Q3 25 EPS
$0.20
MISS 1.96%
Est. $0.20
Q3 25 Revenue
$500.3M
MISS 0.03%
Est. $500.5M
vs S&P Since Q3 25
+6.8%
BEATING MARKET
LESL +22.8% vs S&P +16.0%
Market Reaction
Did LESL Beat Earnings? Q3 2025 Results
Leslie's delivered a disappointing fiscal third quarter, missing on both the top and bottom lines during what should have been its strongest selling period of the year. The pool products retailer posted earnings of $0.20 per share, falling short of t… Read more Leslie's delivered a disappointing fiscal third quarter, missing on both the top and bottom lines during what should have been its strongest selling period of the year. The pool products retailer posted earnings of $0.20 per share, falling short of the $0.20 consensus estimate by 1.96%, while revenue of $500.35 million came in just below the $0.50 billion consensus and represented a steep 12.2% decline from the prior year. The primary culprit was well-documented: unusually wet and cool weather across key markets compressed the peak pool season into a narrower window, amplifying the impact of softer demand and competitive pricing pressure, and shares sank roughly 25% in response. Comparable sales dropped 12.4%, gross margin contracted 60 basis points to 39.6%, and net income collapsed to $21.73 million from $60.65 million a year earlier. Looking ahead, Leslie's now expects full-year sales of $1.21 billion to $1.24 billion and an adjusted net loss of $31 million to $39 million, underscoring the urgency of its ongoing strategic and operational review.
Key Takeaways
- • Significant weather headwinds during peak selling season
- • Competitive pricing dynamics magnified in compressed demand period
- • Comparable sales decreased 12.4%
- • Reduced store traffic and softer demand
- • Gross margin declined 60 basis points to 39.6%
LESL YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
“As we announced last month in our preliminary financial results, our results were below expectations in the fiscal third quarter. Against a challenging backdrop in what is normally our peak selling season of the year, we faced significant headwinds from weather in addition to competitive pricing dynamics that were magnified in a compressed demand period.”
— Jason McDonell, Q3 2025 Earnings Press Release
LESL Earnings Trends
LESL vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
LESL EPS Trend
Earnings per share: estimate vs actual
LESL Revenue Trend
Quarterly revenue: estimate vs actual
LESL Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 MISS | $-4.41 | $-5.36 | -21.45% | $184.7M | +13.71% |
| Q1 26 MISS | $-4.24 | $-5.24 | -23.68% | $147.1M | -9.43% |
| Q4 25 MISS FY | $1.31 | $0.09 | -93.14% | $389.2M | +4.70% |
| FY Full Year | $-4.35 | $-4.70 | -7.98% | $1.24B | +1.45% |
| Q3 25 MISS | $0.20 | $0.20 | -1.96% | $500.3M | -0.03% |
| Q2 25 MISS | $-0.24 | $-0.25 | -4.17% | $177.1M | -4.25% |