---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-020304"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2025-03-04T23:59:59+00:00"
generated_at: "2026-05-25T15:11:13.605307+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Latham Group Q4 net loss $29.2M; FY loss $17.9M; guides FY25 sales +8%, Adj. EBITDA +19%

## Summary
- Q4 net sales $87.3M (-4% YoY); net loss $29.2M ($0.25/diluted share) vs prior year net income $0.1M.
- FY net sales $508.5M (-10.2%); net loss $17.9M ($0.15/share) vs $2.4M loss in 2023; gross margin expanded 320 bps to 30.2%.
- 2025 guidance: net sales $535-565M (midpoint ~8% growth); Adj. EBITDA $90-100M (midpoint ~19% growth); capex $27-33M.
- Cash $56.4M after $65M Coverstar Central acquisition and $21M debt repayment; net debt leverage 2.8x.

## SEC filing metadata
- accession: 0001104659-25-020304
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2025-03-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833197/000110465925020304/0001104659-25-020304-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000110465925020304/tm258083d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-020304
- JSON: https://secwatch.observer/filing/0001104659-25-020304.json
- Plain text: https://secwatch.observer/filing/0001104659-25-020304.txt

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