Leslie’s Announces Store Closures to Boost Profitability

Leslie’s ( (LESL) ) has issued an update.

On November 25, 2025, Leslie’s approved a plan to streamline operations by closing 80-90 underperforming U.S. stores, aiming to improve long-term profitability. The closures are expected to be completed by the end of the first fiscal quarter of 2026, with anticipated pre-tax charges of $12.0 million to $17.0 million. The company reported its fiscal 2025 results, noting a decrease in sales and a significant net loss compared to the previous year. Despite these challenges, Leslie’s achieved a gross profit increase in the fourth quarter and exceeded its sales and adjusted EBITDA guidance. The strategic transformation plan focuses on optimizing costs, reducing inventory, and enhancing stakeholder confidence.

The most recent analyst rating on (LESL) stock is a Sell with a $3.50 price target. To see the full list of analyst forecasts on Leslie’s stock, see the LESL Stock Forecast page.

Spark’s Take on LESL Stock

According to Spark, TipRanks’ AI Analyst, LESL is a Underperform.

Leslie’s faces substantial financial challenges, with declining revenues, high leverage, and negative equity. Technical indicators suggest bearish momentum, and the valuation is unattractive due to ongoing losses. While strategic initiatives were noted in the earnings call, they are insufficient to offset the broader negative outlook.

To see Spark’s full report on LESL stock, click here.

More about Leslie’s

Leslie’s, founded in 1963, is the largest direct-to-customer brand in the U.S. pool and spa care industry, serving residential customers and pool professionals nationwide. The company provides an extensive range of essential pool and spa care products through over 1,000 physical locations and a digital platform.

Average Trading Volume: 150,992

Technical Sentiment Signal: Sell

Current Market Cap: $27.4M

Learn more about LESL stock on TipRanks’ Stock Analysis page.