Leslie's Inc 2026年季度报告

Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past90 days. YES☒NO☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of RegulationS-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files). YES☒NO☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2of the Exchange Act. Large accelerated filer☐Non-accelerated filer☐Emerging growth company☐ Smaller reporting company☒ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ As of May 4, 2026 the Registrant had 9,359,448 shares of common stock, $0.001 par value per share, outstanding. Table of Contents PART IFINANCIAL INFORMATIONItem 1.Financial Statements3Consolidated Balance Sheets3Consolidated Statements of Operations4Consolidated Statements of Stockholders’ Deficit5Consolidated Statements of Cash Flows6Notes to the Unaudited Consolidated Financial Statements7Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item 3.Quantitative and Qualitative Disclosures About Market Risk27Item 4.Controls and Procedures28 Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.Exhibits Signatures32 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements about us and our industry that involve substantial risksand uncertainties. All statements other than statements of historical fact contained in this Quarterly Report on Form 10-Q, includingstatements regarding our future results of operations or financial condition, business strategy, strategic transformation plan, valueproposition, dispositions, legal proceedings, competitive advantages, market size, growth opportunities, industry expectations, andplans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,”“expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “deliver,” “well-positioned,” “should,” “target,” “will,” or“would,” or the negative of these words or other similar terms or expressions. Our actual results or outcomes, or the timing of ourresults or outcomes, could differ materially from those indicated in these forward-looking statements for a variety of reasons,including, among others: •our ability to execute on our growth and cost optimization strategies, including our strategic pricing transformation;•our expectations regarding our cash resources and cash generation from normal operations;•supply disruptions or increased costs, including as a result of trade policies, geopolitical conflicts and related impactson commodity prices;•our ability to maintain favorable relationships with suppliers and manufacturers;•our ability to maintain the integrity of our supply chain without disruption;•our ability to successfully streamline our operations and improve long-term profitability, including through the closureof underperforming U.S. stores;•competition from mass merchants, online platforms and specialty retailers;•impacts on our business from the sensitivity of our business to weather conditions, changes in the economy (includinghigh interest rates, recession fears, inflationary pressures and changes in trade policies, including tariffs, other traderestrictions or the threat of such actions, and potential tariff refunds), consumer purchasing patterns and costconsciousness, geopolitical events or conflicts (including the ongoing conflict in Ukraine, the conflicts in the MiddleEast and the related impacts on commodity prices, including the price of oil), and the housing market;•disruptions in the operations of our manufacturing facilities and distribution centers;•our ability to implement technology initiatives that deliver the anticipated