---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037202"
form_type: "8-K"
ticker: "LESL"
cik: "0001821806"
company_name: "Leslie's, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:39:48.965584+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Leslie's Q3 sales fall 9.3%, EPS $0.39 vs $0.67; reaffirms lowered FY guidance

## Summary
- Sales $610.9M, -9.3% YoY; comparable sales -11.8% on double-digit traffic declines.
- Net income $72.5M ($0.39 diluted) vs $123.0M ($0.67) prior year; adj EPS $0.41 vs $0.68.
- Gross margin 41.2% vs 45.1% due to product cost inflation, elevated distribution costs.
- Adj EBITDA $129.0M vs $182.9M; interest expense $17.7M at 7.61% vs $6.8M at 3.02%.
- Reaffirms FY23 outlook: sales $1.43-$1.45B, adj EBITDA $170-$180M, adj EPS $0.28-$0.32.

## SEC filing metadata
- accession: 0000950170-23-037202
- form_type: 8-K
- ticker: LESL
- cik: 0001821806
- company_name: Leslie's, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821806/000095017023037202/0000950170-23-037202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821806/000095017023037202/lesl-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037202
- JSON: https://secwatch.observer/filing/0000950170-23-037202.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037202.txt

## Key facts
- Earnings Releases
  Leslie's, Inc. reported the third quarter ended July 1, 2023 results: revenue $610.9 million, net income $72.5 million, EPS $0.39. Guidance reaffirmed.
  - Period: the third quarter ended July 1, 2023
  - Revenue: $610.9 million
  - Net income: $72.5 million
  - EPS: $0.39
  - Guidance: reaffirmed
  - Result: reported results
  source text: set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Leslie’s, Inc. Announces Third Quarter Fiscal 2023 Financial Results • Sales of $610.9 million • Net income of $72.5 million • Adjusted EBITDA of $129.0 million • Diluted earnings per share of $0.39; Adjusted diluted earnings per share of $0.41 PHOENIX, August 2, 2023 –
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821806/000095017023037202/0000950170-23-037202-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.