Leslie's Q1 sales $174M (-10.8% YoY), net loss $39.6M; reaffirms FY2024 outlook

Leslie's, Inc.

2024-Q1 EPS reported -$0.21 revenue$173,960,000

Net loss of $39.6M vs $30.3M loss YoY; diluted EPS $(0.21) vs $(0.16).
Adjusted EBITDA loss of $24.4M vs $11.9M loss YoY; adjusted diluted EPS $(0.20).
Gross margin fell to 29.0% from 33.5% on pricing actions; SG&A down 5.9%.
Reaffirmed FY2024: sales $1.41-1.47B; adjusted EBITDA $170-190M; adj. EPS $0.25-0.33.
Cash $8.4M; funded debt $825.7M; inventory down 22.2% to $334M YoY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Leslie's, Inc. reported first quarter ended December 30, 2023 results: revenue $174.0 million, net income Net loss of $39.6 million, EPS $(0.21). Guidance reaffirmed.

Period: first quarter ended December 30, 2023
Revenue: $174.0 million
Net income: Net loss of $39.6 million
EPS: $(0.21)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Leslie’s, Inc. Announces First Quarter Fiscal 2024 Financial Results • Sales of $174.0 million • Net Loss of $39.6 million • Adjusted EBITDA of $(24.4) million • Diluted earnings per share of $(0.21); Adjusted diluted earnings per share of $(0.20) • Company reaffirms

View on SEC.gov

18 earnings releases filed in the last 30 days. Browse all earnings releases →

Leslie's, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-009811

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.