Latham Q1 sales up 0.7% to $111.4M, net loss narrows; CCO resigns; FY guidance maintained

Latham Group, Inc.

2025-Q1 EPS reported -$0.05 revenue$111,420,000

Net sales $111.4M (+0.7% YoY); net loss $6.0M vs $7.9M; diluted EPS -$0.05 vs -$0.07.
Adjusted EBITDA $11.1M (10.0% margin), down 9.4% YoY amid higher SG&A for growth investments.
Gross margin expanded 190bps to 29.5% on lean manufacturing and value engineering initiatives.
FY2025 guidance maintained: sales $535-565M, Adj EBITDA $90-100M; tariff exposure ~15-20% of raw material imports.
CCO Joshua D. Cowley resigns effective May 16, 2025 to pursue another opportunity.

item 2.02 item 9.01 item 5.02 item 5.07

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Joshua D. Cowley

Chief Commercial Officer

SWIM · Latham Group, Inc.

Effective: 2025-05-16
Filed: May 6, 2025, 7:59 PM ET

On May 1, 2025, Joshua D. Cowley, Chief Commercial Officer of the Company, notified the Company that he will resign from his position with the Company effective as of May 16, 2025 to pursue another opportunity.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Joshua D. Cowley resigned as Chief Commercial Officer at Latham Group, Inc..

Action: resigned
Role: Chief Commercial Officer

Exact text from the filing

On May 1, 2025, Joshua D. Cowley, Chief Commercial Officer of the Company, notified the Company that he will resign from his position with the Company effective as of May 16, 2025 to pursue another opportunity.

View on SEC.gov

Latham Group, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-045041

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.