LESL - Leslie's Stock Is Underwater After Hours: Diving Into The Details | Benzinga
Leslie’s Inc (NASDAQ:LESL) shares are sinking in Wednesday’s after-hours session after the company reported preliminary financial results for the third quarter and cut its full-year guidance.
What Happened: After the market close on Wednesday, Leslie’s announced it now expects third-quarter revenue of approximately $570 million versus estimates of $615.407 million. The pool supply company anticipates third-quarter adjusted earnings of 32 cents to 33 cents per share versus Benzinga Pro estimates of 42 cents per share.
“The cold and wet spring weather we experienced during the fiscal second quarter extended through May, reducing the number of pool days in non-seasonal markets and delaying the start of pool ...