---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-305989"
form_type: "8-K/A"
ticker: "LESL"
cik: "0001821806"
company_name: "Leslie's, Inc."
filed_at: "2025-12-03T23:59:59+00:00"
generated_at: "2026-05-16T15:23:40.231461+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Leslie's reports FY2025 net loss of $237M; to close 80-90 stores, one DC

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-305989
- form_type: 8-K/A
- ticker: LESL
- cik: 0001821806
- company_name: Leslie's, Inc.
- filed_at: 2025-12-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821806/000119312525305989/0001193125-25-305989-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821806/000119312525305989/lesl-20251202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-305989
- JSON: https://secwatch.observer/filing/0001193125-25-305989.json
- Plain text: https://secwatch.observer/filing/0001193125-25-305989.txt

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