The chart below shows how LESL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LESL sees a -6.30% change in stock price 10 days leading up to the earnings, and a -6.05% change 10 days following the report. On the earnings day itself, the stock moves by +0.37%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Positive Revenue Trend: Revenue of $175 million, up 0.7% compared to Q1 2024, indicating a positive sales trend.
Pro Pool Sales Growth: Pro Pool sales increased by 9%, demonstrating strong growth in this segment.
Core Chemical Sales Increase: Core chemical sales rose approximately 4%, driven by improved in-stock levels and positive unit volumes.
Inventory Management Success: Inventory levels decreased by $63 million or 19% year-over-year, reflecting effective inventory management and cost control.
Cash Increase and Debt Reduction: Cash and cash equivalents increased to $12 million from $8 million year-over-year, alongside a $27 million reduction in debt, enhancing financial stability.
Negative
EBITDA Loss Decline: Leslie’s, Inc. reported an adjusted EBITDA loss of $29 million, which is a decline from a loss of $24 million in the same period last year, indicating worsening operational performance.
Gross Profit Decline: The company experienced a gross profit decrease to $48 million from $50 million year-over-year, with a gross margin rate decline of 180 basis points to 27.2%, primarily due to inventory optimization costs.
Increased Adjusted Net Loss: Adjusted net loss increased to $41 million compared to a loss of $37 million in the same period last year, reflecting deteriorating financial health.
Q2 Fiscal 2025 Sales Outlook: Sales guidance for the second quarter of fiscal 2025 indicates a potential decline of up to 5% year-over-year, suggesting ongoing challenges in revenue generation.
Adjusted EBITDA Loss Forecast: The company anticipates an adjusted EBITDA loss of $38 million to $33 million for the second quarter, which reflects a lower gross margin rate and increased professional fees, indicating continued financial strain.
Leslie’s, Inc. (NASDAQ:LESL) Q1 2025 Earnings Call Transcript
LESL.O
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