Leslie's, Inc. (LESL) Reports Q1 Loss, Tops Revenue Estimates

Core Viewpoint - Leslie's, Inc. reported a quarterly loss of $0.22 per share, slightly worse than the Zacks Consensus Estimate of a loss of $0.21, and compared to a loss of $0.20 per share a year ago, indicating a negative earnings surprise of -4.76% [1] Financial Performance - The company posted revenues of $175.23 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.68%, and showing a year-over-year increase from $173.96 million [2] - Over the last four quarters, Leslie's has only surpassed consensus EPS estimates once [2] Stock Performance and Outlook - Leslie's shares have declined approximately 0.5% since the beginning of the year, while the S&P 500 has gained 3.1% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.17 on revenues of $190.42 million, and for the current fiscal year, it is $0.12 on revenues of $1.37 billion [7] Industry Context - The Consumer Products - Staples industry, to which Leslie's belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]