---
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"
generated_at: "2026-06-02T19:56:00.184423+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Latham Group Q1 sales $110.6M, net loss $7.9M, adj. EBITDA $12.3M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- 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/1833197/000110465924058015/0001104659-24-058015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000110465924058015/tm2413566d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-058015
- JSON: https://secwatch.observer/filing/0001104659-24-058015.json
- Plain text: https://secwatch.observer/filing/0001104659-24-058015.txt

## Key facts
- Earnings Releases
  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.
  - Period: the fiscal first quarter ended March 30, 2024
  - Revenue: $110.6 million
  - Net income: $7.9 million
  - EPS: $0.07 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1833197/000110465924058015/0001104659-24-058015-index.htm

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