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The pool and spa retailer has entered a lender-backed restructuring that would cut about $685 million of funded debt, bring in new financing and shift majority ownership to existing lenders. Key Investor TakeawaysLeslie’s (NASDAQ:LESL) has filed for a prearranged Chapter 11 restructuring with support from more than 80% of its existing lenders.
PHOENIX, Ariz., September 30, 2026--Leslie's, Inc. ("Leslie’s" or the "Company"), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, today announced that it has entered into a Restructuring Support Agreement ("RSA") with a group of its existing lenders that lays the groundwork for transactions that will significantly strengthen the Company’s capital structure, rationalize its retail operati
S&P Global Ratings on Aug. 21 downgraded Leslie’s Inc. to CCC-, from CCC, retaining a negative outlook, after the company said earlier this month that it has “begun exploring strategic alternatives” with certain stakeholders. S&P believes the alternatives could include an exchange that the agency would consider “distressed.” S&P also downgraded the company’s term loan due March 2028, a constituent of the Morningstar LSTA US Leveraged Loan Index, to CCC-, from CCC. S&P projects a 7% revenue decli
A number of stocks fell in the afternoon session after Walmart’s results reinforced worries about a stretched U.S. consumer. According to CNBC, Walmart (NYSE: WMT) shares fell nearly 10% even after a revenue beat and a full-year outlook raise, as U.S. comparable sales grew only 2.6% — short of Wall Street’s roughly 3.5% expectation — and third-quarter sales guidance of 3% to 3.75% looked light. CFO John David Rainey told CNBC the company was eligible for about $2.9 billion in tariff refunds, wit
Shares of pool products retailer Leslie’s (NASDAQ:LESL) fell 42.2% in the morning session after the pool and spa care retailer reported weak fiscal third-quarter 2026 results, withdrew its full-year guidance, and flagged substantial doubt about its ability to continue as a going concern. Revenue for the quarter fell 8.4% year over year to $458.5 million, missing Wall Street estimates, as comparable sales declined 6.2% amid a softer summer pool season. While a one-time credit card settlement gain
Pool products retailer Leslie’s (NASDAQ:LESL) will be announcing earnings results this Wednesday after market hours. Here’s what investors should know.
Tracy Dick is now in the chief marketer role, following the company’s corporate name change earlier this summer.
Despite a 6.2% comparable sales drop, Leslies Inc (LESL) sees e-commerce growth and customer reactivation, but withdraws guidance and explores strategic alternatives for its balance sheet.
Pool products retailer Leslie’s (NASDAQ:LESL) fell short of the market’s revenue expectations in Q2 CY2026, with sales falling 8.4% year on year to $458.5 million. Its non-GAAP profit of $3.96 per share was 21.8% below analysts’ consensus estimates.
PHOENIX, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Leslie’s, Inc. (NASDAQ: LESL), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, today announced its financial results for the fiscal third quarter 2026. "We continued to advance our strategic transformation in the third quarter, taking decisive action to right-size our cost structure and supply chain, realign our pricing strategy, and invest in o
FORT MILL, S.C., August 12, 2026--Shoe Station Group, Inc. (Nasdaq: SHOE) (the "Company"), a leading omnichannel retailer of footwear and accessories for the family, announced the appointment of Tracy Dick as Chief Marketing Officer, effective August 3. Tracy joins the leadership team to accelerate the execution of the Company’s strategic initiatives to expand the Shoe Station banner and strengthen customer engagement across Shoe Carnival. She will report to Interim President and Chief Executive
PHOENIX, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Leslie’s, Inc. (NASDAQ: LESL), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, today announced it will release its third quarter 2026 financial results after market close on Wednesday, August 12, 2026. The company will host a conference call at 5:00 p.m. Eastern time on August 12, 2026. A live webcast of the conference call will be available onl
Leslie's reported in mid May widening losses for both the second quarter and first half of fiscal 2026.
The past six months have been a windfall for Leslie’s shareholders. The company’s stock price has jumped 309%, hitting $7.41 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Leslie's (NASDAQ:LESL) and its peers.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns. Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Leslie’s first quarter results were met positively by the market, reflecting management’s early success in executing its transformation plan. The company attributed revenue growth to initiatives such as customer reactivation, a new pricing strategy, and improved in-store experiences. CEO Jason McDonell highlighted the “broad-based customer growth” and noted that the launch of the Price Drop initiative, particularly in Sunbelt markets, led to a double-digit increase in store transactions and impr
Pool products retailer Leslie’s (NASDAQ:LESL) reported Q1 CY2026 results topping the market’s revenue expectations, with sales up 4.3% year on year to $184.7 million. The company’s full-year revenue guidance of $1.18 billion at the midpoint came in 1.7% above analysts’ estimates. Its non-GAAP loss of $5.36 per share was 21.5% below analysts’ consensus estimates.
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