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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