secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001104659-25-020304
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000110465925020304/0001104659-25-020304-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000110465925020304/tm258083d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-020304

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer