Latham Group (SWIM) News Today

Latham Group, Inc. (NASDAQ: SWIM) reported solid third-quarter growth and authorized a $100 million share repurchase program. Revenue, profitability and the buyback are potential supports for the stock, though reported earnings per share missed some analyst estimates.

• Positive Sentiment: Third-quarter net sales rose 12.5% to $182.2 million, slightly ahead of the $181.1 million FactSet estimate. Organic growth was 8.4%, with strength in Florida and Texas helping drive a 21% increase in sales in the company’s “Sun Belt” states. Latham Group Q3 results
• Positive Sentiment: Adjusted EBITDA increased 18.1% to $45.3 million, while gross margin expanded 130 basis points to 36.7%, reflecting higher volume and manufacturing improvements. Zacks reported adjusted EPS of $0.19, above its $0.15 consensus estimate; this differs from GAAP EPS reported by the company. Zacks earnings report
• Positive Sentiment: The board approved a $100 million buyback. Latham also reaffirmed full-year sales guidance of $605 million–$615 million and adjusted EBITDA guidance of $112 million–$118 million, and said it expects to outpace the U.S. in-ground pool market in 2027. Guidance and buyback announcement
• Negative Sentiment: GAAP diluted EPS was $0.10, below the $0.16 estimate cited by MarketBeat. That shortfall tempers the otherwise strong operating results, although net income rose 48.5% year over year. MarketBeat earnings report