BUZZ-Leslie's down after missing quarterly results, dour annual forecasts

Reuters

2024-11-26

BUZZ-Leslie's down after missing quarterly results, dour annual forecasts

** Shares of pool and spa products retailer Leslie's LESL.O down about 20% at $2.81 in extended trading

** Company expects annual adj. loss/shr in the range of 21 cents to 20 cents vs analysts' estimates of profit of 18 cents per share, according to data compiled by LSEG

** LESL expects annual sales to be in the range of $169 mln to $176 mln vs estimates of $1.39 bln

** Company posts Q4 adj. earnings per share of 2 cents, missing estimates of 11 cents

** Reports Q4 sales of $397.9 mln vs estimates of $405.2 mln owing to softness in store traffic and larger discretionary categories

** Up to last close, stock down nearly 49% YTD

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

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06:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Leslie's down after missing quarterly results, dour annual forecasts </title></head><body><p>** Shares of pool and spa products retailer Leslie's <span>LESL.O</span> down about 20% at $2.81 in extended trading </p><p>** Company expects annual adj. loss/shr in the range of 21 cents to 20 cents vs analysts' estimates of profit of 18 cents per share, according to data compiled by LSEG</p><p>** LESL expects annual sales to be in the range of $169 mln to $176 mln vs estimates of $1.39 bln</p><p>** Company posts Q4 adj. earnings per share of 2 cents, missing estimates of 11 cents </p><p>** Reports Q4 sales of $397.9 mln vs estimates of $405.2 mln owing to softness in store traffic and larger discretionary categories</p><p>** Up to last close, stock down nearly 49% YTD</p><p> (Reporting by Anuja Bharat Mistry in Bengaluru)</p><p> ((AnujaBharat.Mistry@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241125:nL3N3MW116:1","article_id":"2486061741","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486061741","pubTimestamp":1732574918,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Leslie's down after missing quarterly results, dour annual forecasts ** Shares of pool and spa products retailer Leslie's LESL.O down about 20% at 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