secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001104659-23-088590
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000110465923088590/0001104659-23-088590-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000110465923088590/tm2323013d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-088590

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