---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-033474"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:20:56.816013+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Latham Group Q4 sales $90.9M (-15.8% YoY); FY net loss $2.4M; guides 2024 sales $490-520M

## Summary
- Q4 net sales $90.9M, down 15.8% YoY; net income $0.1M vs loss $19.0M prior year.
- Full year net sales $566.5M (-18.6% YoY); net loss $2.4M vs $5.7M prior year.
- Adjusted EBITDA Q4 $9.9M (10.9% margin) vs $4.4M; FY $88.0M (15.5% margin) vs $143.3M.
- Cash $102.8M at year-end, record; net debt leverage 2.25; operating cash flow $116.4M.
- FY 2024 guidance: net sales $490-520M, adjusted EBITDA $60-70M, capex $18-22M.

## SEC filing metadata
- accession: 0001104659-24-033474
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1833197/000110465924033474/0001104659-24-033474-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000110465924033474/tm248539d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-033474
- JSON: https://secwatch.observer/filing/0001104659-24-033474.json
- Plain text: https://secwatch.observer/filing/0001104659-24-033474.txt

## Key facts
- Earnings Releases
  Latham Group, Inc. updated its the fiscal fourth quarter and year ended December 31, 2023 guidance (initiated).
  - Period: the fiscal fourth quarter and year ended December 31, 2023
  - Guidance: initiated
  - Result: preliminary results
  source text: On March 12, 2024, Latham Group, Inc. (the "Company") issued a press release announcing its preliminary results for the fiscal fourth quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833197/000110465924033474/0001104659-24-033474-index.htm

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