Leslie's Q2 net loss widens to $51.3M; sales fall 6.1%; reaffirms FY guidance

Leslie's, Inc.

2025-Q2 EPS reported -$0.52 vs consensus $5.71 ▼ miss (-109.1%)

Sales $177.1M, down 6.1% YoY; comparable sales down 6.7%.
Net loss $51.3M ($0.28 diluted loss per share) vs loss $34.6M ($0.19) prior year.
Adjusted EBITDA loss $36.1M vs loss $19.3M prior year; gross margin 24.8% vs 28.8%.
Reaffirmed FY2025 guidance: sales $1,304M-$1,370M, adjusted EBITDA $96M-$116M.
CEO cites weather impact on traffic and 'critical leadership changes' during quarter.

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