---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-104102"
form_type: "8-K"
ticker: "LESL"
cik: "0001821806"
company_name: "Leslie's, Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:51:43.874852+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Leslie's Q3 sales $500.3M (-12%), net income $21.7M; sees FY net loss $57M-$65M

## Summary
- Q3 sales $500.3M, down 12.2% YoY; comparable sales down 12.4%. Net income $21.7M ($0.12 diluted EPS) vs $60.7M ($0.33).
- Adjusted net income $37.9M vs $63.3M; adjusted diluted EPS $0.20 vs $0.34. Adjusted EBITDA $81.6M vs $109.5M.
- Cash $42.7M (down $31.8M); inventories $273.2M (-9.6%); net cash used in ops $(39.4)M vs prior year $60.4M provided.
- Full-year FY25 guidance: sales $1,210M-$1,235M, net loss $57M-$65M, adjusted EBITDA $50M-$60M.
- CEO cites weather and competitive pricing as headwinds; company added expert resources to accelerate strategic initiatives.

## SEC filing metadata
- accession: 0000950170-25-104102
- form_type: 8-K
- ticker: LESL
- cik: 0001821806
- company_name: Leslie's, Inc.
- filed_at: 2025-08-06T23:59:59+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/1821806/000095017025104102/0000950170-25-104102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821806/000095017025104102/lesl-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-104102
- JSON: https://secwatch.observer/filing/0000950170-25-104102.json
- Plain text: https://secwatch.observer/filing/0000950170-25-104102.txt

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