secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0000950142-21-003667
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latham Q3 net sales up 27% to $162M, but net loss of $11.3M; affirms FY guidance
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- Net sales $162.0M, +27% YoY; net loss $11.3M vs net income $17.7M prior year.
- Adjusted EBITDA $36.1M, +2.7% YoY; margin fell to 22.3% from 27.6%.
- Raw material shortages constrained fiberglass pool volume and profit flow-through.
- Reaffirms FY2021 net sales $600-$620M and Adj. EBITDA $130-$138M guidance.
- Narrows FY2021 capex to $24-$28M from prior $28-$36M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000095014221003667/0000950142-21-003667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000095014221003667/eh210201315_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-21-003667

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer