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Leslie's regains Nasdaq compliance for minimum market value of publicly held shares
Received Nasdaq deficiency on Feb 11, 2026 for failing to maintain $15M MVPHS per Rule 5450(b)(3)(C).
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Leslie's Q2 sales up 4.3%, adjusted EBITDA improves to -$26.8M, reiterates FY guidance
Revenue $184.7M (+4.3% YoY); comparable sales +6.6%; customer count +8%.
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Leslie's shareholder meeting: directors elected, supermajority removal fails, incentive plan approved
Elected Class II directors Seth Estep, Lorna Nagler, John Strain and Class III director John Hartmann.
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Leslie's Q1 net loss widens to $83M; 80 stores closed, FY guidance reiterated
Q1 sales $147.1M, down 16% YoY; comparable sales declined 15.5%.
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Leslie's dismisses EY, appoints Grant Thornton as auditor; EY flagged material weaknesses in controls
Audit committee dismissed EY effective after Q1 FY2026 interim review; appointed Grant Thornton for FY2026.
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Leslie's expands board to nine; appoints John Hartmann as independent director
Board increased from eight to nine members; Hartmann appointed Class III director effective Jan 7, 2026.
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Leslie's reports FY2025 net loss of $237M; to close 80-90 stores, one DC
Q4 sales $389.2M (-2.2% YoY); comparable sales -6.5%; adjusted EBITDA $45.2M above guidance.
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Leslie's reports Q4 net loss of $163M, goodwill impairment $181M, announces closure of 80-90 stores
Q4 sales $389.2M (-2.2% YoY), adjusted EBITDA $45.2M, net loss $(162.8)M.
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Leslie's regains Nasdaq compliance on minimum bid price requirement
Nasdaq confirmed compliance with minimum bid price rule; stock closed above $1.00 for 10 consecutive days (Sept 29 - Oct 13).
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Leslie's executes 1-for-20 reverse stock split; shares outstanding drop to ~9.3M
Reverse stock split effective Sept 26, 2025; adjusted trading begins Sept 29 on Nasdaq under LESL.
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Leslie's delays reverse stock split effective date to Sept 26, 2025
Reverse stock split ratio 1-for-20; effective date changed from Sept 25 to after close on Sept 26.
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Leslie's names Jeff White as CFO effective Oct 5; Tony Iskander stays as advisor
Jeff White appointed CFO & Treasurer, starting Oct 5, 2025; base salary $575,000, target bonus 85%.
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Leslie's shareholders approve 1-for-20 reverse stock split; effective Sept 25
Shareholders approved reverse split at ratios up to 1-for-30; board set final ratio at 1-for-20.
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Leslie's Interim CFO Tony Iskander to step down on Oct 4, 2025
Tony Iskander notified Leslie's of his resignation as Interim CFO and Treasurer effective Oct 4, 2025 or earlier upon naming a new CFO.
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Leslie's Q3 sales $500.3M (-12%), net income $21.7M; sees FY net loss $57M-$65M
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).
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Leslie's Q3 preliminary net sales ~$500M (down 12% YoY); withdraws FY guidance
Net sales ~$500M, down ~12% YoY; net income $20-22M; diluted EPS $0.11-$0.12.
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Leslie's appoints Amy College as Chief Merchandising & Supply Chain Officer; predecessor departs
Amy College named Chief Merchandising & Supply Chain Officer effective July 20, 2025.
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Leslie's Q2 net loss widens to $51.3M; sales fall 6.1%; reaffirms FY guidance
Sales $177.1M, down 6.1% YoY; comparable sales down 6.7%.
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Leslie's receives Nasdaq notice of non-compliance with minimum bid price rule
Received Nasdaq notice on April 24, 2025 due to bid price below $1.00 for 30 consecutive business days.
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Leslie's shareholders approve director removal without cause from 2027, officer exculpation
Shareholders approved removal of directors with or without cause effective at 2027 annual meeting (150.7M for, 1.5M against).
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Leslie's appoints interim CFO, promotes Cramer; CFO Bowman departs
Tony Iskander named Interim CFO & Treasurer effective March 14, 2025; annual salary $550K plus $34,375/mo bonus.
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Leslie's Q1 FY2025 net loss widens to $44.6M; guides FY sales $1.30-1.37B
Sales $175.2M (+0.7% YoY); first comparable store sales gain in two years at +0.2%.
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Leslie's Q4 net loss $9.9M; Q1 FY2025 guided to $169-176M sales with adj. EBITDA loss
Q4 sales $397.9M (-8.0% YoY); comparable sales -8.3%; net loss $9.9M vs $16.5M income a year ago.
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Leslie's appoints Jason McDonell as CEO; Michael Egeck departs, FY2024 outlook reaffirmed
Jason McDonell named CEO, effective Sept 9, 2024; previously EVP at Advance Auto Parts and 21-year PepsiCo veteran.
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Leslie's adopts amended bylaws updating stockholder proposal and nomination procedures
Revised procedural mechanics and disclosure requirements for stockholder proposals and director nominations.
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Leslie's Q3 sales fall 6.8% to $569.6M; net income drops to $60.7M from $72.5M
Comparable sales down 7.0% YoY; gross margin contracted to 40.2% from 41.2%.
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Leslie's reports preliminary Q3 sales ~$570M; cuts FY2024 outlook to near break-even
Preliminary Q3 net income $56-58M (adj. EPS $0.32-0.33); gross margin ~40%.
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Leslie's appoints Lorna Nagler to board, expanding size to eight directors
Board increased from 7 to 8; Nagler elected effective June 19, 2024 as Class II director.
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Leslie's appoints Maile Naylor to board, replacing Eric Kufel
Eric Kufel resigned effective May 15, 2024 to focus on Chairman/CEO role at JustFoodForDogs; no disagreement with Leslie's.