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Leslie’s Implements 1-for-20 Reverse Stock Split

Story Highlights
  • Leslie’s, Inc. executed a 1-for-20 reverse stock split on September 26, 2025.
  • The company’s stock will trade on a split-adjusted basis on Nasdaq from September 29, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Leslie’s Implements 1-for-20 Reverse Stock Split

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An announcement from Leslie’s ( (LESL) ) is now available.

On September 26, 2025, Leslie’s, Inc. implemented a reverse stock split at a 1-for-20 ratio, reducing the total number of issued and outstanding shares to approximately 9,289,790 and the authorized shares to 50,000,000. The company’s common stock will trade on a split-adjusted basis on Nasdaq starting September 29, 2025, under the ticker symbol ‘LESL’, with a new CUSIP number. No fractional shares were issued, and adjustments were made to the company’s 2020 Omnibus Incentive Plan to reflect the reverse stock split.

The most recent analyst rating on (LESL) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Leslie’s stock, see the LESL Stock Forecast page.

Spark’s Take on LESL Stock

According to Spark, TipRanks’ AI Analyst, LESL is a Underperform.

Leslie’s stock score is primarily impacted by its weak financial performance, characterized by declining revenues, negative margins, and high leverage. Technical analysis indicates bearish trends, and valuation metrics show significant challenges. Although strategic initiatives were noted in the earnings call, they are overshadowed by sales declines and competitive pressures.

To see Spark’s full report on LESL stock, click here.

More about Leslie’s

Average Trading Volume: 3,591,208

Technical Sentiment Signal: Sell

Current Market Cap: $56.57M

See more data about LESL stock on TipRanks’ Stock Analysis page.

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