Leslie's, Inc. filings document the company's pool and spa care retail business, operating results, public-company governance, and capital structure. Form 8-K reports cover quarterly financial results, strategic transformation disclosures, leadership and board changes, auditor changes, shareholder votes, Nasdaq listing compliance, and amendments affecting common stock.
Proxy materials describe director elections, executive compensation, auditor ratification, incentive-plan matters, and certificate-of-incorporation proposals. The filing record also documents completed capital-structure actions, including a reverse stock split and related changes to authorized shares, as well as internal-control disclosures tied to inventory and asset impairment processes.
Leslie’s, Inc. reported lower sales and margins but a strong quarterly profit alongside serious financial strain. For the three months ended July 4, 2026, sales were $458.5 million versus $500.3 million a year earlier and gross margin fell to 36.5% from 39.6%.
Net income for the quarter rose to $47.8 million from $21.7 million, boosted by a $17.5 million gain from a credit card interchange fee settlement and lower SG&A, while the nine‑month period showed a net loss of $87.7 million. Adjusted EBITDA for the nine months was $(11.4) million compared with $16.2 million in the prior year.
The balance sheet remains highly leveraged, with total long‑term debt of $786.7 million, stockholders’ deficit of $492.7 million, and cash of $45.9 million. Management states that these conditions, plus reliance on seasonal cash flows and upcoming debt obligations, raise substantial doubt about the company’s ability to continue as a going concern, and plans to pursue cost optimization, strategic initiatives, and potential balance‑sheet transactions, including addressing the Term Loan maturing March 9, 2028.
Leslie’s, Inc. reported fiscal third quarter 2026 results for the period ended July 4, 2026. Sales were $458.5 million, down from $500.3 million, with comparable sales down 6.2%. Gross margin declined to 36.5% from 39.6%. SG&A fell to $106.4 million from $129.6 million, reflecting cost-cutting efforts.
Net income for the quarter rose to $47.8 million from $21.7 million, or diluted EPS of $5.01 versus $2.34, aided in part by a $17.5 million legal settlement gain. However, Adjusted EBITDA declined to $55.7 million from $81.6 million, and adjusted diluted EPS was $3.96 versus $2.72.
For the first nine months, sales were $790.4 million versus $852.7 million, with a net loss of $87.7 million compared with a $74.2 million loss and Adjusted EBITDA of $(11.4) million versus $16.2 million. The company reported total liquidity of $207.1 million, is exploring strategic alternatives including potential deleveraging transactions, and withdrew its prior full-year 2026 outlook. Management’s forward-looking discussion highlights risks including liquidity, debt refinancing and the company’s ability to continue as a going concern.
Ariel Investments, LLC has filed an amended Schedule 13G indicating it no longer holds any reportable position in Leslie's Inc common stock. The firm reports beneficial ownership of 0 shares, representing 0.0% of the class, with no sole or shared voting or dispositive power.
Ariel states that its adviser clients have the right to receive dividends and sale proceeds for securities it manages, but none of these clients hold an economic interest of more than 5% of Leslie's common stock.
Ariel Investments, LLC reported beneficial ownership of 2,416,405 shares of Leslie's Inc common stock as of June 30, 2026, representing 25.8% of the class. Ariel has sole voting power over 2,350,873 shares and sole dispositive power over all 2,416,405 shares, with no shared voting or dispositive power.
Ariel's adviser clients are entitled to dividends and sale proceeds on these securities. Ariel Fund, a series of Ariel Investment Trust, owns 2,015,316 shares of Leslie's, which represents an economic interest in more than 5% of the common stock covered by this Schedule 13G/A.
Leslie's, Inc. reported a Schedule 13G showing Jane Street-related entities beneficially own 478,146 shares (5.1%) of common stock. The filing breaks ownership into Jane Street Capital, LLC: 323,922 shares (3.5%) and Jane Street Global Trading, LLC: 154,244 shares (1.7%).
The cover lists CUSIP 527064208 and the signatures are dated 06/25/2026.
Leslie’s, Inc. reports that it has regained compliance with Nasdaq listing requirements tied to the market value of its publicly held shares. The company received a letter from Nasdaq on May 29, 2026 confirming that it met the minimum $15,000,000 market value standard under Listing Rule 5450(b)(3)(C) for the period from May 14 to May 28, 2026. This resolves a prior February 11, 2026 notice that had given Leslie’s until August 10, 2026 to cure the deficiency, and Nasdaq has now closed the matter.
Leslie's, Inc. officer Benjamin Lindquist reported routine equity compensation activity. On May 23, 2026, Restricted Stock Units (RSUs) converted into 171 shares of common stock at an exercise price of $0.00 per share. To cover tax obligations, 59 shares of common stock were disposed of at $3.45 per share, a non-market tax-withholding transaction rather than an open-market sale.
Following these transactions, Lindquist directly held 1,699 shares of Leslie's common stock and 8,434 RSUs. The footnotes explain that each RSU converts into one share upon vesting, and that a recent RSU grant includes 343 RSUs scheduled to vest in equal installments on May 23, 2027 and May 23, 2028, subject to continued service.
Leslie's, Inc. reporting persons Lee William Baxter and Andrew Storm (a group) disclose combined beneficial ownership of 470,000 shares, representing 5.02% of the class.
The filing lists individual holdings of 306,000 shares (Lee William Baxter, 3.3%) and 164,000 shares (Andrew Storm, 1.8%) and attaches a Joint Filing Agreement.
Leslie's, Inc. executive Naomi Cramer reported routine equity compensation transactions. She exercised restricted stock units into 580 shares of common stock, with 148 shares withheld to cover taxes, leaving a net 432 shares. After these transactions she directly holds 9,378 common shares and 25,854 RSUs, including 580 RSUs scheduled to vest on May 18, 2027 if she remains employed.