{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-045041","form_type":"8-K","ticker":"SWIM","cik":"0001833197","company_name":"Latham Group, Inc.","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.021746+00:00","generated_at":"2026-05-22T13:54:25.286231+00:00","sec_items":["2.02","9.01","5.02","5.07"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Latham Q1 sales up 0.7% to $111.4M, net loss narrows; CCO resigns; FY guidance maintained","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-045041","json":"https://secwatch.observer/filing/0001104659-25-045041.json","markdown":"https://secwatch.observer/filing/0001104659-25-045041.md","text":"https://secwatch.observer/filing/0001104659-25-045041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833197/000110465925045041/0001104659-25-045041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833197/000110465925045041/tm2514015d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T13:54:25.286231+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1db9ad6da5","claim":"Joshua D. Cowley resigned as Chief Commercial Officer at Latham Group, Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833197/000110465925045041/0001104659-25-045041-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Commercial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}