{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-058015","form_type":"8-K","ticker":"SWIM","cik":"0001833197","company_name":"Latham Group, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.568013+00:00","generated_at":"2026-06-02T19:56:00.184423+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Latham Group Q1 sales $110.6M, net loss $7.9M, adj. EBITDA $12.3M","bullets":["Net sales $110.6M, down 19.7% YoY; gross margin expanded 350 bps to 27.7%.","Net loss $7.9M ($0.07/share) vs $14.4M loss ($0.13) in Q1 2023.","Adjusted EBITDA $12.3M, up 11.4% YoY; margin 11.1% vs 8.0%.","Reaffirmed FY2024 guidance: net sales $490-520M, adj. EBITDA $60-70M.","Ended Q1 with cash $43.8M; repaid $18.8M debt; net debt leverage 2.7x."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-058015","json":"https://secwatch.observer/filing/0001104659-24-058015.json","markdown":"https://secwatch.observer/filing/0001104659-24-058015.md","text":"https://secwatch.observer/filing/0001104659-24-058015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833197/000110465924058015/0001104659-24-058015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833197/000110465924058015/tm2413566d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:56:00.184423+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":"1ab2eb74cb63ae33cc17bf6440a115cdda75273b","claim":"Latham Group, Inc. reported the fiscal first quarter ended March 30, 2024 results: revenue $110.6 million, net income $7.9 million, EPS $0.07 per share. Guidance reaffirmed.","evidence_excerpt":"ults Benefitted from Strong Execution, Cost Savings, and Value Engineering and Productivity Initiatives · Fiberglass Pools Continued to Show Relative Strength · Company Re-Affirms Full Year 2024 Guidance First Quarter 2024 Financial Highlights: · Net sales of $110.6 million · Net loss of $7.9 million · Adjusted EBITDA of $12.3 million LATHAM, N.Y.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833197/000110465924058015/0001104659-24-058015-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal first quarter ended March 30, 2024"},{"label":"Revenue","value":"$110.6 million"},{"label":"Net income","value":"$7.9 million"},{"label":"EPS","value":"$0.07 per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}