NASDAQ$LESL
Leslie's Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Leslie's Q3 2024 financial results were impacted by a cold and wet start to the pool season and weakness in discretionary product sales.
Leslie's, Inc. reported sales of $569.6 million and net income of $60.7 million for the third quarter of fiscal 2024. The results were impacted by a cold and wet start to the pool season and continued weakness in discretionary product sales.
- Sales were $569.6 million, a decrease of 6.8% compared to the prior year period.
- Net income was $60.7 million, compared to $72.5 million in the prior year period.
- Diluted earnings per share was $0.33, compared to $0.39 in the prior year period.
- Cash and cash equivalents totaled $74.4 million as of June 29, 2024, an increase of $55.0 million compared to July 1, 2023.
Headline financials
Revenue & EPS history
Leslie's · Revenue · Quarterly
$570M
Forward guidance
The Company has reaffirmed its outlook for the full year of fiscal 2024 consistent with the Company’s update on July 17, 2024:
Tailwinds
- Sales $1,321 to $1,347 million
- Gross profit $483 to $499 million
- Net income (loss) ($5) to $6 million
- Adjusted net income $5 to $16 million
- Adjusted EBITDA $117 to $131 million
Headwinds
- Adjusted diluted earnings per share $0.03 to $0.09
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 2024
-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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