{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-088590","form_type":"8-K","ticker":"SWIM","cik":"0001833197","company_name":"Latham Group, Inc.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.582037+00:00","generated_at":"2026-06-12T02:46:04.832799+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Latham Q2 net sales $177.1M, down 14.3% YoY; guides FY net sales $570-600M","bullets":["Net sales $177.1M (-14.3% YoY); net income $5.7M vs $4.3M; adjusted EBITDA $31.0M (17.5% margin).","Six-month net sales $314.8M (-21% YoY); net loss $8.7M vs net income $1.5M; adjusted EBITDA $42.0M.","Tightened FY2023 guidance: net sales $570-600M, adjusted EBITDA $90-100M, capex $32-38M.","Total liquidity $118.1M (cash $43.1M + $75M revolver), up 44% from Q1 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-088590","json":"https://secwatch.observer/filing/0001104659-23-088590.json","markdown":"https://secwatch.observer/filing/0001104659-23-088590.md","text":"https://secwatch.observer/filing/0001104659-23-088590.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923088590/0001104659-23-088590-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923088590/tm2323013d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T02:46:04.832799+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":"237650fa3de6851f157d077406c1a226b2993fce","claim":"Latham Group, Inc. reported fiscal second quarter ended July 1, 2023 results: revenue $177.1 million, net income $5.7 million, EPS $0.05 per share. Guidance reaffirmed.","evidence_excerpt":"today announced financial results for the second quarter and six months of its fiscal year 2023 ended July 1, 2023. Second Quarter Fiscal 2023 Highlights: · Net sales of $177.1 million, down 14.3% year-over-year · Net income of $5.7 million and representing a 3.2% net income margin, versus net income of $4.3 million in the prior year period · Adjusted EBITDA of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923088590/0001104659-23-088590-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter ended July 1, 2023"},{"label":"Revenue","value":"$177.1 million"},{"label":"Net income","value":"$5.7 million"},{"label":"EPS","value":"$0.05 per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f12ee4d1949ac1adc40a4d2ba592324439cdc634","claim":"Latham Group, Inc. reported six months ended July 1, 2023 results: revenue $314.8 million, net income Net loss of $8.7 million, EPS ($0.08) per share. Guidance reaffirmed.","evidence_excerpt":"Six Months Fiscal 2023 Highlights: · Net sales of $314.8 million, down 21.0% year-over-year · Net loss of $8.7 million and representing a (2.7%) net loss margin, versus net income of $1.5 million in the prior year period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923088590/0001104659-23-088590-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended July 1, 2023"},{"label":"Revenue","value":"$314.8 million"},{"label":"Net income","value":"Net loss of $8.7 million"},{"label":"EPS","value":"($0.08) per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}