Highest-materiality recent filing
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).
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%.
Elected Class II directors Seth Estep, Lorna Nagler, John Strain and Class III director John Hartmann.
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%.
Audit committee dismissed EY effective after Q1 FY2026 interim review; appointed Grant Thornton for FY2026.
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.
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.
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.
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).
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.
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.
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%.
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.
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.
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).
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.
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.
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%.
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.
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).
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.
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%.
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.
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.
Leslie's adopts amended bylaws updating stockholder proposal and nomination procedures
Revised procedural mechanics and disclosure requirements for stockholder proposals and director nominations.
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%.
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%.
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.
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.
Leslie's Q2 FY2024 sales down 11.4% to $188.7M; net loss of $34.6M; reaffirms FY outlook
Sales $188.7M (-11.4% YoY); comparable sales -12.1%; gross margin 28.8% vs 33.4% a year ago.
Leslie's amends credit agreement, extends revolver to 2029; legal officer resigns
Amended Revolving Credit Facility maturity extended to April 3, 2029; margin on Term SOFR and base rate loans revised.
Shareholders approve amended omnibus incentive plan authorizing up to 14.9M shares
Shareholders approved Leslie's Amended & Restated 2020 Omnibus Incentive Plan, authorizing up to 14,903,552 shares less pre-Restatement grants.
Leslie's Q1 sales $174M (-10.8% YoY), net loss $39.6M; reaffirms FY2024 outlook
Net loss of $39.6M vs $30.3M loss YoY; diluted EPS $(0.21) vs $(0.16).
Chairman Steven L. Ortega will not stand for re-election and retires at the March 2024 annual meeting after nearly 20 years with the company.
Leslie's Q4 net income $16.5M, sales down 9.1%; FY2024 sales guidance $1.41-1.47B
Q4 sales $432.4M, down 9.1% YoY; net income $16.5M vs $57.9M; adjusted EPS $0.14 vs $0.35.
Leslie's Appoints Seth Estep to Board of Directors, Expanding Board to Nine
Board increased from eight to nine members; Seth Estep elected effective November 14, 2023.
Leslie's CRO Paula Baker departs effective Sept 19 as part of management reorganization
Paula Baker ceases as Chief Revenue Officer effective September 19, 2023; will remain employee through December 15, 2023.
Leslie's Q3 sales fall 9.3%, EPS $0.39 vs $0.67; reaffirms lowered FY guidance
Sales $610.9M, -9.3% YoY; comparable sales -11.8% on double-digit traffic declines.
Preliminary Q3 net sales $611M, -12% comp; gross margin ~41% ($249-251M).
Leslie's amends term loan to replace LIBOR with Term SOFR rate benchmark
Amendment replaces LIBOR with Term SOFR plus adjustments: 0.11448% (1-mo), 0.26161% (3-mo), 0.42826% (6-mo).
Leslie's Q2 sales down 6.7% to $212.8M; net loss $(31.5) million
Comparable sales declined 13.5% YoY, driven by normalizing seasonal patterns and adverse weather.
Leslie's upsizes revolver by $50M to $250M, swaps LIBOR for Term SOFR
Amendment No. 6 to Credit Agreement dated March 15, 2023 increases revolving commitments by $50M to $250M aggregate.
Leslie's shareholders approve board declassification, elect directors
Shareholders approved declassification of Board via adoption of Sixth Amended and Restated Certificate of Incorporation with 162.2M for, 98.6K against.
Leslie's Q1 FY2023 net loss $(0.16)/share; sales up 5.6% to $195.1M, comps down 4.0%
Record Q1 sales of $195.1M (+5.6% YoY); comparable sales declined 4.0% blamed on weather.
Leslie's directors Magliacano and Kozlak to exit; board to shrink from 10 to 8
Marc Magliacano to resign as director at end of 2023 Annual Meeting (March 16, 2023); cites no disagreement.
Leslie's Q4 net income +30.1% to $57.9M; FY2023 guidance below prior year levels
Q4 sales $475.6M (+16.3% YoY); comparable sales +10.2%.
Leslie's Q3 sales up 12.9% to $673.6M; cuts FY2022 guidance on distribution issues
Q3 diluted EPS $0.67 ($0.68 adjusted) vs. $0.61 prior year; net income $123.0M.
Leslie's expands board to 10, appoints Claire Spofford as director
Board increased from 9 to 10 members; Claire Spofford elected effective May 18, 2022.
Leslie's Q2 sales up 18.5% to $228.1M, raises FY2022 outlook
Record Q2 sales of $228.1M, up 18.5% YoY; comparable sales +13.3%.
Leslie's shareholders elect Class I directors; board to consider classified board sunset
Class I directors Michael R. Egeck, Yolanda Daniel, and Eric Kufel elected to three-year terms.
On March 17, 2025, the Company announced that Scott Bowman, Chief Financial Officer and Treasurer (and, in such capacities, principal financial officer and principal accounting officer) of the Company, departed from the Company, effective March 14, 2025.
On March 17, 2025, Leslie’s, Inc. (the “Company”) announced that the Board of Directors of the Company (the “Board”) appointed Tony Iskander, age 51, as the Company’s Interim Chief Financial Officer and Treasurer, effective as of March 14, 2025 (in which capacity he will serve as the Company’s principal financial officer and principal accounting officer).
On March 17, 2025, the Company announced that the Board promoted Naomi Cramer, the Company’s current Chief People Officer, to the position of Chief Retail Operations and Talent Officer, a new role expected to, among other things, combine the respective duties of the Company’s Chief People Officer and Chief Stores Officer.
appointed Jason McDonell, age 50, as the Chief Executive Officer of the Company (in which capacity he will serve as the Company’s principal executive officer), and as a director of the Company, in each case effective as of September 9, 2024
Michael R. Egeck, the Company’s Chief Executive Officer, departed from the Company and resi
elected Lorna Nagler to the Board, effective June 19, 2024.
Eric Kufel, notified the Company of his resignation as a director of the Company, effective as of May 15, 2024.
On May 15, 2024, the Board of Directors (the “Board”) of Leslie’s, Inc. (the “Company”) elected Maile (Clark) Naylor to the Board, effective May 15, 2024.
Brad Gazaway will be stepping down from his position as Chief Legal, Real Estate & Sustainability Officer & Corporate Secretary of the Company effective April 16, 2024
James Ray, Jr., notified the Company of his resignation as a director of the Company, effective as of December 18, 2023, following his appointment as Chief Executive Officer and a member of the Board of Directors of Commercial Vehicle Group, Inc.
Steven L. Ortega notified the Company of his intention to not stand for re-election and retire as Chairman of the Company’s Board of Directors (the “Board”) at the expiration of his term at the Company’s 2024 Annual Meeting of Shareholders currently scheduled for March 15, 2024.
On October 18, 2023, the Board of Directors (the “Board”) of Leslie’s, Inc. (the “Company”) increased the size of the Board from eight to nine members and elected Seth Estep to the Board, effective November 14, 2023.
Max materiality 0.85 · Median 0.65 · Most common event earnings