---
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"
generated_at: "2026-06-12T02:46:04.832799+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Latham Q2 net sales $177.1M, down 14.3% YoY; guides FY net sales $570-600M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-088590
- JSON: https://secwatch.observer/filing/0001104659-23-088590.json
- Plain text: https://secwatch.observer/filing/0001104659-23-088590.txt

## Key facts
- Earnings Releases
  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.
  - Period: fiscal second quarter ended July 1, 2023
  - Revenue: $177.1 million
  - Net income: $5.7 million
  - EPS: $0.05 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1833197/000110465923088590/0001104659-23-088590-index.htm
- Earnings Releases
  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.
  - Period: six months ended July 1, 2023
  - Revenue: $314.8 million
  - Net income: Net loss of $8.7 million
  - EPS: ($0.08) per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1833197/000110465923088590/0001104659-23-088590-index.htm

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