Leslie’s Pools filed Chapter 11 bankruptcy on Sept. 30 and plans to close 76 stores.
The company detailed the filing in a document posted on the SEC’s website.
“On September 30, 2026, Leslie’s, Inc.and its subsidiaries Leslie’s Poolmart, Inc., Cortz, Inc., LPM Manufacturing, Inc., Horizon Spa & Pool Parts, Inc., Hot Tub Works, LLC, Pool Parts, Inc., RAM Chemical & Supply, Inc., SPP Holding Corporation and Stellar Manufacturing, LLC filed voluntary petitions under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of Texas to implement a pre-arranged chapter 11 plan of reorganization,” it shared.
The company has entered into a Restructuring Support Agreement (RSA) with a group of its existing lenders to reorganize its business.
“The RSA includes commitments for $90 million of new-money debtor-in-possession (DIP) financing and a $60 million equity financing, with the equity financing fully backstopped by certain of the RSA parties, and a reduction of approximately $685 million, or 90%, of the company’s outstanding funded debt,” the company shared in a press release.
As part of the company’s reorganization plan, it will be shutting down 76 stores. Those locations were not shared in the press release, but they are included in the bankruptcy filing on PacerMonitor.
These are the Leslie’s Pool stores that are closing
Many of the 76 stores Leslie’s will shut down have already closed.
Arizona
2814 N. 44th St., Phoenix (already closed)
4848 E. Cactus Road, Phoenix (already closed)
3130 S. McClintock Drive, Tempe (already closed)
California
11900 South St., Cerritos
20543 Devonshire St., Chatsworth
5100 Clayton Road, Concord
222 Diamond Bar Blvd., Diamond Bar
270 El Camino Real N, Encinitas
35700 Fremont Blvd., Fremont
3756 N. Blackstone Ave., Fresno
17618 Chatsworth St., Granada Hills
2651 Foothill Blvd., La Crescenta
23778 Mercury Road, Lake Forest
2160 E. Pacheco Blvd., Los Banos
2553 Via Campo, Montebello
1945 W. El Camino Real, Mountain View
220 Vintage Way, Novato
72333 Highway 111, Palm Desert
2421 Golden Hills Road, Paso Robles
4517 Century Blvd., Pittsburg
905 Main Str., Ramona
8967 Mira Mesa Blvd., San Diego
1988 Tully Road, San Jose
3211 Crow Canyon Place, San Ramon
3218 State St., Santa Barbara
2851 S. Highland Ave., Selma
1308 E. Prosperity Ave., Tulare
1092 Irvine Blvd., Tustin
2246 Oak Grove Road, Walnut Creek
Connecticut
38 Pershing Drive, Derby
Florida
113 N. Congress Ave., Boynton Beach (already closed)
1534 W. Brandon Blvd., Brandon
1530 N. McMullen Booth Road, Clearwater
1641 Gulf to Bay Blvd., Clearwater
7106 W. University Ave., Gainesville
5321 Sheridan St., Hollywood (already closed)
2814 Lee Blvd., Lehigh Acres
12779 S.W. 88th St., Miami (already closed)
1688 N.E. Miami Gardens Drive, Miami (already closed)
419 S. Chicksaw Trail, Orlando
6901 Okeechobee Blvd., West Palm Beach (already closed)
1263 S. Federal Highway, Pompano Beach (already closed)
1900 Tamiami Trail, Port Charlotte
4284 Bee Ridge Road, Sarasota
6753 Thomasville Road, Tallahassee
5402 Pioneer Park Blvd., Suite D, Tampa
8299 N. Pine Island Road, Tamarac (already closed)
1151 S. Pinellas Ave., Tarpon Springs
Georgia
2985 Chapel Hill Road, Douglasville
Illinois
320 Industrial Drive W, Chicago
Indiana
1370 Veterans Parkway, Clarksville
835 Beachway Drive, Indianapolis
6030 Central Ave., Portage
Kansas
1570 S.W. Wannamaker Road, Topeka
Kentucky
130 W. Tiverton Way, Lexington
Maryland
913 Reisterstown Road, Pikesville
Massachusetts
185 Washington St,. Attleboro
1285 Belmont St., Brockton
Missouri
607 S.W. U.S. Highway 40, Blue Springs
Nevada
7955 Blue Diamond Road, Las Vegas
New Jersey
500 S. River St., Hackensack
New York
4900 Transit Road, Depew
125 W. Montauk Highway, Hampton Bays
285 S. Broadway, Hicksville
Rhode Island
1089 Bald Hill Road, Warwick
Texas
