Leslie's, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 30, 2024
May 08, 2024 at 04:05 pm EDT
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Leslie's, Inc. reported earnings results for the second quarter and six months ended March 30, 2024. For the second quarter, the company reported sales was USD 188.66 million compared to USD 212.84 million a year ago. Net loss was USD 34.55 million compared to USD 31.53 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.17 a year ago.
For the six months, sales was USD 362.62 million compared to USD 407.95 million a year ago. Net loss was USD 74.11 million compared to USD 61.79 million a year ago. Basic loss per share from continuing operations was USD 0.4 compared to USD 0.34 a year ago. Diluted loss per share from continuing operations was USD 0.4 compared to USD 0.34 a year ago.
Leslie's, Inc. is a direct-to-consumer brand in the United States pool and spa care industry. The Company serves the aftermarket needs of residential and professional consumers with an assortment of essential pool and spa care products. More than 80% of its assortment is comprised of non-discretionary products essential to the care of residential and commercial pools and spas. The Company's assortment includes chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. It also offers essential services, such as equipment installation and repair for residential consumers and professional pool operators. The Company offers complimentary, commercial-grade in-store water testing and analysis via its AccuBlue system. It operates an integrated platform consisting of locations, distribution centers and e-commerce websites. The Company's portfolio of e-commerce websites includes Leslie's and In the Swim.
LESLIE'S, INC. 
