Leslie's Q3 2025: Mixed Results, Stock Drops
Update: 2025-12-02
Description
Leslies Q3 2025 Earnings: Mixed Results Lead to Stock DropLeslies, the pool products retailer, reported Q3 2025 earnings, beating revenue expectations but seeing a significant stock drop of 14.5%. Sales decreased by 2.2% to $389.2 million, and full-year revenue forecast was 4.4% below analyst predictions. Non-GAAP profit of $0.09 per share was 93.1% lower than estimates. CEO Jason McDonell announced plans to close 80-90 underperforming stores and a distribution center, focusing on efficiency over expansion. Same-store sales fell by 6.5% year over year, and the company reduced its operating locations to 1,000 from 1,021 in the prior year.
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