---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-092798"
form_type: "8-K"
ticker: "LESL"
cik: "0001821806"
company_name: "Leslie's, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:52:13.355668+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Leslie's Q3 sales fall 6.8% to $569.6M; net income drops to $60.7M from $72.5M

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-092798
- form_type: 8-K
- ticker: LESL
- cik: 0001821806
- company_name: Leslie's, Inc.
- filed_at: 2024-08-07T23:59:59+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/1821806/000095017024092798/0000950170-24-092798-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821806/000095017024092798/lesl-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-092798
- JSON: https://secwatch.observer/filing/0000950170-24-092798.json
- Plain text: https://secwatch.observer/filing/0000950170-24-092798.txt

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