{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-115002","form_type":"8-K","ticker":"SWIM","cik":"0001833197","company_name":"Latham Group, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.868588+00:00","generated_at":"2026-06-08T17:10:53.983031+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Latham Q3 sales $160.8M (-15% YoY), guidance lowered for FY2023","bullets":["Net sales $160.8M, down 15.1% YoY; net income $6.2M vs $11.9M prior year.","Adjusted EBITDA $36.1M, 22.4% margin, down 14.6% YoY but margin flat.","FY2023 guidance reduced: net sales $555-570M, Adj. EBITDA $82-87M.","Strong cash flow; repaid $10M debt; cash $78.1M, total debt $301.6M.","CEO states industry softness will last longer than previously assumed."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-115002","json":"https://secwatch.observer/filing/0001104659-23-115002.json","markdown":"https://secwatch.observer/filing/0001104659-23-115002.md","text":"https://secwatch.observer/filing/0001104659-23-115002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923115002/0001104659-23-115002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923115002/tm2329948d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T17:10:53.983031+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":"5d13020bbef3edc9b503c496263806ee073d1500","claim":"Latham Group, Inc. reported the fiscal third quarter ended September 30, 2023 results: revenue $160.8 million, net income $6.2 million, EPS $0.05 per share. Guidance reaffirmed.","evidence_excerpt":"announced financial results for the third quarter and first nine months of its fiscal year 2023 ended September 30, 2023. Third Quarter Fiscal 2023 Highlights: · Net sales of $160.8 million, down 15.1% year-over-year · Net income of $6.2 million versus net income of $11.9 million in the prior year period, representing a 3.8% net income margin · Adjusted EBITDA of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833197/000110465923115002/0001104659-23-115002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal third quarter ended September 30, 2023"},{"label":"Revenue","value":"$160.8 million"},{"label":"Net income","value":"$6.2 million"},{"label":"EPS","value":"$0.05 per share"},{"label":"Guidance","value":"reaffirmed"},{"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"}