4f3","claim":"Leslie's, Inc. reported full year fiscal 2023 results: revenue $1,430 to $1,450 million, net income $33 to $40 million, EPS $0.28 to $0.32. Guidance lowered.","evidence_excerpt":"Net sales are now expected to be $1,430 to $1,450 million, gross profit is expected to be $549 to $559 million, net income is expected to be $33 to $40 million, Adjusted EBITDA is expected to be $170 to $180 million, Adjusted net income is expected to be $52 to $59 million, and Adjusted diluted earnings per share are expected to be $0.28 to $0.32.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023032848/0000950170-23-032848-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year fiscal 2023"},{"label":"Revenue","value":"$1,430 to $1,450 million"},{"label":"Net income","value":"$33 to $40 million"},{"label":"EPS","value":"$0.28 to $0.32"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"593887be1ebcf7fbd96a736d421a7f48ab77a40f","claim":"Leslie's, Inc. reported third quarter ended July 1, 2023 results: revenue $611 million, net income $70 to $73 million, EPS $0.39 to $0.41. Guidance lowered.","evidence_excerpt":"The Company expects preliminary sales for the third quarter of $611 million including a comparable sales decline of (12)%. Gross profit is expected to be $249 to $251 million and gross margin is expected to be approximately 41%. Net income is expected to be $70 to $73 million, Adjusted EBITDA is expected to be $124 to $128 million, Adjusted net income is expected to be $73 to $76 million, and Adjusted diluted earnings per share are expected to be $0.39 to $0.41.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023032848/0000950170-23-032848-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended July 1, 2023"},{"label":"Revenue","value":"$611 million"},{"label":"Net income","value":"$70 to $73 million"},{"label":"EPS","value":"$0.39 to $0.41"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"9625a3a644","claim":"Scott Bowman was appointed as Chief Financial Officer and Treasurer at Leslie's, Inc..","evidence_excerpt":"The Board of Directors of the Company appointed Scott Bowman, age 56, as the Company’s Chief Financial Officer and Treasurer to succeed Mr. Weddell, effective August 7, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023032848/0000950170-23-032848-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"c9a71f1d5d","claim":"Steve Weddell departed as Chief Financial Officer at Leslie's, Inc..","evidence_excerpt":"Steve Weddell will be stepping down from his position as Chief Financial Officer of the Company effective August 7, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023032848/0000950170-23-032848-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepping down"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}