Business
Leslie’s, Inc. Announces Second Quarter Fiscal 2025 Financial Results; Re-Affirms Full Year Guidance
PHOENIX, May 08, 2025 (GLOBE NEWSWIRE) -- Leslie’s, Inc. (NASDAQ: LESL), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, today announced its financial results for the second quarter of fiscal 2025. “I am proud of our team’s dedication, resiliency and customer first mindset as we move forward in our transformation journey. Our team remains focused on the fundamentals of our business to de
About this update from Leslie's, Inc.
[{"type":"image","alt":"Leslie’s Inc.","displaySize":"","headline":null,"caption":"Leslie’s Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/2e584f2f5fc7ec0da21a822616a374df"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TDdUpBvZ_6CjTZyUJFqAPg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/2e584f2f5fc7ec0da21a822616a374df","width":300,"height":300}},"lazy":false},{"type":"text","content":"PHOENIX, May 08, 2025 (GLOBE NEWSWIRE) -- Leslie’s, Inc. (NASDAQ: LESL), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, today announced its financial results for the second quarter of fiscal 2025.","length":307,"tagName":"p"},{"type":"text","content":"“I am proud of our team’s dedication, resiliency and customer first mindset as we move forward in our transformation journey. Our team remains focused on the fundamentals of our business to deliver progress against our strategic initiatives,” said Jason McDonell, Leslie’s chief executive officer. “During our second quarter, weather trends impacted traffic resulting in a slightly softer topline than planned. However, through swift action, we delivered adjusted EBITDA in line with our expectations.”","length":507,"tagName":"p"},{"type":"text","content":"Mr. McDonell continued, “In the quarter, we demonstrated our commitment to acting decisively and with urgency, including critical leadership changes, that we believe will help Leslie’s deliver sustainable profitable growth. Across the organization, we are focused on our key strategic themes including customer centricity, convenience and asset utilization and we are beginning to see early indicators of progress which we will discuss on our earnings call today. While we recognize we have significant work ahead of us, we remain steadfast in maximizing cash flow, reducing leverage and driving long-term value for our stakeholders.”","length":644,"tagName":"p"},{"type":"text","content":"Fiscal Second Quarter Ended March 29, 2025 Results","length":50,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sales were $177.1 million, a decrease of 6.1% compared to $188.7 million in the ...