LESL - Leslie's Stock Sinks On Q4 Earnings: The Details | Benzinga
Leslie's Inc (NASDAQ: LESL) shares are trading lower in Tuesday's after-hours session after the company reported mixed financial results and issued forward guidance below analyst estimates.
- Q4 Revenue: $432.4 million beat estimates of $419.39 million
- Q4 EPS: 14 cents missed estimates of 18 cents
Sales were down 9.1% year-over-year in the fourth quarter and gross profit decreased 26.3%.
Inventories decreased 13.8% to $311.8 million at quarter's end. Leslie's ended the quarter with $55.4 million in cash and equivalents.
"Following three years of ...