---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-100410"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T21:58:23.077327+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Latham Q2 net sales up 60.3% to $180.9M; net loss of $53.6M; raises lower end of FY guidance

## Summary
- Net sales $180.9M (+60.3% YoY); net loss $53.6M vs net income $16.4M last year due to $75.5M non-cash stock-based compensation.
- Adjusted EBITDA $42.8M (+29.5% YoY) with 23.7% margin; six-month Adjusted EBITDA $76.4M (+144.7%).
- Raises FY2021 net sales guidance to $600-620M; Adjusted EBITDA guidance raised to $130-138M (prior $126-138M).
- New 170,000 sq ft fiberglass pool plant in Ontario, Canada; construction late 2021, operational by 2024.
- Cash $76.5M, total debt $237.3M; net cash from ops $14.2M in H1.

## SEC filing metadata
- accession: 0001104659-21-100410
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2021-08-05T23:59:59+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/1833197/000110465921100410/0001104659-21-100410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000110465921100410/tm2124197d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-100410
- JSON: https://secwatch.observer/filing/0001104659-21-100410.json
- Plain text: https://secwatch.observer/filing/0001104659-21-100410.txt

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