---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-054814"
form_type: "8-K"
ticker: "LESL"
cik: "0001821806"
company_name: "Leslie's, Inc."
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:30:58.927558+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Leslie's Q1 net loss widens to $83M; 80 stores closed, FY guidance reiterated

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-054814
- form_type: 8-K
- ticker: LESL
- cik: 0001821806
- company_name: Leslie's, Inc.
- filed_at: 2026-02-17T23:59:59+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/1821806/000119312526054814/0001193125-26-054814-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821806/000119312526054814/lesl-20260217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-054814
- JSON: https://secwatch.observer/filing/0001193125-26-054814.json
- Plain text: https://secwatch.observer/filing/0001193125-26-054814.txt

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