---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-086290"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:36:15.131812+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Latham Q2 net income $13.3M, EBITDA margin 21.5%; acquires Coverstar for $64.5M; raises FY EBITDA guidance to $75-85M

## Summary
- Q2 net sales $160.1M, down 9.6% YoY; net income $13.3M ($0.11 diluted EPS) up from $5.7M.
- Adjusted EBITDA $34.5M (21.5% margin), up 11.2% YoY; margin expanded 400 bps.
- Acquired Coverstar Central for $64.5M cash; expected to add ~$20M annual sales and be immediately accretive.
- FY2024 guidance raised: net sales $495-525M, adjusted EBITDA $75-85M (prior $60-70M).
- Q2 operating cash flow $52M; net debt leverage fell to 2.1x from 2.7x in Q1.

## SEC filing metadata
- accession: 0001104659-24-086290
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833197/000110465924086290/0001104659-24-086290-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000110465924086290/tm2420590d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-086290
- JSON: https://secwatch.observer/filing/0001104659-24-086290.json
- Plain text: https://secwatch.observer/filing/0001104659-24-086290.txt

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