Leslie's, Inc. (LESL)

From the record

Leslie's, Inc.'s filings since 2020 show 8 warning events of 4 kinds: a bankruptcy or receivership notice (8-K item 1.03, 3 times, the latest 2026-10-22); a debt default or acceleration notice (8-K item 2.04, the latest 2026-09-30); a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2026-10-05); an auditor change (8-K item 4.01, the latest 2026-01-30) (its current reports).

From the record

Leslie's, Inc.'s 7 filed years say what it did: revenue went from $928 million in fiscal 2019 to $1.2 billion in fiscal 2025, up 5% a year; it rose in 3 of 6 years; the deepest fall was 20% from fiscal 2022 to fiscal 2025; net income was positive in 5 of 7 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-10-04, Leslie's, Inc.'s diluted share count shrank about 0.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-07 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-10-04, Leslie's, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 59 cents per dollar of everything the company owns. Leverage: it owed about 155 cents per dollar of assets, and net share issuance: its share count grew 0.4% over the year (the filed statements).

From the record

Leslie's, Inc.'s standing among 17 graded names in its industry family: revenue of $1.2 billion in fiscal 2025 ranks in the bottom 38% by size; a net margin of -19.1% ranks in the bottom 21%; revenue growth of -7.3% a year over the last 3 filed years ranks in the bottom 26% (its annual reports).

From the record

Leslie's, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mcdonell, Jason (Chief Executive Officer, as filed), filing under that title since 2024-09-10, 2.2 years (top 44% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 2.6 years (bottom 17%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 17%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Leslie's, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $64 million against debt of $757 million leaves -93.4% of its assets as net cash, bottom 8% of its family; cash from operations less capital spending is -1.3% of revenue (bottom 44%); a gross margin of 35.4% (bottom 37%) (its annual report).

From the record

Leslie's, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -7.3% a year over the last three filed years against 5% over all 7, slowing (bottom 21% of its family); the newest year grew -6.5% (bottom 38%); capital spending grew -7% a year (top 47%) (its annual reports). Leslie's, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Leslie's, Inc.'s newest year against its own record: revenue of $1.2 billion in fiscal 2025 came in 1.2% above the $1.2 billion its prior three years' pace pointed to (bottom 37% of its family); net income of $237 million against a prior three-year average of $54 million (bottom 3%); a net margin of -19.1% against 3.4% before (bottom 3%) (its annual reports).