9600 S. Interstate 35, Austin
11750 U.S. Highway 380, Crossroads
9540 Garland Road, No. 186, Dallas
11661 Preston Road, Dallas
7911B FM 1960 Road W, Houston
6890 Highway 6 S, Houston
6769 Highway 6 N, Houston
2714 W. Lake Houston Parkway, Humble
23023 Clay Road, Katy
2301 Ranch Road 620 S, Lakeway
8930 State Highway 121, McKinney
6245 Highway 6, Missouri City
5712 Fairmont Parkway, Pasadena
230 W. Parker Road, Plano
3136 Independence Parkway, Plano
1455 Austin Highway, San Antonio
2301 W. Southlake Blvd., Southlake
6941 Spring Stuebner Road, Spring
Virginia
9970 Liberia Ave., Manassas
6414 E. Virginia Beach Blvd., Norfolk
These closures follow the shutdown of approximately 80 underperforming stores as part of a cost-reduction and operational restructuring plan during Q1 fiscal 2026, according to Leslie’s Q1 earnings release.
Leslie’s Pools also offers at-home pool services.Shutterstock
Leslie’s isn’t going out of business
CEO Jason McDonell tried to reassure customers that the chain would not be shutting down.
“Leslie’s is here to stay, and I am deeply grateful to our employees, customers, and partners for their continued support as we work to position Leslie’s for a strong future,” he said in the press release.
He insisted that, aside from the store closures, operations would continue as usual.
“Importantly, Leslie’s remains fully operational and committed to serving customers without interruption, including through its physical stores and digital platforms,” the company shared.
Leslie’s will still be accepting gift cards, returns, and store credit.
The company faces a challenging road back, according to RTM Nexus CEO Dominick Miserandino.
He thinks that Leslie’s has lost an important advantage as more consumers can easily find the products it sells online and at mass retailers.
“Leslie’s has a tough problem because a lot of what it sells simply isn’t hard to find anymore. That puts a lot of pressure on Leslie’s to justify why the customer needs them. The expertise and service still have value, particularly when something goes wrong with a pool, but that’s a much narrower advantage than simply being the place where people buy pool supplies,” he told TheStreet.
Leslie’s Chapter 11 filing: key facts
Filed Chapter 11 on Sept. 30, 2026, in the U.S. Bankruptcy Court for the Southern District of Texas.
$1.21 billion in liabilities versus $722.2 million in assets at filing, according to the bankruptcy petition.
$685 million of funded debt will be eliminated, roughly 90% of outstanding funded debt, under the restructuring agreement with lenders.
$90 million in new-money DIP financing will help fund operations during Chapter 11, plus $60 million in equity financing.
Creditors will take control of the company through the restructuring, with existing lenders supporting the prearranged deal. More than 80% of existing lenders supported the restructuring agreement.
The operating business had already deteriorated sharply before the filing. Leslie’s reported fiscal Q3 2026 sales of $458.5 million, down 8.4%, while comparable sales fell 6.2%. For the first nine months, sales were $790.4 million, down 7.3%. The company attributed the decline primarily to lower store traffic and transactions, a softer summer pool season and store closures.
Leslie’s had 943 company-operated locations in 38 states as of July 4, 2026, along with e-commerce websites.
The company said the retail environment remained challenging, citing reduced and delayed consumer spending in pool and spa care and increased consumer price sensitivity after persistent inflation. Those conditions contributed to “substantial doubt” about its ability to continue as a going concern.Sources: PacerMonitor, Leslie’s press release, Leslie’s Q3 earnings report
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