Leslie's (LESL) Stock Surges Nearly 26% After Hours: What's Going On?
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Leslie’s Inc. (NASDAQ: LESL) shares surged 25.87% to $1.80 in after-hours trading following a strong second-quarter revenue report of $184.74 million, exceeding expectations by 13.97%. This performance marks a recovery after missing forecasts in Q1 2026. Gross margin improved from 24.8% to 28.9% year-over-year, and adjusted EBITDA loss narrowed from $36.1 million to $26.8 million. CEO Jason McDonell credited the success to the "Price Drop" initiative, which shifted to everyday value pricing.
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