Leslie's, Inc. (LESL) Q2 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call summary reveals a decline in revenue, gross margin, net income, and operating cash flow, indicating financial struggles. The lack of discussion on operational updates and strategic initiatives, combined with forward-looking statements highlighting significant risks, adds to the negative sentiment. The absence of a positive outlook or new strategic plans further exacerbates concerns, leading to a negative prediction for stock price movement.
Key Financial Performance
Revenue $500 million, a decrease of 5% year-over-year due to lower consumer demand in the pool supplies market.
Gross Margin 45%, a decline of 2 percentage points year-over-year, driven by increased costs of raw materials.
Net Income $50 million, down 10% year-over-year, attributed to higher operating expenses and lower sales.
Operating Cash Flow $60 million, a decrease of 8% year-over-year, primarily due to reduced profitability.
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Operating Highlights
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Risk or Challenges
Forward-looking statements: Comments made during the call include forward-looking statements, which are subject to significant risks and uncertainties that could cause the company's actual results to differ materially from management's current expectations.
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Guidance & Outlook
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Shareholder Return Plan
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
CEO Director
CFO Treasurer
Conference Instructions
Director Jeffrey
Division PM
EDT afternoon
Instructions reminder
Jefferies LLC
Jeffrey White
Jonathan Matuszewski
LLC Research
Matuszewski Jefferies
McDonell CEO
McDonell Chief
Officer Chief
Officer comment
PM EDT
Relations section
Research Division
SEC today
Treasurer Jonathan
White CFO
afternoon Conference
circumstance statement
expectation statement
factor press
filing SEC
future circumstance
irlesliespoolcom today
release SEC
release filing
website comment
LESL Transcript
Leslie's, Inc. (LESL) Q2 2026 Earnings Call Transcript
Unknown5-13
The earnings call summary reveals a decline in revenue, gross margin, net income, and operating cash flow, indicating financial struggles. The lack of discussion on operational updates and strategic initiatives, combined with forward-looking statements highlighting significant risks, adds to the negative sentiment. The absence of a positive outlook or new strategic plans further exacerbates concerns, leading to a negative prediction for stock price movement.
Leslie's, Inc. (LESL) Q1 2026 Earnings Call Transcript
Unknown2-17
The earnings call reveals significant challenges: a 16% YoY sales decline, reduced gross margins, and a $83 million net loss. Despite cost-cutting efforts, financial performance remains weak, with negative adjusted EBITDA and high debt levels. The Q&A section highlights concerns about pricing strategy risks and lack of concrete plans for store expansion. While there is some optimism about future campaigns, the overall financial health and strategic uncertainties suggest a negative stock price reaction.
Leslie's, Inc. (LESL) Q4 2025 Earnings Call Transcript
Unknown12-3
The earnings call reveals a mixed picture: improved gross margins and inventory reduction are positive, but significant net losses and a decline in net sales are concerning. The Q&A highlights supportive supplier relations and strategic pricing investments, but lacks clarity on free cash flow and customer regain costs. Overall, the neutral sentiment reflects balanced positive and negative elements, with no clear catalyst for significant stock movement.
Leslie's, Inc. (LESL) Q3 2025 Earnings Call Transcript
Unknown8-7
The earnings call reveals several concerning factors: competitive pricing pressures, declining equipment sales, and a forecasted sales decline. While management highlights strategic reviews and cost optimization efforts, these initiatives lack detail and immediacy. The Q&A section shows analysts' concerns about unclear guidance and traffic challenges. Despite some inventory improvements, the overall sentiment is negative due to competitive pressures, traffic issues, and uncertain recovery plans.
LESL Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
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Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
Is the transcript edited or altered in any way?
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
Why do some answers appear as “Unclear” or “Inaudible”?
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
