Connect with us

PREMIUM SPONSORS

Pool News

Is Chapter 11 Next for Leslie’s, America’s Largest Pool Supply Chain?

Published

on

Is Chapter 11 Next for Leslie's, America's Largest Pool Supply Chain?

Less than two months ago, it looked as though Leslie’s (NASDAQ: LESL) might finally be turning a corner.

After reporting fiscal second-quarter earnings that weren’t nearly as bad as analysts had expected, the company’s stock staged an impressive comeback. Sales came in better than forecast, management pointed to gains from its value pricing strategy, and investors responded with renewed optimism that the retailer’s turnaround efforts might finally be taking hold.

“Compared to last year, in the second quarter, we delivered overall revenue growth of 4.3%, a comparable sales increase of 6.6%, improved year-over-year adjusted EBITDA by 26% and registered total customer count growth of 8%,” said CEO Jason McDonell.

The rally based on that news was dramatic.

On June 29, Leslie’s shares climbed as high as $10.76, giving investors hope that the company’s long slide might finally be over.

That optimism didn’t last.

A difficult summer selling season, continued pressure on the business, and renewed concerns about the company’s financial health quickly reversed the gains. Today, Leslie’s stock has fallen back to around $1.24 per share, wiping out nearly all of the momentum generated after its second-quarter earnings report.

The latest blow came after Bloomberg reported that Leslie’s has been evaluating a range of strategic alternatives to address its debt burden, including the possibility of filing for Chapter 11 bankruptcy protection. According to people familiar with the discussions, the company has been negotiating privately with creditors in an effort to extend its debt obligations, although no final decision has reportedly been made.

It’s important to emphasize that, at this point, a bankruptcy filing remains only one of several options reportedly under consideration. Leslie’s has not announced plans to seek Chapter 11 protection, and the Bloomberg report indicates discussions with lenders are ongoing.

A Difficult Road to Recovery

Still, for a company that has spent the better part of two years fighting declining sales, shrinking margins, and mounting debt, the report reignited concerns that investors hoped had begun to subside.

Earlier this year, Leslie’s closed approximately 80 underperforming stores and one distribution center as part of an effort to streamline operations and reduce costs. Those closures followed another difficult fiscal first quarter marked by declining sales and continued losses, forcing management to accelerate its turnaround efforts.

The second quarter offered a measure of encouragement. Revenue exceeded Wall Street expectations, and management’s pricing initiatives appeared to be attracting customers back into stores. Investors interpreted the results as evidence that the turnaround strategy might finally be gaining traction.

But the broader operating environment hasn’t become any easier.

The pool industry continues to work through a post-pandemic normalization cycle after several years of unprecedented demand. Higher interest rates, persistent inflation, softer consumer discretionary spending, and unfavorable weather across several key markets have all weighed on pool construction, renovation activity, and retail sales. Those pressures have affected much of the industry, though companies with significant debt loads have faced an especially difficult balancing act.

Leslie’s isn’t the only brick-and-mortar retailer feeling the heat. Chains across a wide range of industries have struggled in recent years as consumers shifted more spending online, inflation squeezed discretionary purchases, and higher operating costs eroded margins. Those pressures have contributed to a growing list of high-profile retail bankruptcies, with Leslie’s now facing similar questions about its own future.

Chapter 11, should it ultimately become necessary, is designed to allow companies to restructure while continuing normal operations. Many retailers have emerged from the process with healthier balance sheets after reducing debt and renegotiating obligations. Industry observers have also noted that Leslie’s still possesses significant brand recognition, a nationwide retail footprint, and one of the largest customer databases in the swimming pool industry—assets that continue to hold value regardless of near-term financial challenges.

For investors, however, the lesson from this year’s dramatic rally may be a familiar one.

A sharp rebound in a heavily shorted stock can happen quickly when expectations become excessively pessimistic. Sustaining those gains requires evidence that the underlying business has fundamentally improved.

What Comes Next for Leslie’s

That remains the question facing Leslie’s.

When Pool Magazine covered the company’s reverse stock split last year, we noted that the move addressed Nasdaq’s listing requirements but did little to solve the operational issues driving the company’s decline. The challenges facing Leslie’s today suggest those concerns have not gone away.

