LESL Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Market recovery and improved retail sales could lead LESL to regain investor confidence, resulting in significant price gains in the near to medium term.




Bearish Case: Continued macroeconomic pressures and persistent retail sector struggles could further depress LESL's stock price, reinforcing recent downward trends and eroding investor sentiment.




Potential Outcomes:

1. Macroeconomic improvement (35%).

2. Continued retail struggles (30%).

3. Short-term earnings surprise (20%).

4. Significant restructuring uncertainty (15%).




Trading Oracle: Consider implementing a bullish debit spread strategy: Buy Dec 2024 $3 calls and sell $4 calls. This minimizes risk while capitalizing on potential rebounds as bullish sentiment may emerge from improving economic indicators. Monitor earnings closely for potential adjustments to this position.



November 15, 2024


Leslies Forecast

LESL        Leslies











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