Leslie's Q3 preliminary net sales ~$500M (down 12% YoY); withdraws FY guidance

Leslie's, Inc.

2025-Q3 EPS reported -$0.40 vs consensus $1.33 ▼ miss (-130.1%)

Net sales ~$500M, down ~12% YoY; net income $20-22M; diluted EPS $0.11-$0.12.
Adjusted EBITDA $79-82M; adjusted net income $35-38M; adjusted diluted EPS $0.19-$0.21.
Company withdraws FY2025 guidance; full Q3 results to be reported on August 6, 2025.
CEO cites extremely wet/cool weather disrupting peak pool season; transformation initiatives underway.
Cash at quarter end ~$43M; $20M revolver drawn and then repaid post-Q3.

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