Leslie’s, Inc. Announces Fourth Quarter & Fiscal 2023 Financial Results; Provides Fiscal 2024 Outlook

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Go back to Leslie’s, Inc. Announces Fourth Quarter & Fiscal 2023 Financial Results; Provides Fiscal 2024 Outlook

Leslie's, Inc. (LESL) earnings disappoint as industry faces multiple transitory headwinds

November 29, 2023 10:25 AM EST

Leslie's, Inc. (NASDAQ: LESL) shares plunged Wednesday after it reported its latest quarterly earnings, missing profit estimates but topping revenue expectations.

The swimming pool supplies retailer reported Q3 EPS of $0.14, $0.02 worse than the analyst estimate of $0.16. While revenue for the quarter came in at $432.4 million, topping the consensus estimate of $419.39 million, it came in 9.1% compared to the same period last year.

At the time of writing, LESL shares are down more than 20% from Tuesday's close.

The company said... More