secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K/A
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0001104659-26-023572
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latham corrects cash flow, reports Q4 sales up 14.5% to $100M, FY net income $11.1M
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- Corrected FY 2025 operating cash flow to $63.4M (previously $51.4M) due to $12M deposit reclassification.
- Q4 net sales $100.0M (+14.5% YoY); net loss $7.0M vs $29.2M loss a year ago; Adj. EBITDA $10.5M (+189.6%).
- FY 2025 net sales $545.9M (+7.4%); net income $11.1M vs $17.9M loss; Adj. EBITDA $99.8M (+24.4%).
- Acquired Freedom Pools (Feb 26, 2026) adding ~$20M sales, ~$4M Adj. EBITDA annually; accretive immediately.
- FY 2026 guidance: net sales $580-610M (midpoint +9.0%), Adj. EBITDA $105-120M (midpoint +12.7%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000110465926023572/0001104659-26-023572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000110465926023572/tm268040d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-023572

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