Latham Group, Inc. (SWIM) Form 8-K — Aug 4, 2026
Latham Group (Nasdaq: SWIM) reported second quarter 2026 net sales of $197.5 million, up 14.4% year over year with 10.3% organic growth, alongside net income of $12.8 million ($0.11 diluted EPS) and adjusted EBITDA of $44.6 million at a 22.6% margin. The company raised its full-year 2026 guidance to net sales of $600-620 million (11.7% growth at the midpoint) and adjusted EBITDA of $110-120 million (15.2% growth at the midpoint), up from the original ranges of $580-610 million and $105-120 million.
Key figures
- Eps
- 0.11
- Revenue
- 197474000
- Guidance
- FY2026 net sales of $600-620 million (raised from $580-610 million; 11.7% growth at midpoint, 8.4% organic) and adjusted EBITDA of $110-120 million (raised from $105-120 million; 15.2% growth at midpoint); capex of $40-45 million (lowered from $42-48 million)
- Net Income
- 12754000
- Total Debt
- 279813000
- Revenue Yoy
- 14.4%
- Cash Position
- 43480000
- Shares Outstanding
- 117535232
- Q2 Capex
- 5600000
- H1 Net Sales
- 314789000
- H1 Net Income
- 4220000
- Q2 Fx Headwind
- 5000000
- Q2 Gross Margin
- 35.5%
- Q2 Gross Profit
- 70078000
- Q2 Ramp Up Costs
- 2800000
- Q2 Organic Growth
- 10.3%
- Cover Sales Growth
- 10%
- H1 Adjusted Ebitda
- 56776000
- Q2 Adjusted Ebitda
- 44616000
- Ltm Adjusted Ebitda
- 105580000
- Ramp Up Margin Impact
- 140 bps
- Q2 Operating Cash Flow
- 53500000
- Gross Margin Yoy Change
- -160 bps
- Net Debt Leverage Ratio
- 2.24
- Q2 Adjusted Ebitda Margin
- 22.6%
- Inground Pool Sales Growth
- 22.5%
- Freedom Pools Purchase Price
- 17000000
Price after filing
Close on the filing date to close N calendar days later (from $5.38). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.