$LESL

Nasdaq will suspend trading of Leslie’s (LESL) stock on October 6 due to its share price falling below the $1 minimum bid requirement. The company, which filed for Chapter 11 bankruptcy on September 30, plans to eliminate $685 million in debt and cancel all existing common equity, leaving shareholders with no recovery. LESL may trade over-the-counter post-delisting, but these shares will not represent ownership in the reorganized company.

Leslie's, Inc. (LESL) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 PRESS RELEASE Leslie’s Announces Strategic Transaction to Strengthen Financial Foundation and Position the Company for the Future Enters into Restructuring Support Agreement to eliminate approximately 90% of debt and secure $150 million of new capital, including $90

Leslie’s (NASDAQ: LESL) may file for Chapter 11 bankruptcy soon, potentially transferring ownership to lenders. The company faces possible Nasdaq delisting due to its share price drop. Leslie’s reported Q3 revenue decline of 8.4% and a net loss of $87.7 million for the first nine months of 2026. The company has $1.21 billion in liabilities against $722.2 million in assets.

S&P downgraded Leslie’s Poolmart Inc. to 'CCC-' from 'CCC', citing restructuring risks. The company may pursue distressed debt restructuring before its $756M term loan matures in 2027. Leslie’s revenue fell 8.4% YoY in Q3 2026, and it withdrew its 2026 guidance. The company has $207M in liquidity and expects a $19M free cash flow deficit for the year. S&P projects further downgrades if a distressed transaction occurs.

Leslie’s (NASDAQ:LESL) shares fell 42.2% after the company reported weak fiscal Q3 2026 results and withdrew full-year guidance. Revenue declined 8.4% to $458.5 million and adjusted EPS was $3.96 versus $5.06 expected. Management cited going-concern risk due to $786.7 million long-term debt and $45.9 million cash, and said it is exploring strategic alternatives.

Leslie’s (NASDAQ: LESL) shares fell 42.2% after the pool and spa retailer reported weak fiscal Q3 2026 results, withdrew full-year guidance, and said there is substantial doubt it can continue as a going concern. Revenue fell 8.4% to $458.5M; adjusted EPS was $3.96 vs $5.06 consensus. Long-term debt was $786.7M vs cash $45.9M.

Leslie’s (LESL) shares fell 43.2% pre-open to $0.75 after fiscal Q3 2026 results missed expectations and the company withdrew full-year 2026 guidance. Revenue was $458.5M (-8.4% YoY) and adjusted EPS was $3.96 vs $5.06 expected. Gross margin fell to 36.5%. Leslie’s is exploring strategic alternatives and reported a wider nine-month net loss of $87.7M.

Leslie’s (NASDAQ:LESL) reported Q2 CY2026 results with revenue of $458.5 million versus analyst estimates of $520.4 million, and adjusted EPS of $3.96 versus $5.06. Adjusted EBITDA was $55.7 million versus $82.45 million. The company said it had 900 locations at quarter end and same-store sales down 6.2% year on year. Shares fell 42.9%.

Leslie's, Inc. (LESL) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Leslie’s, Inc. Announces Third Quarter 2026 Financial Results PHOENIX – August 12, 2026 – 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

Leslie's Poolmart Inc. is reportedly considering restructuring options, including a possible Chapter 11 filing, after closing 80 stores. Bloomberg cited sources saying a $756 million term loan due 2028 trades around 39 cents on the dollar and no final decision has been made. S&P Global Ratings downgraded its issuer credit rating from B to B-.