Why Is Leslies (LESL) Stock Down 17% Today?
LESLLeslie's(LESL) Investor Place·2024-07-18 20:29

Leslies (NASDAQ:LESL) stock is falling hard on Thursday after the direct-to-consumer pool and spa care company provided preliminary results for its fiscal third quarter of 2024.This has it expecting adjusted earnings per share of 32 cents to 33 cents alongside revenue of roughly $570 million for the quarter. For comparison, Wall Street is expecting adjusted EPS of 42 cents with revenue of $615.41 million for the period.Leslies CEO Mike Egeck said this about the latest earnings results.“The cold and wet spri ...