---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055703"
form_type: "8-K"
ticker: "LESL"
cik: "0001821806"
company_name: "Leslie's, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T12:39:59.926955+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Leslie's Q2 FY2024 sales down 11.4% to $188.7M; net loss of $34.6M; reaffirms FY outlook

## Summary
- Sales $188.7M (-11.4% YoY); comparable sales -12.1%; gross margin 28.8% vs 33.4% a year ago.
- Net loss $34.6M (-$0.19 diluted EPS); adjusted diluted EPS -$0.17 (vs -$0.14 prior year).
- Adjusted EBITDA -$19.3M vs -$8.4M prior year; interest expense up to $18.2M from $17.2M.
- Inventories down 23% to $379.1M; funded debt $882.7M (down from $965.8M a year ago).
- FY2024 outlook reaffirmed: sales $1.41-1.47B; adjusted EBITDA $170-190M; adjusted EPS $0.25-0.33.

## SEC filing metadata
- accession: 0000950170-24-055703
- form_type: 8-K
- ticker: LESL
- cik: 0001821806
- company_name: Leslie's, Inc.
- filed_at: 2024-05-08T23:59:59+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/1821806/000095017024055703/0000950170-24-055703-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821806/000095017024055703/lesl-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055703
- JSON: https://secwatch.observer/filing/0000950170-24-055703.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055703.txt

## Key facts
- Earnings Releases
  Leslie's, Inc. reported second quarter ended March 30, 2024 results: revenue $188.7 million, net income Net Loss of $34.6 million, EPS $(0.19). Guidance reaffirmed.
  - Period: second quarter ended March 30, 2024
  - Revenue: $188.7 million
  - Net income: Net Loss of $34.6 million
  - EPS: $(0.19)
  - Guidance: reaffirmed
  - Result: reported results
  source text: Leslie’s, Inc. Announces Second Quarter Fiscal 2024 Financial Results • Sales of $188.7 million • Net Loss of $34.6 million • Adjusted EBITDA of $(19.3) million • Diluted earnings per share of $(0.19); Adjusted diluted earnings per share of $(0.17) • Company reaffirms fiscal 2024 outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821806/000095017024055703/0000950170-24-055703-index.htm

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