earnings
confidence high
sentiment negative
materiality 0.80
Leslie's Q4 net loss $9.9M; Q1 FY2025 guided to $169-176M sales with adj. EBITDA loss
Leslie's, Inc.
2024-FY EPS reported
-$0.13
revenue$1,330,121,000
- Q4 sales $397.9M (-8.0% YoY); comparable sales -8.3%; net loss $9.9M vs $16.5M income a year ago.
- Fiscal 2024 net loss $23.4M (vs $27.2M income); adjusted EBITDA $108.7M vs $168.1M prior year.
- Q1 FY2025 outlook: sales $169M-$176M, adj. EBITDA loss $(29)M-$(27)M, diluted EPS loss $(0.21)-$(0.20).
- Gross margin 36.0% vs 37.0%, hurt by occupancy deleverage and a one-time ~$5M contract charge.
- Inventory down 24.9% to $234.3M; cash rose to $108.5M from $55.4M; no revolver borrowings.