---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-009811"
form_type: "8-K"
ticker: "LESL"
cik: "0001821806"
company_name: "Leslie's, Inc."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:22:30.441880+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-009811
- form_type: 8-K
- ticker: LESL
- cik: 0001821806
- company_name: Leslie's, Inc.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821806/000095017024009811/0000950170-24-009811-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821806/000095017024009811/lesl-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-009811
- JSON: https://secwatch.observer/filing/0000950170-24-009811.json
- Plain text: https://secwatch.observer/filing/0000950170-24-009811.txt

## Key facts
- Earnings Releases
  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
  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 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821806/000095017024009811/0000950170-24-009811-index.htm

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