Pool retailer Leslie's tumbles after Chapter 11 bankruptcy filing
LESL•Leslie's filed for Chapter 11 bankruptcy after prolonged sales weakness and mounting losses; shares fell 18% to $0.18, and the company expects to emerge from bankruptcy in early 2027.
1. Bankruptcy filing
Leslie's filed for Chapter 11 bankruptcy after prolonged sales weakness and mounting losses. The swimming pool supplies retailer has closed 76 stores and expects to emerge from bankruptcy in early 2027; its shares fell 18% to $0.18.