The company’s struggles also reflect a much longer story. As Inc. recently detailed in its examination of Leslie’s rise and decline, years of private equity ownership, acquisitions, and a growing debt load left the retailer carrying significant financial obligations just as the post-pandemic pool boom began to cool. Those pressures have only intensified as consumers pulled back on discretionary spending and the industry returned to more normalized demand.

Whether Leslie’s ultimately restructures its balance sheet through negotiations with creditors, secures additional financing, or pursues Chapter 11 protection remains to be seen. For now, bankruptcy remains only one of several options reportedly under consideration.

What happens next won’t just matter to shareholders. As the nation’s largest dedicated pool retailer, Leslie’s future carries implications for manufacturers, distributors, service professionals, and consumers across the pool industry.

For a company that has served pool owners for more than six decades, the coming months may prove to be the most consequential in its history.

5/5 - (25 votes)

Joe Trusty

Editor in Chief of Pool Magazine - Joe Trusty is also CEO of PoolMarketing.com, the leading digital agency for the pool industry. An internet entrepreneur, software developer, author, and marketing professional with a long history in the pool industry. Joe oversees the writing and creative staff at Pool Magazine.

To contact Joe Trusty email [email protected] or call (916) 467-9118 during normal business hours. For submissions, please send your message to [email protected]

Pool News

Landmark Aquatic Earns Three 2026 PHTA Awards of Excellence

Published

on

Landmark Aquatic 2026 PHTA International Awards of Excellence Silver and Merit award graphic

Landmark Aquatic is pleased to announce that three of its aquatic facility projects received 2026 PHTA Awards of Excellence from the Pool & Hot Tub Alliance (PHTA), one of the pool and spa industry’s premier design competitions.

PHTA is the trade association representing the swimming pool, hot tub, and spa industry. Its annual International Awards of Excellence is one of the industry’s largest and most respected design competitions, recognizing the most creative and innovative pools, spas, hot tubs, and water features built each year. Hundreds of entries are submitted annually by professionals across the U.S. and around the world.

“PHTA is proud to recognize our members for their craftsmanship, inspired design, and dedication to elevating the industry,” said Sabeena Hickman, CAE, President and CEO of PHTA.

“These awards reflect what it takes to design, build, operate, and maintain a truly successful aquatic facility,” said J. Ryan Casserly, Chief Executive Officer of Landmark Aquatic. “That level of commitment shows up in the work of everyone on our team, and we’re proud to keep investing in serving our customers and the communities who enjoy these facilities.”

About Landmark
Landmark Aquatic is a nationwide provider of commercial aquatic facility design, construction, and maintenance services, with more than six decades of industry experience. Landmark supports clients across most of the U.S. through construction-led solutions and its AquatiCare maintenance program — delivering excellence “for the life of your pool” and building long-term partnerships through exceptional service and forward-thinking solutions. Learn more at www.landmarkaquatic.com

Rate this post

Continue Reading

Pool News

WITI Announces 3rd Annual Walk for Water Safety

Published

on

Blue 3rd Annual WITI Walk 2026 event T-shirt

NORRISTOWN, Pennsylvania – Women in the Industry (WITI), an initiative of the Northeast Spa & Pool Association (NESPA), is proud to host its 3rd Annual WITI Walk on Sunday, October 11, 2026, beginning at 10:00 a.m. at scenic Norristown Farm Park in Norristown, Pennsylvania.

Participants may also join virtually from anywhere in the country, allowing supporters nationwide to walk, run, or donate in support of a shared mission: ensuring every child has the opportunity to learn the life-saving skill of swimming. 

The walk benefits Every Child a Swimmer (ECAS), a national nonprofit dedicated to preventing childhood drowning by providing swim lesson scholarships to children from low-income families, promoting water safety education, and advancing legislation that expands access to drowning prevention resources. Drowning remains the leading cause of death for children ages one to four, making access to swimming lessons and water safety education more important than ever.

The partnership between NESPA, WITI, and Every Child a Swimmer reflects the pool industry’s unwavering commitment to safety. While WITI exists to empower, mentor, and elevate women throughout the industry, its members also recognize the important role they play in protecting families and promoting the safe enjoyment of water. Together, these organizations help educate communities, expand access to swim lessons, and work toward a future where every child has the opportunity to learn to swim.

