Latham Group(NASDAQ) SWIM

Latham Group, Inc. builds in-ground swimming pools for residential backyards. The company helps homeowners create outdoor recreation spaces with durable structures and safety accessories. These products provide families with private leisure areas at home.

Everything for the Backyard Oasis

• In-ground Swimming Pools: One-piece manufactured fiberglass pools and custom vinyl pools with steel or composite polymer frames.
• Pool Covers: Safety-focused automatic covers and all-season mesh or solid covers; designed to protect against debris and cold weather.
• Pool Liners: Interior surfaces for vinyl pools; includes custom liners for pools not originally manufactured by the company.

Expansion Through Acquisitions and Tech

• Acquired Freedom Pools on Feb. 26, 2026, to expand manufacturing and installation operations in Australia and New Zealand.
• Purchased four previously leased fiberglass production facilities on Feb. 6, 2026, to secure long-term manufacturing capacity.
• Invested in sales resources for southern climate regions, known as the Sand States, to drive a market transition toward fiberglass pools.
• Upgraded technology and enterprise resource planning systems through an ongoing digital transformation program.

National Reach and Direct Marketing

Latham maintains a national manufacturing and distribution network of approximately 40 locations to ensure short lead times for customers. The company uses a direct-to-homeowner digital marketing strategy to generate purchase-ready consumer leads for its dealer partners.

Diving Into the Financial Results

• Net sales reached $197.5 million in the fiscal quarter ended June 27, 2026, up 14.4% year over year.
• Net income was $12.8 million for the fiscal quarter ended June 27, 2026, compared to $16.0 million for the fiscal quarter ended June 28, 2025.
• Adjusted EBITDA was $56.8 million for the two fiscal quarters ended June 27, 2026, compared to $51.0 million for the two fiscal quarters ended June 28, 2025.
• Cash on hand was $43.5 million against $279.8 million in total debt as of June 27, 2026.

Bottom Line

Latham has evolved from a traditional business-to-business manufacturer into a consumer-focused brand using digital marketing and strategic acquisitions. Its focus on fiberglass technology and regional expansion supports its position in the residential pool industry.