Leslie's, Inc. (NASDAQ: LESL) reported Q1 EPS of ($0.06), $0.05 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $145 million versus the consensus estimate of $141.23 million.

Mike Egeck, Chief Executive Officer, commented, “Our record fiscal Q1 results exceeded our internal expectations on both the top and the bottom line. This strong performance continues to be driven by the three unique pillars that make our business so compelling, namely; the recurring and non-discretionary nature of demand in our industry, the competitive advantages of our integrated ecosystem of physical and digital assets, and the significant whitespace opportunities we are addressing with our multi-pronged growth strategy.”

“The first quarter is seasonally our lowest volume period, and although we are very pleased with the strong start to the year, as evidenced by the increase in our full year outlook, our entire organization remains focused on the execution of our growth initiatives for pool season 2021 and delivering on our financial and operational goals,” Mr. Egeck concluded.

GUIDANCE:

Leslie's, Inc. sees FY2021 EPS of $0.55-$0.60, versus the consensus of $0.54. Leslie's, Inc. sees FY2021 revenue of $1.175-1.195 million, versus the consensus of $1.17 million.

For earnings history and earnings-related data on Leslie's, Inc. (LESL) click here.