Latham Group

Latham Group, Inc. operates as a designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools, pool liners and pool covers. The company was founded on December 6, 2018 and is headquartered in Latham, NY.

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Latham Group reports resilient 2022 performance amidst market challenges

Latham Group's performance in 2022 showcased growth and resilience, with a strategic focus on innovation, cost management, and market differentiation.
While facing challenges such as macroeconomic uncertainty and seasonality, the company remains optimistic about opportunities in the pool market and its ability to outperform.
With a strong emphasis on continuous improvement and strategic investments, Latham Group is well-positioned to navigate challenges and drive sustainable growth in 2023 and beyond.

Latham Group exceeds Q1 expectations amidst sales challenges and opportunities

Latham Group's Q1 2023 performance showcased strong sales and operational efficiency, despite challenges in net sales and gross profit decline.
The company's focus on cost reduction, dealer recruitment, and product innovation positions it well for future growth and margin improvement.
Opportunities in fiberglass pool penetration, dealer optimism, and pricing strategies offer avenues for sustained success and market expansion.
Efforts to enhance lead quality, streamline operations, and adjust pricing as needed demonstrate proactive measures to navigate market dynamics.

Latham Group reports improved Q2 performance amidst market challenges

Latham Group's Q2 2023 performance showed improvement in net sales and gross margin.
While facing challenges in certain product segments, the company is actively managing costs and seizing growth opportunities.
With a strong liquidity position and ongoing cost-saving initiatives, Latham Group is poised for continued success.
Strategic focus on operational efficiency and product mix optimization will be key for future performance.

Latham Group excels in Q3, leveraging fiberglass trend amid challenges

Latham Group's Q3 performance reflects resilience and adaptability in navigating industry challenges, with a focus on innovation, cost efficiency, and market outperformance. Despite current uncertainties impacting consumer behavior, the company remains optimistic about long-term opportunities and its ability to maintain a strong balance sheet.

Latham Group reports robust earnings, eyes growth amid market challenges

Latham Group's Q4 2023 earnings call showcased strong financial performance, resilience in a challenging market, and a strategic focus on cost-saving initiatives and dealer network growth.
Despite market declines, the company's shift to fiberglass pools and efficient operations contributed to improved profitability and a strong financial position with over $100 million in cash.
While facing challenges such as an expected market decline, Latham remains confident in its ability to outperform, capitalize on opportunities, and drive long-term growth through strategic initiatives.

Latham Group (SWIM) exceeds Q1 expectations, poised for market rebound

Latham Group (SWIM) showcased strong performance in Q1 2024, exceeding guidance and maintaining financial resilience. Despite challenges in net sales and market dynamics, the company demonstrated agility and strategic focus on product innovation and dealer expansion.
With a solid balance sheet, improved gross margin, and increased adjusted EBITDA, Latham Group is well-equipped to navigate industry challenges and capitalize on growth opportunities. The company's response to dealer financing needs and pricing adjustments reflects adaptability in a changing market environment.
Looking ahead, Latham Group anticipates market rebound in the coming years and aims to leverage its strengths in product offerings, operational efficiency, and market reach. By addressing challenges and seizing opportunities, the company is poised for sustainable growth and market expansion.

Latham Group (SWIM) reports improved profitability and raises guidance for 2024

Latham Group (SWIM) showcased resilience in Q2 2024, with improved profitability despite lower sales volume. The company's strategic focus on driving awareness, acquisitions, and cost management positions it for future growth. Challenges in market conditions and pricing trends are being addressed through operational efficiencies and strategic initiatives.

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Latham Group, Inc. operates as a designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools, pool liners, and pool covers. The company was founded on December 6, 2018 and is headquartered in Latham, NY.

Latham Group, a leading designer and manufacturer of in-ground residential swimming pools, is expected to see further growth through its direct-to-owner marketing strategy and international expansion. I assumed that the new Latham Augmented Reality Pool Visualizer app will likely accelerate the demand for the products. Further digital and marketing efforts could improve the company's online presence and may bring further FCF growth.

Latham: Risks, But The Augmented Reality Pool Visualizer Could Surprise

State-of-the-art Facility Will Enable the Company's Continued Expansion into Eastern Canada and Northeast and Upper Midwest of the United States State-of-the-art Facility Will Enable the Company's Continued Expansion into Eastern Canada and Northeast and Upper Midwest of the United States

Latham Group, Inc. Celebrates Opening of New Fiberglass Swimming Pool Manufacturing Plant in Kingston, Ontario

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Start Time: 09:00 January 1, 0000 9:47 AM ET Latham Group, Inc. (NASDAQ:SWIM ) Q1 2023 Earnings Conference Call May 09, 2023, 09:00 AM ET Company Participants Scott Rajeski - President and CEO Mark Borseth - Interim CFO Nicole Harlowe - IR Conference Call Participants Sean Callan - Bank of America Matthew Bouley - Barclays Susan Maklari - Goldman Sachs Andrew Carter - Stifel Operator Good day, and welcome to the Latham Group First Quarter Fiscal 2023 Earnings Conference Call. All participants will be in listen-only mode.

Latham Group, Inc. (SWIM) Q1 2023 Earnings Call Transcript

Latham Group (SWIM) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to break-even earnings per share a year ago.

