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Leslie's, Inc. (LESL)
:LESL
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.24Last Year’s EPS
-0.17Same Quarter Last Year
Moderate Sell
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -33.93%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Leslie's strategic initiatives and improvements in inventory management and core chemical sales. However, financial losses and sales declines in certain segments present challenges. The sentiment is mixed with a cautious optimism for future improvements.Company Guidance
During the Fiscal First Quarter 2025 earnings call for Leslie's, Inc., management provided guidance focusing on strategic initiatives aimed at transformation and improving performance. The company's revenue reached $175 million, marking a 0.7% increase compared to the same period in 2024, with Pro Pool sales up 9% while residential pool and hot tub sales declined by 1% and 5%, respectively. The adjusted EBITDA was reported at a loss of $29 million, affected by inventory optimization and professional fees. Key performance indicators showed a positive shift, with traffic improving to flat, conversion rates increasing by over 160 basis points, and in-stock levels on top items improving by over 300 basis points. Looking forward, Leslie's aims to enhance customer centricity, convenience, and asset utilization through initiatives such as establishing local fulfillment centers and expanding pro customer services across its store footprint. The company also provided guidance for the second quarter and full fiscal year 2025, projecting sales between $1.3 billion and $1.37 billion, with a focus on maximizing free cash flow and reducing debt.Pro Pool Sales Growth
Pro Pool sales grew 9% year-over-year, driven by better in-stock positions and a double-digit increase in pro partner contracts.
Inventory Reduction and Optimization
Lowered overall inventory by $63 million or 19% compared to the prior year, with significant improvements in in-stock levels across most categories.
Core Chemical Sales Increase
Core chemical sales were up approximately 4%, with positive unit volumes, driven by improved in-stock positions.
Introduction of Local Fulfillment Centers (LFCs)
Establishing 26 local fulfillment centers to improve inventory depth and availability, enhancing customer service efficiency.
Debt Reduction
Paid down $27 million of debt in the quarter, with a focus on reducing overall debt and minimizing leverage.
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LESL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LESL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $2.24 | $1.64 | -26.79% |
| Nov 25, 2024 | $3.51 | $2.45 | -30.20% |
| Aug 07, 2024 | $2.76 | $3.16 | +14.49% |
| May 08, 2024 | $4.69 | $5.19 | +10.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Leslie's, Inc. (LESL) report earnings?
Leslie's, Inc. (LESL) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Leslie's, Inc. (LESL) earnings time?
Leslie's, Inc. (LESL) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LESL EPS forecast?
LESL EPS forecast for the fiscal quarter 2025 (Q2) is -0.24.
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