“We are incredibly proud to partner with Every Child a Swimmer,” said WITI leadership. “As women in the pool industry, we understand that our work extends beyond building and maintaining pools, it includes educating communities, promoting water safety, and helping save lives. Together, we can make a meaningful difference.”

Leading Every Child a Swimmer is Executive Director Casey McGovern, whose commitment to drowning prevention is deeply personal. 

After losing her 19-month-old daughter, Edna Mae (“Em”), to drowning in 2009, McGovern dedicated her life to ensuring other families never experience the same tragedy. Today, her leadership has helped grow Every Child a Swimmer into a national network of more than 430 participating swim school locations across 46 states, providing nearly $1 million annually in swim lesson scholarships for children in need. 

“Our mission is simple,” said McGovern. “Every child deserves the opportunity to learn this life-saving skill, regardless of their family’s financial circumstances. Through partnerships like WITI, we’re expanding access to swim lessons, measuring outcomes, and helping ensure more children gain the skills they need to stay safe around water.”

Participants of all ages and abilities are encouraged to register, walk, run, sponsor the event, or donate. Those unable to attend in Pennsylvania can participate virtually from anywhere in the country by walking in their own communities while supporting the cause online.

Register Today
https://nespa.users.membersuite.com/events/683a8c52-0078-ce39-202f-0b49bfa98b74/details

Event Information:
2026 WITI Walk
Sunday, October 11, 2026
10:00 a.m. – 1:00 p.m.

Norristown Farm Park
2500 Upper Farm Road
Norristown, PA 19403

Virtual participation is available nationwide.
Every registration, sponsorship, and donation helps provide life-saving swim lessons to children who otherwise could not afford them. Thanks to generous matching support, every dollar donated will be quadrupled, significantly increasing the impact for children and families.

About Women in the Industry (WITI)
Women in the Industry (WITI), an initiative of the Northeast Spa & Pool Association (NESPA), is dedicated to empowering, connecting, mentoring, and supporting women throughout the pool, spa, and outdoor living industry. Through education, networking, philanthropy, and leadership opportunities, WITI fosters professional growth while giving back to communities through charitable initiatives such as the annual WITI Walk.

About the Northeast Spa & Pool Association (NESPA)
The Northeast Spa & Pool Association (NESPA) is a regional trade association serving the pool, spa, and outdoor living industry throughout the Northeast and Mid-Atlantic. For more than 65 years, NESPA has supported its members through education, advocacy, professional development, networking, and consumer outreach while promoting the highest standards of safety, professionalism, and industry excellence.

About Every Child a Swimmer
Every Child a Swimmer is a national nonprofit dedicated to reducing childhood drowning by providing swim lesson scholarships to children from low-income families, promoting water safety education, and advocating for legislation that expands access to drowning prevention initiatives. The organization believes every child deserves the opportunity to learn the life-saving skill of swimming.

Media Contact
Phone: 609.689.9111
Email: [email protected]
Website: www.nespapool.org

5/5 - (3 votes)

Continue Reading

Pool News

Amazon Drone Drops Package Into Swimming Pool — And It’s Not the First Mishap

Published

on

Amazon Drone Drops Package Into Swimming Pool — And It’s Not the First Mishap

Drone delivery may be the future of getting everyday purchases to your doorstep, but apparently Amazon still has a few kinks to work out — particularly when swimming pools are involved.

A video making the rounds on social media this week shows what should have been a routine Amazon drone delivery going very wrong. Instead of safely depositing the customer’s order on dry ground, the package winds up in the backyard swimming pool.

The incident is funny enough when viewed through the lens of an unexpected pool delivery. But it also highlights a very real challenge Amazon faces as it prepares to dramatically expand its Prime Air drone delivery program across the United States.

And remarkably, this isn’t the first time an Amazon drone has put a customer’s package in the pool.

Amazon Has Already Made This Mistake Before

In July 2025, Arizona resident Daniel Muniz decided to try Prime Air after seeing drone delivery available for his order in Avondale.

The delivery was captured on video.

Amazon’s drone successfully reached the property and released the shoebox-sized package over the designated area. There was just one problem: the downward force generated by the drone’s propellers pushed the package several feet across the yard and directly into Muniz’s swimming pool.

