Highest-materiality recent filing
Latham Group Q1 net sales up 5.3% to $117.3M; reaffirms FY 2026 guidance
Net loss of $8.5M ($0.07 diluted EPS) vs $6.0M loss in prior year; adjusted EBITDA +9.2% to $12.2M.
Latham corrects cash flow, reports Q4 sales up 14.5% to $100M, FY net income $11.1M
Corrected FY 2025 operating cash flow to $63.4M (previously $51.4M) due to $12M deposit reclassification.
Latham posts Q4 net sales $100M (+14.5%), full-year net income $11.1M, guides FY2026 sales $580-610M
Q4 net sales $100.0M (+14.5% YoY); net loss narrowed to $7.0M from $29.2M loss.
Latham Group names Sean Gadd as new CEO; Scott Rajeski retires after 8 years
Scott Rajeski to retire as CEO and board member effective Jan 4, 2026; will serve as special advisor for ~6 months.
Latham Group Q3 net sales up 7.6% to $161.9M, raises FY2025 guidance midpoints
Net sales $161.9M (+7.6% YoY), net income $8.1M (+37.7%), diluted EPS $0.07 vs $0.05.
Net sales $172.6M (+7.8% YoY); net income $16.0M ($0.13 diluted EPS) vs $13.3M ($0.11) in Q2 2024.
Latham Group Q4 net loss $29.2M; FY loss $17.9M; guides FY25 sales +8%, Adj. EBITDA +19%
Q4 net sales $87.3M (-4% YoY); net loss $29.2M ($0.25/diluted share) vs prior year net income $0.1M.
Latham Q3 net sales down 6.4% YoY to $150.5M; narrows FY2024 guidance
Net sales of $150.5M, down from $160.8M YoY; net income $5.9M ($0.05 EPS), flat vs $6.2M prior year.
Q2 net sales $160.1M, down 9.6% YoY; net income $13.3M ($0.11 diluted EPS) up from $5.7M.
Latham Group Q1 sales $110.6M, net loss $7.9M, adj. EBITDA $12.3M
Net sales $110.6M, down 19.7% YoY; gross margin expanded 350 bps to 27.7%.
Latham Group Q4 sales $90.9M (-15.8% YoY); FY net loss $2.4M; guides 2024 sales $490-520M
Q4 net sales $90.9M, down 15.8% YoY; net income $0.1M vs loss $19.0M prior year.
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.
On October 9, 2024, Robert D. Evans notified the Board of Directors (the “Board”) of Latham Group, Inc. (the “Company”) that he will resign as a Class II member of the Board and as Chair of the Audit Committee of the Board (the “Audit Committee”), each effective immediately.
On October 9, 2024, the Board appointed Frank J. Dellaquila, age 67, to the Board as a Class II member of the Board and to serve as Chair of the Audit Committee, in each case effective immediately to fill the vacancy upon the resignation of Mr. Evans.
On February 21, 2024, Alexander L. Hawkinson notified the Board of Directors (the “Board”) of Latham Group, Inc. (the “Company”) that he is resigning as a Class III member of the Board, effective immediately.
Max materiality 0.85 · Median 0.70 · Most common event earnings