NASDAQ$LESL
Leslie's Inc · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Leslie's reported fiscal Q4 2025 sales of $389.2M with adjusted diluted EPS of $0.09 and adjusted EBITDA of $45.2M.
Fourth-quarter sales of $389.2 million exceeded guidance despite a 6.5% comparable sales decline. GAAP net loss was $162.8 million including $183.8 million of goodwill impairment; adjusted net income was $0.8 million and adjusted EBITDA rose to $45.2 million. The company plans to close 80–90 underperforming stores and a distribution center to improve FY26 profitability.
- Q4 sales $389.2M; adjusted EBITDA $45.2M beat guidance.
- Plans to close 80–90 stores and one DC in FY26.
- FY26 sales guide $1.10B–$1.25B; adjusted EBITDA $55M–$75M.
- Inventory down ~10% YoY; ~$168M available liquidity.
Headline financials
Revenue & EPS history
Leslie's · Revenue · Quarterly
$389M
Forward guidance
Leslie's guided fiscal 2026 sales of $1.10–$1.25 billion and adjusted EBITDA of $55–$75 million, reflecting store closures and cost actions.
Tailwinds
- Store and DC optimization expected to lift FY26 EBITDA.
- Q4 adjusted EBITDA beat prior guidance.
- Inventory efficiency improved ~10% YoY.
Headwinds
- Comparable sales declined 6.5% in Q4.
- Goodwill impairment drove large GAAP loss.
- Seasonal business weighted to second half of FY26.
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 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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro