Leslie's falls after co withdraws full-year outlook over macroenvironment concerns
LESL•Quarterly results miss estimates
Leslie's posts third-quarter revenue of $458.5 million, lower than estimates of $503 million; adjusted EPS is $3.96, missing estimates of $5.34, according to LSEG-compiled data.
Bloomberg reported in July that the pool supplies retailer was considering filing for Chapter 11 bankruptcy.
Up to the last day's close, the stock was down 20% year to date.
Shares plunge after outlook withdrawal
Pool supplies retailer Leslie's shares plunge 42% to 75 cents in premarket trading.
The company withdraws its full-year outlook, saying the macroenvironment remains challenging and is impacting consumer behavior.




