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Latham Group (SWIM)

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Earnings summaries and quarterly performance for Latham Group.

Recent press releases and 8-K filings for SWIM.

SWIM Reports Strong Q3 2025 Results and Narrows Full-Year Guidance
SWIM
Earnings
Guidance Update
  • Latham Group (SWIM) reported Q3 2025 net sales of $162 million, an increase of 7.6% year-over-year, with adjusted EBITDA growing 28.5% to $38.3 million.
  • The company achieved gross margin expansion of 300 basis points to 35.4% and adjusted EBITDA margin expansion of 390 basis points to 23.7% in Q3 2025.
  • All three product lines experienced year-over-year growth in Q3 2025, with in-ground pool sales up 1%, cover sales up 15%, and liner sales up 13%.
  • Latham Group narrowed its full-year 2025 guidance, projecting net sales of $540-$550 million and adjusted EBITDA of $92-$98 million.
Nov 4, 2025, 9:30 PM
Latham Group Announces Q3 2025 Results and Updates Full Year 2025 Guidance
SWIM
Earnings
Guidance Update
Demand Weakening
  • For Q3 2025, Latham Group reported net sales of $161.9 million and Adjusted EBITDA of $38.3 million, with an Adjusted EBITDA margin of 23.7%.
  • The company updated its Full Year 2025 Net Sales guidance to a range of $540 million to $550 million, representing 7% year-over-year growth at the midpoint, and Adjusted EBITDA guidance to $92 million to $98 million, reflecting 19% growth at the midpoint.
  • Capital expenditure guidance for Full Year 2025 was revised to $22 million to $24 million.
  • As of September 27, 2025, Net Debt was $210.6 million, with a Net Debt Leverage Ratio of 2.3.
  • Latham Group forecasts new U.S. pool starts in 2025 to be flat to slightly down from 2024 levels.
Nov 4, 2025, 9:30 PM
Latham Group, Inc. Reports Third Quarter 2025 Financial Results and Updates Full-Year Guidance
SWIM
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Latham Group, Inc. reported net sales of $161.9 million for the third quarter of 2025, an increase of 7.6% from the prior year, and net income of $8.1 million, resulting in diluted earnings per share of $0.07. For the nine months ended September 27, 2025, net sales were $446.0 million, up 5.9%, with net income of $18.1 million and diluted EPS of $0.15.
  • The company achieved gross margin expansion of 300 basis points to 35.4% in Q3 2025 and Adjusted EBITDA of $38.3 million, an increase of 28.5%, reaching 23.7% of net sales.
  • Strategic initiatives, including driving awareness and adoption of fiberglass pools and autocovers, strengthening its position in Sand State markets, and expanding margins through lean manufacturing, value engineering, and accretive acquisitions, contributed to the performance.
  • For fiscal year 2025, Latham Group, Inc. narrowed its net sales guidance to $540-$550 million and its Adjusted EBITDA guidance to $92-$98 million.
Nov 4, 2025, 9:11 PM
Latham Group Reports Strong Third Quarter 2025 Results and Narrows Full-Year Guidance
SWIM
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Latham Group reported strong third quarter 2025 financial results, with net sales increasing 7.6% to $161.9 million and net income rising 37.7% to $8.1 million.
  • The company achieved significant margin expansion in Q3 2025, with gross margin up 300 basis points to 35.4% and Adjusted EBITDA increasing 28.5% to $38.3 million, resulting in a 23.7% Adjusted EBITDA margin.
  • For the first nine months of 2025, net sales grew 5.9% to $446.0 million, and net income increased 60.3% to $18.1 million.
  • Latham Group narrowed its full-year 2025 guidance, with net sales now projected between $540-$550 million and Adjusted EBITDA between $92-$98 million.
  • The company's performance was driven by strategic priorities, including the growing adoption of fiberglass pools, which are on track to represent approximately 75% of full-year 2025 in-ground pool sales.
Nov 4, 2025, 9:05 PM