For the quarter ending 2026-01-03, LESL had -$60,718K decrease in cash & cash equivalents over the period. -$85,461K in free cash flow.
| Cash Flow | 2026-01-03 | 2025-10-04 | 2025-06-28 |
|---|---|---|---|
| Net loss | -82,971 | -162,816 | -74,154 |
| Depreciation and amortization | 7,840 | 8,387 | 25,080 |
| Equity-based compensation | 1,115 | 1,009 | 5,194 |
| Amortization of deferred financing costs and debt discounts | 551 | 579 | 1,619 |
| Impairment | 10,148 | 183,826 | - |
| Inventory impairment | 6,371 | - | - |
| Provision for credit losses | 25 | -1,975 | 574 |
| Deferred income taxes | 9 | -1,262 | 5,717 |
| Loss on asset dispositions | 10 | 852 | -1,044 |
| Accounts and other receivables | -7,337 | -13,552 | -10,099 |
| Inventories, net | 8,394 | -65,209 | 38,909 |
| Prepaid expenses and other current assets | 4,289 | -2,179 | 281 |
| Other assets | -186 | -395 | -2,561 |
| Accounts payable | -6,667 | -39,693 | 23,965 |
| Accrued expenses | - | -22,842 | - |
| Accrued expenses and other current liabilities | 10,231 | - | 1,049 |
| Income taxes payable | 0 | 0 | -1,127 |
| Operating lease assets and liabilities, net | -1,105 | 1,475 | 269 |
| Net cash used in operating activities | -81,134 | 48,220 | -39,398 |
| Purchases of property and equipment | 4,327 | 6,427 | 19,064 |
| Business acquisitions, net of cash acquired | - | 0 | - |
| Proceeds from asset dispositions | 0 | 24 | 117 |
| Net cash used in investing activities | -4,327 | -6,403 | -18,947 |
| Borrowings on revolving credit facility | 25,000 | 0 | 159,500 |
| Payments on revolving credit facility | - | 20,000 | 139,500 |
| Repayment of long-term debt | 0 | 0 | 27,025 |
| Payments on finance leases | 110 | 144 | 392 |
| Payment of deferred financing costs | 145 | - | 0 |
| Payments of employee tax withholdings related to restricted stock vesting | 2 | 17 | 59 |
| Net cash provided by financing activities | 24,743 | -20,161 | -7,476 |
| Net decrease in cash and cash equivalents | -60,718 | 21,656 | -65,821 |
| Cash and cash equivalents at beginning of period | 64,340 | 108,505 | - |
| Cash and cash equivalents at end of period | 3,622 | 64,340 | - |
Leslie's, Inc. (LESL)
Leslie's, Inc. (LESL)