Latham Group (SWIM) Reports Q1 Loss, Tops Revenue Estimates

LATHAM, N.Y., May 09, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced financial results for the first quarter of its fiscal year 2023 ended April 1, 2023.

Latham Group, Inc. Reports First Quarter Fiscal 2023 Financial Results

NEW YORK , May 8, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Latham Group, Inc. (NASDAQ: SWIM). If you are a shareholder of Latham Group, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/latham-group-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Latham Group, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

PJT Partners

Mark Gerstein, a veteran dealmaker who stepped down from law firm Latham & Watkins in December, has joined PJT Partners Inc , the investment bank led by Paul Taubman, as a senior adviser.

Former Latham M&A co-chair Gerstein joins PJT Partners

LATHAM, N.Y., April 18, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the first quarter fiscal 2023 before the market opens on May 9, 2023. The Company will hold a conference call to discuss the results that same day at 9:00 a.m. Eastern Time.

Latham Group, Inc. Announces First Quarter Fiscal 2023 Earnings Release and Conference Call Date

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Brian Pratt Also Joins Board, Replacing Director Dane Derbyshire Brian Pratt Also Joins Board, Replacing Director Dane Derbyshire

Latham Group, Inc. Appoints DeLu Jackson to its Board of Directors

Latham Group, Inc. (NASDAQ:SWIM ) Q4 2022 Earnings Call Transcript March 7, 2023 9:00 AM ET Company Participants Nicole Harlowe Edelman - Investor Relations Scott Rajeski - President & Chief Executive Officer Rob Masson - Chief Financial Officer Conference Call Participants Elizabeth Langan - Barclays Tim Wojs - Baird Sean Callan - Bank of America Charles Perron-Piché - Goldman Sachs Josh Pokrzywinski - Morgan Stanley Andrew Carter - Stifel Operator Good morning, and welcome to the Latham Group, Inc. Fourth Quarter and Full Year Fiscal 2022 Earnings Conference Call. All participants will be in listen-only mode.

Latham Group, Inc. (SWIM) Q4 2022 Earnings Call Transcript

Latham Group (SWIM) delivered earnings and revenue surprises of -142.86% and 5.93%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Latham Group (SWIM) Reports Q4 Loss, Tops Revenue Estimates

Introduces Full Fiscal Year 2023 Outlook; Provides Guidance for First Quarter Fiscal 2023 Introduces Full Fiscal Year 2023 Outlook; Provides Guidance for First Quarter Fiscal 2023

Latham Group, Inc. Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

LATHAM, N.Y., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the fourth quarter and fiscal year 2022 before the market opens on March 7, 2023. The company will hold a conference call to discuss the results that same day at 9:00 a.m. Eastern Time.

Latham Group, Inc. Announces Fourth Quarter and Full Year Fiscal 2022 Earnings Release and Conference Call Date

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Tuscan and Enchantment Models Highlight This Year's New Pools for 2023 Tuscan and Enchantment Models Highlight This Year's New Pools for 2023

Latham Introduces New Fiberglass Pool Models

A new AI-powered measuring tool aimed to revolutionized how dealers measure vinyl liners and covers A new AI-powered measuring tool aimed to revolutionized how dealers measure vinyl liners and covers

Latham Group, Inc. Introduces Measure by Latham

Mark Borseth appointed as Interim Chief Financial Officer Mark Borseth appointed as Interim Chief Financial Officer

Latham Group, Inc. Announces Chief Financial Officer Transition; Reaffirms Fiscal 2022 Net Sales and Adjusted EBITDA Guidance

LATHAM, N.Y., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced that Scott Rajeski, President and Chief Executive Officer and Rob Masson, Chief Financial Officer, will host investor meetings at the Truist Securities 4th Annual Industrials and Services Summit in New York, NY on December 6, 2022. There will be no formal presentation or webcast at this event.

Latham Group, Inc. Announces Participation in the Truist Securities 4ᵗʰ Annual Industrials and Services Summit

Latham Group, Inc. (NASDAQ:SWIM ) Q3 2022 Earnings Conference Call November 10, 2022 9:00 AM ET Company Participants Nicole Briguet - Investor Relations Scott Rajeski - President and Chief Executive Officer Robert Masson - Chief Financial Officer Conference Call Participants Matt Bouley - Barclays Rafe Jadrosich - Bank of America Ryan Merkel - William Blair Kenneth Zener - KeyBanc Capital Markets Susan Maklari - Goldman Sachs Operator Welcome to the Latham Group Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

Latham Group, Inc. (SWIM) Q3 2022 Earnings Call Transcript

Latham Group (SWIM) delivered earnings and revenue surprises of -41.18% and 1.28%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Latham Group (SWIM) Q3 Earnings and Revenues Lag Estimates

Delivers Third Quarter Year-over-Year Net Sales Growth of 16.9%

Latham Group, Inc. Reports Third Quarter Fiscal 2022 Financial Results

PARIS--(BUSINESS WIRE)--Sia Partners accelerates in Life Sciences sector, creates Life Science Consulting division thanks to acquisition of Latham BioPharm Group.

News for Latham Group Stock (SWIM)