NASDAQ$LESL
Leslie's Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Leslie's Q3 2023 financial results were announced, revealing a decrease in sales and profitability due to unfavorable weather, increased consumer price sensitivity, and elevated chemical levels in pools from the previous year.
Leslie's Inc. reported Q3 2023 financial results with sales decreasing by 9.3% to $610.9 million compared to the prior year period. Net income was $72.5 million, and diluted earnings per share was $0.39. The company faced challenges due to unfavorable weather, increased consumer price sensitivity, and elevated chemical levels in pools from the previous year.
- Sales decreased by 9.3% to $610.9 million compared to the prior year period.
- Net income was $72.5 million compared to $123.0 million in the prior year period.
- Diluted earnings per share was $0.39 compared to $0.67 in the prior year period.
- Adjusted EBITDA was $129.0 million compared to $182.9 million in the prior year period.
Headline financials
Revenue & EPS history
Leslie's · Revenue · Quarterly
$611M
Forward guidance
The Company continues to expect the following for the full year of Fiscal 2023 consistent with the Company’s update on July 13, 2023:
Tailwinds
- Sales $1,430 to $1,450 million
- Gross profit $549 to $559 million
- Net income $33 to $40 million
- Adjusted net income $52 to $59 million
- Adjusted EBITDA $170 to $180 million
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 Q3 2023
-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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