secwatch.observer — SEC 8-K summary
======================================

Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001104659-22-032214
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latham Group Q4 sales up 24% to $138.9M; FY2022 guidance $850-880M revenue
--------------------------------------------------------------------------

- Q4 net sales $138.9M (+24.1% YoY); Adj. EBITDA $27.3M (+56.5%), margin 19.7%.
- FY2021 net sales $630.5M (+56.3% YoY); Adj. EBITDA $139.8M (+66.8%), margin 22.2%.
- GAAP net loss $62.3M ($0.56/share) for FY2021 due to $128.8M non-cash stock compensation.
- FY2022 guidance: net sales $850-880M, Adj. EBITDA $185-205M, capex $45-60M.
- Q1 2022 net sales expected $170-180M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000110465922032214/0001104659-22-032214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000110465922032214/tm228522d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-032214

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