The earnings call reflected challenges due to unfavorable weather, decreased store traffic, and competition leading to a significant sales decline. However, there were notable efforts in inventory reduction, cost optimization, and growth in Pro contracts. Despite these efforts, the negative impacts on sales and expected financial losses weigh heavily on the overall sentiment.

Company Guidance -

Q4 2025

During the Fiscal Third Quarter 2025 Earnings Conference Call, Leslie's provided guidance indicating significant challenges, with net sales down 12.2% compared to the prior year, largely due to cooler temperatures and increased precipitation affecting their key markets, resulting in a 12% decline in quarterly sales and an 11% reduction in residential traffic. The company reported net sales of $500 million and a gross profit of $197.9 million, with the gross margin declining by 62 basis points year-over-year. Leslie's increased its inventory reduction goal to at least $20 million lower than the prior year-end, aiming to improve cash flow and reduce debt. The call highlighted strategic initiatives to transform the business, including enhancing customer centricity, convenience, asset utilization, and cost optimization, while also addressing a heightened competitive environment. The company expects full-year sales of $1.210 billion to $1.235 billion, with a net loss of $57 million to $65 million and adjusted EBITDA of $50 million to $60 million.

Pro Partner Contracts Growth

The company surpassed its full-year goal for new Pro partner contracts, increasing total Pro partner contracts by 12% in the first three quarters compared to the prior year period.

Improved Conversion Rates

The conversion rate improved approximately 70 basis points versus the prior year period, and after a water test is performed in-store, the conversion rate increased by more than 550 basis points.

Inventory Reduction Achievements

Inventory was reduced by 9.6% versus the prior year period. The previous estimate for inventory reduction this year was increased by $5 million, now expecting to end the year at least $20 million lower than the prior year-end.

Cost Optimization Initiatives

The company identified savings in indirect procurement and is continuing to evaluate its entire asset base for further efficiency opportunities.

Leslie's (LESL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LESL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 02, 2025	2025 (Q4)	0.08 / -	0.02	―	―	―
Aug 06, 2025	2025 (Q3)	0.26 / 0.20	0.34	-41.18% (-0.14)	―
May 08, 2025	2025 (Q2)	-0.24 / -0.25	-0.17	-47.06% (-0.08)	―
Feb 06, 2025	2025 (Q1)	-0.21 / -0.22	-0.2	-10.00% (-0.02)
Nov 25, 2024	2024 (Q4)	0.11 / 0.02	0.14	-85.71% (-0.12)	―
Aug 07, 2024	2024 (Q3)	0.33 / 0.34	0.41	-17.07% (-0.07)
May 08, 2024	2024 (Q2)	-0.18 / -0.17	-0.14	-21.43% (-0.03)
Feb 01, 2024	2024 (Q1)	-0.21 / -0.20	-0.14	-42.86% (-0.06)
Nov 28, 2023	2023 (Q4)	0.16 / 0.14	0.35	-60.00% (-0.21)
Aug 02, 2023	2023 (Q3)	0.40 / 0.41	0.68	-39.71% (-0.27)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LESL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$0.36	$0.30	-16.67%
May 08, 2025	$0.70	$0.73	+4.29%
Feb 06, 2025	$2.24	$1.64	-26.79%
Nov 25, 2024	$3.51	$2.45	-30.20%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Leslie's (LESL) report earnings?

Leslie's (LESL) is schdueled to report earning on Dec 02, 2025, Before Open (Confirmed).

What is Leslie's (LESL) earnings time?

Leslie's (LESL) earnings time is at Dec 02, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LESL EPS forecast?

LESL EPS forecast for the fiscal quarter 2025 (Q4) is 0.08.

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