Latham Group Q1 net sales up 5.3% to $117.3M; reaffirms FY 2026 guidance

Latham Group, Inc.

2026-Q1 EPS reported -$0.07 revenue$117,315,000

Net loss of $8.5M ($0.07 diluted EPS) vs $6.0M loss in prior year; adjusted EBITDA +9.2% to $12.2M.
Gross margin expanded 220 bps to 31.7% on volume leverage and lean manufacturing.
All three product lines grew: pools $59.7M, covers $33.5M, liners $24.1M; Florida fiberglass pool sales up double-digits.
FY 2026 guidance reaffirmed: net sales $580M-$610M, adjusted EBITDA $105M-$120M.
Shareholders approved increase of 3.4M shares under 2021 Omnibus Equity Incentive Plan.

item 2.02 item 9.01 item 5.02 item 5.07

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Latham Group, Inc. reported the fiscal first quarter ended March 28, 2026 results: revenue $117.3 million, net income $8.5 million, EPS $0.07 per diluted share. Guidance reaffirmed.

Period: the fiscal first quarter ended March 28, 2026
Revenue: $117.3 million
Net income: $8.5 million
EPS: $0.07 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Efficiencies • Reaffirms Full Year Guidance for 9.0% Net Sales Growth and 12.7% Adjusted EBITDA Growth at the Midpoints First Quarter 2026 Financial Highlights: • Net sales of $117.3 million, up 5.3% • Net loss of $8.5 million / Net loss per diluted share of $0.07 • Adjusted EBITDA of $12.2 million / 10.4% of net sales LATHAM, N.Y. – May 5, 2026 – Latham Group, Inc.

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

Latham Group, Inc. shareholders approved Approval of Amendment to the Latham Group, Inc. 2021 Omnibus Equity Incentive Plan at the 2026-04-30 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2026-04-30

Exact text from the filing

Proposal 3: Approval of Amendment to the Latham Group, Inc. 2021 Omnibus Equity Incentive Plan For Against Abstain Broker Non-Votes 95,094,524 5,050,442 337,687 5,444,450

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

Latham Group, Inc. shareholders approved Election of Class II Directors at the 2026-04-30 meeting.

Proposal: director election
Outcome: passed
Meeting: 2026-04-30

Exact text from the filing

Proposal 1: Election of Class II Directors Nominee For Withheld Broker Non-Votes Frank J. Dellaquila 87,109,803 13,372,850 5,444,450 Sean Gadd 94,788,642 5,694,011 5,444,450 William M. Pruellage 82,179,598 18,303,055 5,444,450

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

Latham Group, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-04-30 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2026-04-30

Exact text from the filing

Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm For Against Abstain 101,232,411 4,673,417 21,275

View on SEC.gov

Browse all earnings releases →

Latham Group, Inc. filing history →

Source: SEC EDGAR

accession 0001833197-26-000022

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.