- Leslie’s press release ( NASDAQ: LESL ): Q1 Non-GAAP EPS of -$0.14 misses by $0.01 .
- Revenue of $195.1M (+5.6% Y/Y) beats by $16.42M .
- Gross profit decreased $2.0 million, or 3.0%, to $65.3 million compared to $67.3 million in the prior year period and gross margin was 33.5% compared to 36.4% in the prior year period.
- Selling, general and administrative expenses (“SG&A”) increased $12.5 million to $92.3 million compared to $79.8 million in the prior year period, Operating loss was $(27.0) million compared to $(12.5) million in the prior year period.
- Net loss was $(30.3) million compared to $(14.5) million in the prior year period.
- Adjusted net loss was $(25.3) million compared to $(10.9) million in the prior year period.
- Cash and cash equivalents totaled $2.7 million as of December 31, 2022 compared to $53.3 million as of January 1, 2022, a decrease of $50.6 million
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Leslie’s Non-GAAP EPS of -$0.14 misses by $0.01, revenue of $195.1M beats by $16.42M