earnings
confidence high
sentiment negative
materiality 0.85
Leslie's reports FY2025 net loss of $237M; to close 80-90 stores, one DC
Leslie's, Inc.
2025-FY EPS
reported -$25.57
vs consensus -$4.36
▼ miss
(-487.1%)
- Q4 sales $389.2M (-2.2% YoY); comparable sales -6.5%; adjusted EBITDA $45.2M above guidance.
- FY2025 net loss $237M vs $23.4M loss prior year; goodwill impairment $180.7M.
- Basic loss per share corrected to $(25.57) from $(25.51) due to clerical error.
- Planning closure of 80-90 underperforming stores and one DC for FY26 EBITDA improvement.
- FY2026 guidance: sales $1.1B-$1.25B, adjusted EBITDA $55M-$75M, capex $20M-$25M.