{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-029306","form_type":"8-K","ticker":"SWIM","cik":"0001833197","company_name":"Latham Group, Inc.","filed_at":"2023-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.934177+00:00","generated_at":"2026-06-18T10:12:23.003356+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Latham reports Q4 net sales down 22.3% YoY to $107.9M; guides FY2023 net sales $565M-$615M","bullets":["Q4 net loss of $19.0M ($0.17/share) vs. net loss of $6.0M a year ago; Adjusted EBITDA $4.4M (4.1% margin), down 84% YoY.","Full-year FY2022 net sales $695.7M (+10.4% YoY), net loss $5.7M, Adjusted EBITDA $143.3M (+2.5% YoY, margin 20.6%).","FY2023 guidance: net sales $565M-$615M, Adjusted EBITDA $90M-$110M, capex $35M-$40M; Q1 2023 net sales $120M-$130M, Adj. EBITDA $6M-$10M.","Cites macro uncertainty, wholesale destocking, and return to seasonality as headwinds; plans to open Kingston, Ontario fiberglass facility in 2023.","Cash $32.6M, total debt $312.9M, undrawn revolver $75M as of Dec 31, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-029306","json":"https://secwatch.observer/filing/0001104659-23-029306.json","markdown":"https://secwatch.observer/filing/0001104659-23-029306.md","text":"https://secwatch.observer/filing/0001104659-23-029306.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923029306/0001104659-23-029306-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923029306/tm238566d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T10:12:23.003356+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d2f45e55dcc0446ff8d8791c24c07220f58ad496","claim":"Latham Group, Inc. reported preliminary financial results for the fiscal fourth quarter and year ended December 31, 2022.","evidence_excerpt":"On March 7, 2023, Latham Group, Inc. (the “Company”) issued a press release announcing its preliminary results for the fiscal fourth quarter and year ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923029306/0001104659-23-029306-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter and year ended December 31, 2022"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}