Leslie’s Stock Jumps 32% After Revenue Beat, Stronger Full-Year Outlook

Leslie’s Inc. (NASDAQ: LESL) shares rose 32.1% to $1.90 on May 13, 2026, after the pool products retailer reported fiscal second-quarter revenue that topped Wall Street estimates and issued a stronger-than-expected full-year sales outlook. Revenue rose 4.3% year over year to $184.7 million, beating analysts’ expectations by 13.5%. Comparable sales increased 6.6%, reversing recent declines, while customer count grew 8%. The company said its March 2026 “Price Drop” initiative helped drive transaction growth, while cost controls supported gross margin expansion. Leslie’s projected full-year revenue of $1.18 billion at the midpoint, 1.7% above consensus estimates. However, its non-GAAP loss of $5.36 per share was 21.5% worse than analysts expected. The company operated 950 locations in the quarter, following an average annual store-count decline of 1.1% over the past two years. Analysts expect revenue to fall 3.3% over the next 12 months.