secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001104659-24-033474
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000110465924033474/0001104659-24-033474-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000110465924033474/tm248539d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-033474

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