Slide 1: Leslie's, Inc. Announces Second Quarter 2026 Financial Results
Leslie’s, Inc. Announces Second Quarter 2026 Financial Results Sales increase of 4.3% and Comparable sales increase of 6.6% Achieved 8% customer count growth year-over-year Company reiterates full year guidance PHOENIX – May 13, 2026 – Leslie’s, Inc. (NASDAQ: LESL), the largest and most trusted dire
Slide 2: Fiscal Six Months Ended April 4, 2026 Results
Fiscal Six Months Ended April 4, 2026 Results • Sales were $331.9 million, a decrease of 5.8% compared to $352.4 million in the prior year period. Comparable sales decreased 4.5%. • Gross profit was $80.4 million, a decrease of 12.3% compared to $91.7 million in the prior year period. Gross margin d
Slide 3: About Leslie's
About Leslie’s Founded in 1963, Leslie’s is the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential consumers and pool professionals nationwide. The company serves the aftermarket needs of residential and professional consumers with an extensi
Slide 4: Adjusted Net Loss and Adjusted Diluted Loss per Share
Adjusted Net Loss and Adjusted Diluted Loss per Share Adjusted net loss and Adjusted diluted loss per share are additional key measures used by management and our board of directors to assess our financial performance. Adjusted net loss and Adjusted diluted loss per share are also frequently used by
Slide 5: Forward-Looking Statements
• our ability to timely service, pay off or refinance existing debt and incur additional debt on terms and at rates acceptable to us; • our ability to obtain additional capital to finance operations; • commodity price inflation and deflation, including volatility in the price of oil; • impacts on ou
Slide 6: Consolidated Statements of Operations
Consolidated Statements of Operations (Amounts in thousands, except per share amounts) Three Months Ended Six Month Ended April 4, 2026 March 29, 2025 April 4, 2026 March 29, 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Sales $ 184,744 $ 177,134 $ 331,872 $ 352,362 Cost of merchandise and se
Slide 7: Consolidated Balance Sheets
Consolidated Balance Sheets (Amounts in thousands, except share and per share amounts) April 4, 2026 October 4, 2025 March 29, 2025 Assets (Unaudited) (Audited) (Unaudited) Current assets Cash and cash equivalents $ 16,919 $ 64,340 $ 17,252 Accounts and other receivables, net 22,783 23,217 32,036 In
Slide 8: Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows (Amounts in thousands) Six Month Ended April 4, 2026 March 29, 2025 (Unaudited) (Unaudited) Operating Activities Net loss $ (135,468 ) $ (95,884 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 15,400 16
Slide 9: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation (Amounts in thousands except per share amounts) Three Months Ended Six Month Ended April 4, 2026 March 29, 2025 April 4, 2026 March 29, 2025 (Unaudited) (Unaudited) (Unaudited) (Audited) Net loss $ (52,497 ) $ (51,320 ) $ (135,468 ) $ (95,884 ) Interest expense 14,364