Fortunately, the contents weren’t particularly vulnerable to water. Muniz had ordered vitamins.

The incident was especially notable because Amazon’s delivery system is designed to identify suitable drop locations around a customer’s property. Amazon explains that its mapping technology identifies “delivery zones” free of obstacles and establishes appropriate delivery points within those areas.

The company even specifically acknowledges swimming pools as something the technology needs to recognize.

According to Amazon, a swimming pool can appear to be a flat surface in satellite imagery despite obviously being an unsuitable location for a package delivery. Once the drone reaches the designated location, the aircraft descends to approximately 13 feet above the ground, checks that the area is clear and releases the package.

In the Avondale incident, the package wasn’t intentionally dropped into the water. It initially landed on dry ground before the drone’s prop wash sent it into the pool.

Amazon apologized to the customer at the time, characterizing incidents like it as rare.

A year later, however, another swimming pool has clearly managed to intercept an Amazon delivery.

Pools Aren’t the Only Problem

Swimming pools haven’t been the only unexpected destinations for Amazon’s drones.

In another widely reported incident, an Amazon delivery drone came down in a residential garden after experiencing problems during operation. Other incidents have been considerably more serious than a wet package.

In February 2026, an Amazon Prime Air drone struck the exterior of an apartment complex in Richardson, Texas, before the damaged aircraft fell to the ground.

Amazon’s drone program has also faced scrutiny following collisions involving infrastructure. These episodes underscore the complexity of operating autonomous aircraft at scale in residential environments where drones must contend with buildings, trees, utility infrastructure, changing weather conditions and other obstacles.

Amazon says its latest MK30 drones use a sophisticated perception and “Detect-and-Avoid” system designed to identify obstacles and make navigation decisions autonomously.

That technology is going to become increasingly important because Amazon isn’t backing away from drone delivery.

It’s doing the opposite.

Amazon Plans a Massive Drone Delivery Expansion

Amazon announced this week that it intends to expand Prime Air to nearly 500 U.S. cities and towns by the end of 2026, a dramatic increase from the 11 locations where the service currently operates. New markets are expected to include areas around Chicago, Atlanta, Cleveland, Syracuse and Boise.

The company says each Prime Air location can serve communities within roughly a 7.5-mile radius. Its MK30 drones can transport eligible packages weighing up to five pounds, with Amazon targeting delivery times of roughly an hour or less.

Amazon has already completed hundreds of thousands of drone deliveries this year, according to Prime Air Vice President David Carbon.

The long-term ambitions are considerably larger.

Amazon CEO Andy Jassy has said the company believes drone delivery could eventually reach 30 million customers and handle as many as half a billion packages annually by 2030.

The appeal isn’t difficult to understand.

For small, lightweight purchases, a drone potentially eliminates much of the traditional last-mile delivery process. Instead of waiting for a delivery van to work its way through dozens or hundreds of stops, an individual aircraft can carry an order directly from a nearby fulfillment facility to a customer’s home.

Need sunscreen before heading outside? Batteries for a poolside speaker? A replacement part or bottle of test strips?

Amazon envisions those types of purchases arriving from the sky in less time than it might take someone to drive to a store and back.

The company says more than 60,000 products are already eligible for drone delivery in supported markets, ranging from household necessities to electronics.

That’s a compelling vision of where residential delivery could be headed.

The technology just needs to become consistently boring.

Right now, the occasional drone crash, unexpected landing or package taking a swim makes for an entertaining viral video. As Amazon expands Prime Air from a relatively limited program into hundreds of communities, however, the margin for these mistakes becomes increasingly important.

Delivering a bottle of vitamins into someone’s swimming pool is inconvenient and a little funny.

Doing the same thing with a smartphone probably isn’t.

Judging by the occasional package ending up at the bottom of a swimming pool, there are still a few bugs left to work out first.

4.8/5 - (51 votes)

Continue Reading

Read the Summer Issue of Pool Magazine

Read the Summer Edition of Pool Magazine
Add Pool Magazine on Google

See more of our coverage in your search results

Sponsored Advertisement
Sponsored Advertisement
Sponsored Advertisement

Pool News