Leslie's Files for Chapter 11 Bankruptcy and Plans Store Closures

Key Facts

1Leslie's Inc. filed for Chapter 11 bankruptcy protection in Texas.

2The company announced the closure of 76 retail stores and may close as many as 200 nationwide.

Leslie's Inc. filed for Chapter 11 bankruptcy protection in Texas to restructure its operations amid financial challenges. The Business Journals reported that the company has announced the closure of 76 retail stores, with the total number of closures potentially reaching 200 locations nationwide.

LESL closed at $0.168 on October 1, 2026, with the stock trading between a day high of $0.1735 and a day low of $0.12 during the session. These developments follow the company's decision to significantly reduce its retail footprint as part of its formal restructuring plan.