earnings
confidence high
sentiment negative
materiality 0.85
Leslie's Q1 net loss widens to $83M; 80 stores closed, FY guidance reiterated
Leslie's, Inc.
2026-Q1 EPS
reported -$8.92
vs consensus -$4.60
▼ miss
(-94.0%)
- Q1 sales $147.1M, down 16% YoY; comparable sales declined 15.5%.
- Net loss of $83.0M ($8.92 diluted loss per share) vs $44.6M loss last year.
- Closed 80 underperforming stores; recorded $10.1M non-cash impairment.
- Inventory reduced 22.5% YoY to $210M; total liquidity $128.3M.
- FY 2026 outlook reaffirmed: sales $1.10B-$1.25B, Adj. EBITDA $55M-$75M.