---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-22-003130"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T23:45:51.345426+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Latham Group Q3 net sales +16.9% to $189.4M; guides FY net sales $685-700M, down from $750-770M

## Summary
- Q3 net income $11.9M ($0.10/sh) vs loss $11.3M ($0.10 loss) YoY; adjusted EBITDA $42.3M (+17%).
- FY 2022 net sales guidance cut to $685-700M from $750-770M; adjusted EBITDA to $140-145M from $165-175M.
- Cost reduction actions: workforce reduction and Bossier City, LA closure; ~$2M charges, $12M annualized savings.
- Acquired fiberglass pool manufacturing assets in Seminole, OK; production expected early 2023.
- Nine-month net sales $587.8M (+19.6%); net income $13.3M vs loss $56.4M; adjusted EBITDA $138.9M (+23.5%).

## SEC filing metadata
- accession: 0000950142-22-003130
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833197/000095014222003130/0000950142-22-003130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000095014222003130/eh220302766_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-22-003130
- JSON: https://secwatch.observer/filing/0000950142-22-003130.json
- Plain text: https://secwatch.observer/filing/0000950142-22-003130.txt

## Key facts
- Earnings Releases
  Latham Group, Inc. reported nine months ended October 1, 2022 results: revenue $587.8 million, net income $13.3 million, EPS $0.12 per share.
  - Period: nine months ended October 1, 2022
  - Revenue: $587.8 million
  - Net income: $13.3 million
  - EPS: $0.12 per share
  - Result: preliminary results
  source text: Net sales for the nine months ended October 1, 2022 increased to $587.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833197/000095014222003130/0000950142-22-003130-index.htm
- Earnings Releases
  Latham Group, Inc. reported third quarter of its fiscal year 2022 ended October 1, 2022 results: revenue $189.4 million, net income $11.9 million, EPS $0.10 per share.
  - Period: third quarter of its fiscal year 2022 ended October 1, 2022
  - Revenue: $189.4 million
  - Net income: $11.9 million
  - EPS: $0.10 per share
  - Result: preliminary results
  source text: and New Zealand, today announced financial results for the third quarter of its fiscal year 2022 ended October 1, 2022. Third Quarter Fiscal 2022 Highlights: · Net sales of $189.4 million, up 16.9% year-over-year · Net income of $11.9 million versus net loss of $11.3 million in the prior year period, representing a 6.3% net income margin · Adjusted EBITDA of $42.3
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833197/000095014222003130/0000950142-22-003130-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.