$0.531
-0.002 (-0.39%)At close
LESL News
LESL Events
Company Withdraws Full Year Outlook
The company said, "Given macroeconomic softness and the uncertainty around the company's ability to continue to drive consumer behavior, the company is withdrawing its prior full year outlook and not updating it at this time."
Company Reports Q3 Revenue of $458.48M, Below Expectations
Reports Q3 revenue $458.48M, consensus $503.22M. Comparable sales decreased 6.2%. "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 omnichannel capabilities. Despite this progress, the macroenvironment remains challenging. We have begun exploring strategic alternatives with certain of our financial stakeholders to provide the incremental financial flexibility needed to continue to deliver on our strategic priorities and drive sustainable growth. Such strategic alternatives may include but are not limited to a deleveraging transaction, potentially combined with one or more financing transactions," said Jason McDonell, Chief Executive Officer.
Leslies Trading Halted Due to Volatility Trading Pause
Leslies trading halted, volatility trading pause
Leslies Trading Halted Due to Volatility Trading Pause
Leslies trading halted, volatility trading pause
Leslie's Reports Q2 Revenue of $184.74M
Reports Q2 revenue $184.74M, consensus $162.47M. "Our comprehensive transformation plan delivered measurable results in the second quarter as we position Leslie's for sustainable profitable growth. Second quarter performance demonstrated the effectiveness of our strategic initiatives, with revenue growth of 4.3%, comparable sales increase of 6.6% and total customer count growth of 8% year-over-year. The early success of our 'Price Drop' initiative, launched in March, drove strong transaction growth and customer engagement in the quarter. Importantly, we have funded our price investments through controlled spending and successful cost optimization efforts supporting gross margin expansion in the quarter," said Jason McDonell, CEO.
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