Leslie (LESL) drops 12% on preliminary results, slashed guidance

July 17, 2024 4:10 PM EDT
(Updated - July 17, 2024 4:13 PM EDT)

Leslie's, Inc. (NASDAQ: LESL) shares are down 12% after the company announced preliminary Q2 results.

The Company expects preliminary sales for the fiscal third quarter of approximately $570 million, versus the consensus of $615.4 million.

Adjusted diluted earnings per share are expected to be $0.32 to $0.33, versus the consensus of $0.42.

Sees sales $1.32 billion to $1.35 billion, saw $1.41 billion to $1.47 billion, estimate $1.42 billion.
Sees adjusted EPS 3.0c to 9.0c, saw 25c to 33c, estimate 28c



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