Latham Group, Inc. Reports First Quarter Fiscal 2022 Financial Results
Latham Group, Inc. (SWIM)
Company Research
Source: GlobeNewswire
Delivers First Quarter Year-over-Year Net Sales Growth of 28.8% Affirms Fiscal 2022 Guidance, Implying Year-over-Year Net Sales Growth of 35% to 40% and Year-over-Year Adjusted EBITDA Growth of 32% to 46%1 Announces $100 Million Share Repurchase Program LATHAM, N.Y., May 12, 2022 (GLOBE NEWSWIRE) -- Latham Group, Inc. (“Latham” or “the Company”) (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 of its fiscal year 2022 ended April 2, 2022. First Quarter Fiscal 2022 Highlights: Net sales of $191.6 million, up 28.8% year-over-yearNet loss of $2.8 million versus net income of $8.5 million in the prior year period, representing a 1.5% net loss marginAdjusted EBITDA of $48.0 million, up 43.1% year-over-year, representing a 25.0% Adjusted EBITDA margin “Latham’s strong first quarter results reflect our focus on operational excell
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News
- Latham Group, Inc. Announces First Quarter 2024 Earnings Release and Conference Call DateGlobeNewswire
- Latham Group, Inc. (NASDAQ: SWIM) was upgraded by analysts at Stifel Nicolaus from a "hold" rating to a "buy" rating. They now have a $4.00 price target on the stock, up previously from $3.00.MarketBeat
- Latham Group Full Year 2023 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Latham Group (SWIM) Posts Breakeven Q4 Earnings, Tops on Sales [Yahoo! Finance]Yahoo! Finance
- Latham Group, Inc. (NASDAQ:SWIM) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
SWIM
Earnings
- 3/12/24 - Beat
SWIM
Sec Filings
- 3/22/24 - Form ARS
- 3/22/24 - Form DEFA14A
- 3/22/24 - Form DEF
- SWIM's page on the SEC website