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Leslie's, Inc. Common Stock (LESL) News
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latest coverageLeslie's Inc. filed for Chapter 11 bankruptcy with plans to close 76 stores and slash about $685 million in debt while remaining fully operational.
Pool supplier Leslie’s Inc. filed for bankruptcy on Wednesday, with a plan to cut about 90% of the debt and hand control to creditors, after encountering mounting challenges for its. industry.
The swimming pool retailer is expected to hand control to its lenders after struggling under a heavy debt load and declining sales.
Pool supplier Leslie’s Inc. is considering a range of strategic options to address its debt load, including a potential Chapter 11 bankruptcy filing, according to people familiar with the matter.
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