Robert Sult's questions to Latham Group Inc (SWIM) leadership • Q1 2025
Question
An analyst from Baird, identified as Robert Sult, asked about the effective date of the recent price increases related to tariffs and whether there would be any lag in their mitigating effect. He also inquired about the company's progress in penetrating its target Master Planned Communities (MPCs).
Answer
CFO Oliver Gloe stated the tariff-related price increase is effective in early June, timed to align with the financial impact of the tariffs. CEO Scott Rajeski added that the company is initially targeting 3-5 of the 20 largest MPCs in Florida and Texas and plans to ramp up its presence as it secures builder partnerships.