Leslie's Earnings: Analysts Predict Drop, Stock Down

Leslies, the pool products retailer, is set to release its earnings on Tuesday, following a disappointing quarter with a twelve point two percent sales drop. Analysts predict a six point one percent year-over-year revenue decrease, but Leslies has consistently underperformed Wall Streets estimates. Despite a positive mood in the specialty retail sector, Leslies stock has fallen by fourteen point two percent, presenting an opportunity for investors as the companys average analyst price target is significantly higher than its current share price.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.