Leslie's Faces Challenges, Plans Store Closures

Leslies Pool Products Retailer Reports Mixed Q3 Results, Plans Aggressive Store Closures and Pricing Adjustments:Leslies Pool Products Retailer recently announced its Q3 results for 2025, showing a mix of outcomes. While revenue topped expectations, overall sales decreased by 2.2% compared to the same period last year. Non-GAAP profit was significantly lower than predicted, leading to a stock price drop and a revised full-year revenue forecast. The company attributes underperformance to losing market share due to pricing strategy and plans to close underperforming stores, reinvest in competitive pricing, and optimize store and product offerings to regain customers and improve operational efficiency.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.