NASDAQ$LESL
Leslie's Inc · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
Leslie's, Inc. announced its first quarter fiscal 2025 financial results, reporting a slight increase in sales and a net loss, while providing an outlook for the second quarter and full fiscal year 2025.
Leslie's, Inc. reported first quarter fiscal 2025 sales of $175.2 million, a 0.7% increase year-over-year, and a net loss of $44.6 million. The company's Adjusted EBITDA was $(29.3) million, reflecting typical operational deleverage during the pool offseason and including transformational expenses.
- Sales increased by 0.7% to $175.2 million, reaching the top end of financial guidance.
- The company reported a net loss of $44.6 million, which is typical for the seasonal offseason.
- Adjusted EBITDA was $(29.3) million, at the lower end of guidance, impacted by transformational expenses.
- Diluted earnings per share were $(0.24), with Adjusted diluted earnings per share at $(0.22).
Headline financials
Revenue & EPS history
Leslie's · Revenue · Quarterly
$175M
Forward guidance
For the second quarter of fiscal 2025, Leslie's, Inc. anticipates sales between $179 million and $189 million, with a projected net loss ranging from $(47) million to $(44) million. The full year fiscal 2025 outlook projects sales between $1,304 million and $1,370 million, with an Adjusted EBITDA of $96 million to $116 million.
Tailwinds
- Expected sales growth for Q2 2025, with a range of $179 million to $189 million.
- Anticipated full year fiscal 2025 sales between $1,304 million and $1,370 million.
- Projected full year Adjusted EBITDA of $96 million to $116 million.
- Expected positive Adjusted diluted earnings per share for the full year, ranging from $(0.01) to $0.07.
- The company is focused on customer-centric transformation and strategic initiatives to drive positive change and prepare for the pool season.
Headwinds
- Expected net loss for Q2 2025, ranging from $(47) million to $(44) million.
- Anticipated Adjusted net loss for Q2 2025, ranging from $(46) million to $(42) million.
- Projected Adjusted EBITDA for Q2 2025 is negative, ranging from $(38) million to $(33) million.
- Expected diluted loss per share for Q2 2025, ranging from $(0.25) to $(0.23).
- The outlook includes expected higher occupancy costs, payroll and benefits, and transformational expenses.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
-3.5%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+14.4%
Avg return
30 days after
39%
9 / 23 earnings
Positive
+12.4%
Q4 2020
Best reaction
-26.8%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +12.1% | +80.4% | +490.2% | |
| Q1 2026 | -19.4% | -22.6% | -18.8% | |
| Q4 2025 | -21.4% | -22.9% | -51.7% | |
| Q2 2025 | +5.1% | +26.0% | +1.1% | |
| Q1 2025 | -26.8% | -25.0% | -54.0% | |
| Q4 2024 | -23.2% | -27.9% | -31.7% | |
| Q3 2024 | +4.3% | -2.0% | -1.7% | |
| Q2 2024 | +5.7% | +8.2% | +4.3% | |
| Q1 2024 | +4.3% | +13.6% | +16.2% | |
| Q4 2023 | -8.4% | -8.6% | +24.5% | |
| Q3 2023 | +6.4% | +7.0% | -0.3% | |
| Q2 2023 | -0.6% | +4.5% | -2.3% | |
| Q1 2023 | -7.4% | -20.4% | -20.7% | |
| Q4 2022 | -6.0% | -12.0% | -18.9% | |
| Q3 2022 | +3.7% | +0.8% | -9.6% | |
| Q2 2022 | -3.2% | -10.1% | -3.5% | |
| Q1 2022 | -7.6% | -6.7% | -4.5% | |
| Q4 2021 | -3.9% | -2.1% | +1.4% | |
| Q3 2020 | +10.6% | +10.0% | +8.2% | |
| Q3 2021 | -6.7% | +3.2% | +0.9% | |
| Q2 2021 | -6.1% | -4.6% | +2.5% | |
| Q1 2021 | -4.8% | -8.5% | -23.6% | |
| Q4 2020 | +12.4% | +19.5% | +22.3% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — |
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