Sep 25, 2026
Leslie's Stock Plunges Following Chapter 11 Bankruptcy Reports
Leslie's Inc. shares are plummeting after reports indicate the swimming pool supplies retailer is preparing to file for Chapter 11 bankruptcy as early as next week. This follows a "going concern" warning last month and aggressive expansion during the pandemic that led to a heavy debt load, which the company plans to resolve through a debt-for-equity swap with creditors.
Company relevance
100.00%
Company sentiment
Bearish
Overall sentiment
Bearish
Sep 24, 2026
Exclusive | Leslie’s Prepares Chapter 11 Filing as Soon as Next Week in Houston
Swimming pool retailer Leslie's is reportedly preparing to file for Chapter 11 bankruptcy as early as next week in Houston. The company has struggled with a heavy debt load and declining sales following a pandemic-fueled boom, and is expected to hand control to its lenders. Leslie's is being advised by Simpson Thacher & Bartlett and Centerview Partners.
Company relevance
100.00%
Company sentiment
Bearish
Overall sentiment
Bearish