secwatch.observer — SEC 8-K summary
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Issuer:     Leslie's, Inc. (LESL)
CIK:        0001821806
Form:       8-K
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0000950170-25-099182
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821806/000095017025099182/0000950170-25-099182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821806/000095017025099182/lesl-20250728.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-099182

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer