Leslie's, Inc. (LESL) Misses Q3 EPS by 6c, Lowers FY Guidance

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Go back to Leslie's, Inc. (LESL) Misses Q3 EPS by 6c, Lowers FY Guidance

Leslie's, Inc. (LESL) Stock Tumbles as Guidance Disappoints

August 5, 2022 1:26 PM EDT

Leslie's, Inc. (NASDAQ: LESL) shares fell Friday after the company reported earnings missing analyst expectations on earnings, revenue and guidance.

The swimming pool supplies retailer posted fiscal third-quarter earnings of $0.68 per share, $0.06 worse than the analyst estimate of $0.74, while revenue for the quarter came in at $673.6 million below the consensus estimate of $696.45 million.

Leslie's said its performance during the quarter was impacted by execution issues at its Northeastern distribution center and product margin decreases associated... More