earnings
confidence high
sentiment negative
materiality 0.75
Leslie's Q3 sales fall 6.8% to $569.6M; net income drops to $60.7M from $72.5M
Leslie's, Inc.
2024-Q3 EPS reported
-$0.07
revenue$932,262,000
- Comparable sales down 7.0% YoY; gross margin contracted to 40.2% from 41.2%.
- Adjusted diluted EPS $0.34 vs $0.41 prior year; GAAP diluted EPS $0.33.
- Adjusted EBITDA $109.5M, down from $129.0M in Q3 fiscal 2023.
- Full-year fiscal 2024 guidance reaffirmed: sales $1,321-1,347M, adjusted EBITDA $117-131M.
- Inventory reduced 30.8% to $302.2M; funded debt down to $783.7M.