NASDAQ$LESL
Leslie's Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Leslie's Q4 2023 financial performance was impacted by multiple transitory headwinds, though brand awareness and customer loyalty remained strong.
Leslie's, Inc. reported a decrease in sales and profitability for the fourth quarter of fiscal 2023, with sales declining by 9.1% to $432.4 million and net income decreasing to $16.5 million. The company faced headwinds including decreased retail chemical pricing and inventory adjustments, but maintained high brand awareness and customer loyalty.
- Sales decreased by 9.1% to $432.4 million, with comparable sales down 11.0%.
- Net income was $16.5 million, a decrease from $57.9 million in the prior year period.
- Diluted earnings per share was $0.09, compared to $0.31 in the prior year period.
- Adjusted EBITDA was $59.5 million, down from $99.5 million in the prior year period.
Headline financials
Revenue & EPS history
Leslie's · Revenue · Quarterly
$432M
Forward guidance
The Company expects sales between $1,410 to $1,470 million, gross profit between $550 to $573 million, net income between $32 to $46 million, adjusted net income between $46 to $60 million, adjusted EBITDA between $170 to $190 million and adjusted diluted earnings per share between $0.25 to $0.33 for Fiscal Year 2024.
Tailwinds
- Sales between $1,410 to $1,470 million.
- Gross profit between $550 to $573 million.
- Net income between $32 to $46 million.
- Adjusted net income between $46 to $60 million.
- Adjusted EBITDA between $170 to $190 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 Q4 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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