IPO Newsroom(@IPONewsroom_):LESLIE’S PREPARES FOR CHAPTER 11 Pool-supplies retailer Leslie’s $LESL is preparing to file for Chapter 11 as soon as next week in Houston and is expected to hand control to lenders, per WSJ. The company has been hit by weaker post-pandemic pool demand and a heavy debt load. Q3 sales fell 8.4% Y/Y, while total debt stood at ~$787M as of July 4, with ~$757M due in 2028.

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2026.09.24 19:55

LESLIE’S PREPARES FOR CHAPTER 11 Pool-supplies retailer Leslie’s $LESL is preparing to file for Chapter 11 as soon as next week in Houston and is expected to hand control to lenders, per WSJ. The company has been hit by weaker post-pandemic pool demand and a heavy debt load. Q3 sales fell 8.4% Y/Y, while total debt stood at ~$787M as of July 4, with ~$757M due in 2028.