---
title: "Leslie's (LESL) Stock Surges Nearly 26% After Hours: What's Going On?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286361590.md"
description: "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."
datetime: "2026-05-14T04:21:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286361590.md)
  - [en](https://longbridge.com/en/news/286361590.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286361590.md)
---

# Leslie's (LESL) Stock Surges Nearly 26% After Hours: What's Going On?

**Leslie’s Inc.** (NASDAQ:LESL) shares jumped 25.87% in after-hours trading to $1.80 Wednesday after the pool and spa retailer beat second-quarter revenue estimates by 13.97%.

For the period ended Apr. 4, second-quarter revenue totaled $184.74 million, surpassing the analyst estimate of $162.10 million and marking a strong rebound after the Arizona-based company missed revenue expectations in the first quarter of 2026.

Leslie’s gross margin expanded to 28.9% from 24.8% year-over-year. Adjusted EBITDA loss narrowed by $9.2 million, improving from a loss of $36.1 million to a loss of $26.8 million.

CEO **Jason McDonell** credited the March-launched "Price Drop" initiative, a strategic pricing overhaul that shifted the company from a high-low promotional model to everyday value pricing on key items, with reactivating lapsed customers and driving transaction growth.

EPS of negative $5.36 still missed the estimate of negative $4.55 by 17.8%.

The company reiterated its full-year fiscal 2026 guidance, expecting sales between $1.1 billion and $1.25 billion and Adjusted EBITDA in the range of $55 million to $75 million.

## Trading Metrics, Technical Analysis

Leslie’s has a market capitalization of $13.32 million, with a 52-week high of $18.56 and a low of $0.87.

The small-cap stock has a Relative Strength Index (RSI) of 44.85.

Over the past 12 months, LESL has dropped 91.01%.

Currently, the stock is positioned close to its annual low.

**Price Action:** LESL closed the regular session down 5.30% at $1.43, according to Benzinga Pro data.

**Benzinga's Edge Stock Rankings** indicate that LESL is experiencing long-term consolidation along with medium and short-term upward movement.

_Photo Courtesy: Proxima Studio on Shutterstock.com_

**Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

**Read Also: Snail (SNAL) Stock Is Trending Overnight — Here's Why It Moved Over 82% In After-Hours Session**

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