Quarterly ResultMay 13, 2026, 04:33 PM
Leslie's Q2 Sales +4.3% to $184.7M; Comparable Sales +6.6%; Adj. EBITDA improved
AI Summary
Leslie's, Inc. announced its second quarter fiscal 2026 financial results, reporting a 4.3% increase in sales to $184.7 million and a 6.6% rise in comparable sales. The company achieved 8% customer count growth year-over-year and saw gross margin expand to 28.9%. Despite an increased net loss, Adjusted EBITDA improved significantly to $(26.8) million from $(36.1) million in the prior year. Leslie's reiterated its full-year fiscal 2026 guidance, anticipating sales between $1,100 million and $1,250 million.
Key Highlights
- Q2 Sales increased 4.3% to $184.7 million.
- Q2 Comparable sales grew 6.6%.
- Customer count increased 8% year-over-year.
- Q2 Gross margin expanded to 28.9% from 24.8%.
- Q2 Adjusted EBITDA improved to $(26.8) million from $(36.1) million.
- Q2 Net loss increased to $(52.5) million.
- Full-year 2026 sales guidance reiterated at $1,100M to $1,250M.
- Inventories decreased 21.7% to $262.4 million.
Price Impact
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