secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001833197-26-000022
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01, 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000183319726000022/0001833197-26-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000183319726000022/swim-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001833197-26-000022

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