secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0000950142-22-002482
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latham Group Q2 net sales $206.8M (+14.3% YoY); FY22 guidance cut as packaged pools soften
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- Net sales $206.8M (+14.3% YoY); net income $4.3M vs loss $53.6M; Adj EBITDA $48.7M (+13.5%).
- Repurchased 2M shares for $15M in Q2; $85M remains under buyback authorization.
- FY22 outlook cut: net sales now $750-770M (prev $850-880M); Adj EBITDA $165-175M (prev $185-205M).
- Softness in packaged pools due to destocking and weather; fiberglass pool demand remains robust.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000095014222002482/0000950142-22-002482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000095014222002482/eh220278294_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-22-002482

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