secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001104659-25-045041
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01, 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000110465925045041/0001104659-25-045041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000110465925045041/tm2514015d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-045041

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