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Stock impact report

Latham Group, Inc. Reports First Quarter 2024 Financial Results [Yahoo! Finance]

Latham Group, Inc. (SWIM) 
Company Research Source: Yahoo! Finance
Fiberglass Pools Continued to Show Relative Strength Company Re-Affirms Full Year 2024 Guidance First Quarter 2024 Financial Highlights: Net sales of $110.6 million Net loss of $7.9 million Adjusted EBITDA of $12.3 million LATHAM, N.Y., May 07, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced financial results for the first quarter 2024 ended March 30, 2024. Commenting on the results, Scott Rajeski, President and CEO, said, “Our first quarter results represented a good start to 2024 and reflected the benefits of Latham's strong execution, cost savings, and lean and value engineering initiatives. “First quarter sales performance demonstrated our ability to execute effectively on a meaningful influx of orders that occurred late in the quarter and benefitted from our leadership in fiberglass pools, which continu Show less Read more
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