Leslie's, Inc. (LESL) Q3 Earnings and Revenues Lag Estimates

Financial Performance - Leslie's, Inc. reported quarterly earnings of $0.2 per share, missing the Zacks Consensus Estimate of $0.21 per share, and down from $0.34 per share a year ago, representing an earnings surprise of -4.76% [1] - The company posted revenues of $500.35 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.06%, and down from $569.64 million year-over-year [2] - Over the last four quarters, Leslie's has not surpassed consensus EPS estimates and has topped consensus revenue estimates only once [2] Stock Performance - Leslie's shares have lost approximately 84.3% since the beginning of the year, contrasting with the S&P 500's gain of 7.1% [3] - The current Zacks Rank for Leslie's is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.11 on revenues of $391.24 million, and for the current fiscal year, it is -$0.16 on revenues of $1.24 billion [7] - The outlook for the Consumer Products - Staples industry, where Leslie's operates, is currently in the bottom 33% of over 250 Zacks industries, which may negatively impact stock performance [8] Industry Context - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors should monitor these revisions closely [5] - Another company in the same industry, BBB Foods, is expected to report a quarterly loss of $0.04 per share, with a significant year-over-year change of -123.5% [9]