NASDAQ$LESL

Leslie's Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Leslie's reported fiscal Q2 2026 sales of $184.7M with a net loss of $52.5M in the off-season quarter.

For the fiscal second quarter ended April 4, 2026, Leslie's reported sales of $184.7 million versus $177.1 million a year ago. Gross profit was $53.3 million. Net loss was $52.5 million ($5.63 basic loss per share) versus $51.3 million in the prior-year quarter, reflecting seasonal SG&A and impairment dynamics in the pool industry's slow season.

  • Sales $184.7M (+4% YoY) ahead of peak season.
  • Gross profit $53.3M; net loss $52.5M typical for fiscal Q2.
  • SG&A $92.2M; impairment credit $1.2M in the quarter.
  • Highly seasonal model with profits concentrated in fiscal Q3/Q4.

Headline financials

Total Revenue

$185M

Previous: $177M+4.3%
EPS (adj)

-$5.63

Previous: -$0.25-2152.0%
Capital Expenditures

-$9.53M

Previous: -$11.2M+15.0%
Net Income

-$52.5M

Previous: -$51.3M-2.3%
Operating Income

-$37.7M

Previous: -$48.4M+22.1%
Gross Profit

$53.3M

Previous: $43.9M+21.4%

Revenue & EPS history

Leslie's · Revenue · Quarterly

$185M

Q2 2026+4.3%vs Q2 2025
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Management reiterates seasonal pattern: earnings weighted to fiscal Q3–Q4; no numeric full-year EPS in interim 10-Q.

Tailwinds

  • Modest sales growth entering peak pool season.
  • Gross profit up year over year.

Headwinds

  • Large off-season net loss and negative operating cash flow.
  • Interest expense remains material at $14.4M in the quarter.

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 Q2 2026

Historical avgQ2 2026

-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

Earnings price reactions
QuarterReport dateReaction (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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