---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-130573"
form_type: "8-K"
ticker: "LESL"
cik: "0001821806"
company_name: "Leslie's, Inc."
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:05:04.240966+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Leslie's Q4 net loss $9.9M; Q1 FY2025 guided to $169-176M sales with adj. EBITDA loss

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-130573
- form_type: 8-K
- ticker: LESL
- cik: 0001821806
- company_name: Leslie's, Inc.
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821806/000095017024130573/0000950170-24-130573-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821806/000095017024130573/lesl-20241125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-130573
- JSON: https://secwatch.observer/filing/0000950170-24-130573.json
- Plain text: https://secwatch.observer/filing/0000950170-24-130573.txt

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