secwatch.observer — SEC 8-K summary
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Issuer:     Leslie's, Inc. (LESL)
CIK:        0001821806
Form:       8-K
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0000950170-23-066409
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leslie's Q4 net income $16.5M, sales down 9.1%; FY2024 sales guidance $1.41-1.47B
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- Q4 sales $432.4M, down 9.1% YoY; net income $16.5M vs $57.9M; adjusted EPS $0.14 vs $0.35.
- FY2023 sales $1,451.2M (-7.1% YoY); net income $27.2M vs $159M; adjusted EBITDA $168.1M vs $292.3M.
- Gross margin fell to 37.0% from 45.7% due to chemical pricing actions and inventory adjustments.
- FY2024 outlook: sales $1,410-1,470M; adj. EBITDA $170-190M; adj. diluted EPS $0.25-0.33.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821806/000095017023066409/0000950170-23-066409-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821806/000095017023066409/lesl-20231128.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-066409

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer