Leslie's, Inc. Files 8-K on Financials & Restructuring
Ticker: LESL · Form: 8-K · Filed: Dec 2, 2025 · CIK: 1821806
Sentiment: neutral
Topics: financial-condition, results-of-operations, restructuring
TL;DR
Leslie's dropped an 8-K detailing financials, exit costs, and impairments. Check it for the latest.
AI Summary
Leslie's, Inc. filed an 8-K on November 25, 2025, reporting on its financial condition and results of operations. The filing also covers costs associated with exit or disposal activities and material impairments, along with financial statements and exhibits. The company is incorporated in Delaware and headquartered in Phoenix, Arizona.
Why It Matters
This filing provides crucial updates on Leslie's financial performance and any significant restructuring or impairment charges, which can impact investor confidence and stock valuation.
Risk Assessment
Risk Level: medium — The filing discusses potential material impairments and exit costs, which could indicate financial distress or significant operational changes.
Key Players & Entities
- Leslie's, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- Phoenix, Arizona (location) — Principal Executive Offices
FAQ
What specific financial results are being reported in this 8-K?
The 8-K indicates it covers 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.
What are the 'Cost Associated with Exit or Disposal Activities' mentioned?
The filing acknowledges this item but does not detail the specific costs or activities involved in the provided text.
Are there any 'Material Impairments' reported?
Yes, 'Material Impairments' is listed as an item covered by the 8-K, but details are not present in the excerpt.
When was the earliest event reported in this filing?
The earliest event reported is dated November 25, 2025.
What is Leslie's, Inc.'s principal business address?
Leslie's, Inc.'s principal executive offices are located at 2005 East Indian School Road, Phoenix, Arizona, 85016.
Filing Stats: 682 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2025-12-02 16:30:25
Key Financial Figures
- $0.001 — ch registered Common stock, par value $0.001 per share LESL The Nasdaq Global Se
- $12.0 million — total pre-tax charges of approximately $12.0 million to $17.0 million in the first fiscal qu
- $17.0 million — arges of approximately $12.0 million to $17.0 million in the first fiscal quarter of 2026, co
- $8.0 million — t of long-lived assets of approximately $8.0 million Inventory write-offs of approximately
- $4.0 million — Inventory write-offs of approximately $4.0 million to $9.0 million The Company cannot cu
- $9.0 million — e-offs of approximately $4.0 million to $9.0 million The Company cannot currently estimate
Filing Documents
- lesl-20251125.htm (8-K) — 51KB
- lesl-ex99_1.htm (EX-99.1) — 650KB
- img57390227_0.jpg (GRAPHIC) — 41KB
- 0001193125-25-305339.txt ( ) — 887KB
- lesl-20251125.xsd (EX-101.SCH) — 23KB
- lesl-20251125_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On December 2, 2025 Leslie's, Inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and fiscal year ended October 4, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report. The information under Item 2.02 of this report, including Exhibit 99.1 hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information and the accompanying exhibit shall not be deemed to be incorporated by reference into filings with the U.S. Securities and Exchange Commission made by the Company, except as shall be expressly set forth by specific reference in such filing.
05 Costs Associated With Exit or Disposal Activities
Item 2.05 Costs Associated With Exit or Disposal Activities On November 25, 2025 the Company approved a plan to streamline operations and improve long-term profitability (the "Plan"). As part of the Plan, the Company intends to close approximately 80-90 U.S. stores identified as underperforming. The Company expects the closures to be substantially completed by the end of first fiscal quarter of 2026. In connection with the Plan, the Company expects to incur total pre-tax charges of approximately $12.0 million to $17.0 million in the first fiscal quarter of 2026, consisting primarily of: Impairment of long-lived assets of approximately $8.0 million Inventory write-offs of approximately $4.0 million to $9.0 million The Company cannot currently estimate in good faith the amount or range of amounts of the charges that will result in future cash expenditures.
06 Material Impairments
Item 2.06 Material Impairments The information set forth in Item 2.05 above is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release of Leslie's, Inc., dated December 2, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LESLIE'S, INC. By: /s/ Jeff White Name: Jeff White Title: Chief Financial Officer and Treasurer (Principal Financial Officer and Principal Accounting Officer) Date: December 2, 2025