Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools. The company offers in-ground swimming pools, pool liners, and pool cover products. Latham Group, Inc. was formerly known as Latham Topco, Inc. and changed its name to Latham Group, Inc. in March 2021. Latham Group, Inc. was incorporated in 2018 and is based in Latham, New York.
IPO Year: 2021
Exchange: NASDAQ
Website: lathampool.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/18/2024 | $3.00 → $4.00 | Hold → Buy | Stifel |
3/13/2024 | $4.50 → $2.60 | Buy → Underperform | BofA Securities |
12/14/2022 | $7.00 → $5.00 | Overweight → Equal Weight | Barclays |
12/13/2022 | $3.00 | Hold | Stifel |
7/13/2022 | $8.00 → $5.50 | Neutral → Sell | Goldman |
3/11/2022 | $26.00 → $22.00 | Overweight | Barclays |
3/11/2022 | $27.00 → $21.00 | Overweight | Keybanc |
3/1/2022 | $25.00 → $21.00 | Equal-Weight | Morgan Stanley |
1/19/2022 | $19.00 → $21.00 | Neutral | Goldman Sachs |
1/14/2022 | $24.00 → $25.00 | Equal-Weight | Morgan Stanley |
LATHAM, N.Y., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Imagine never having to A-B a pool for a new liner or safety cover ever again. Latham Group, Inc. (NYSE:SWIM) the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, announces the deployment of a firmware update to Measure by Latham Pools. Already proven effective for capturing safety cover measurements, this game-changing technology is now available for measuring vinyl pool liners with optimal accuracy and efficiency. "Measure by Latham brings pool liner and cover measuring into the digital age," said Scott Rajeski, president and CEO of Latham Pools. "Leveraging
LATHAM, N.Y. , Nov. 11, 2024 (GLOBE NEWSWIRE) -- At this week's International Pool, Spa, & Patio Expo (IPSPE) in Dallas, Latham Group, Inc. (NYSE:SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, will unveil a new line of plunge pools designed to bring leisure and luxury to backyards of any size. From the only brand to offer both fiberglass and vinyl liner options, the curated collection includes six designs perfect for homeowners seeking a sleek, elegant pool that fits seamlessly into any outdoor space. "Latham Plunge Pools add a touch of luxury and sophistication to an adult backyard lifestyle,"
LATHAM, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that Scott Rajeski, President and Chief Executive Officer, and Oliver Gloe, Chief Financial Officer, will participate in the Baird 2024 Global Industrial Conference on Wednesday, November 13. Latham's management team will host a fireside chat at 12:00pm CT and will also host investor meetings throughout the day. This event will take place at the Ritz-Carlton Chicago in Chicago, IL. About Latham Group, Inc.Latham Group, Inc., headquartered in Latham, NY, is the largest desig
In-Ground Pool Market in Line with ExpectationsLatham Fiberglass Pool Sales Continue to Show Relative StrengthLean Manufacturing, Value Engineering Initiatives and Improved Procurement Drive Meaningful Cost ReductionsNarrows Full Year 2024 Net Sales and Adjusted EBITDA Guidance Ranges Third Quarter 2024 Financial Highlights: Net sales of $150.5 millionNet income of $5.9 million / Earnings per diluted share of $0.05Adjusted EBITDA of $29.8 million / 19.8% of Net sales Nine Months 2024 Financial Highlights: Net sales of $421.2 millionNet income of $11.3 million / Earnings per diluted share of $0.10Adjusted EBITDA of $76.6 million / 18.2% of Net sales LATHAM, N.Y., Nov. 05, 2024 (GLOBE
LATHAM, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential pools in North America, Australia, and New Zealand, today announced the appointment of seasoned financial executive Frank J. Dellaquila as a new independent member of its Board of Directors and Chair of the Company's Audit Committee, effective immediately. Mr. Dellaquila is replacing Robert D. Evans who resigned from the Board. Mr. Dellaquila served as Chief Financial Officer of Emerson Electric Co. (NYSE:EMR) from 2009 until his retirement in 2023 and was named Executive Vice President in 2012 and Senior Executive Vice President in 2
LATHAM, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. ("Latham" or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the third quarter 2024 on Tuesday, November 5, 2024, after the close of the U.S. market. The Company will hold a conference call to discuss the results that same day at 4:30 PM Eastern Time. We encourage participants to pre-register for the conference call by visiting https://dpregister.com/sreg/10193423/fdacb128cb. Callers who pre-register will be sent a confirmation email including a conference passcod
LATHAM, N.Y., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Signaling a new era of investment in its business, brand and channel partners, Latham Group, Inc. (NYSE:SWIM), the leading designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, has partnered with Chicago-based L.C. Williams & Associates (LCWA) as its public relations agency of record. This strategic engagement promises to elevate Latham's brand visibility, enhance customer engagement and reinforce the company's position as the industry leader. Under the terms of the new partnership, LCWA will oversee and execute a comprehensive public relations strategy that includes media r
LATHAM, N.Y., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that Scott Rajeski, President and Chief Executive Officer, and Oliver Gloe, Chief Financial Officer, will host investor meetings at the Barclays 8th Annual Building & Building Products Conference. This event will take place on August 14, 2024, at Barclays' offices in New York, NY. About Latham Group, Inc.Latham Group, Inc., headquartered in Latham, NY, is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, an
Year-on-Year Net Income Margin Expanded by 500 Basis Points; Adjusted EBITDA Margin Expansion of 400 Basis Points in the Second Quarter Driven by Improved Cost Structure and Production EfficienciesSecond Quarter Operating Cash Flow Reached $52 Million Increasing Full Year 2024 Net Sales and Adjusted EBITDA Guidance by $5 million and $15 Million, Respectively Latham Announces Acquisition of Coverstar Central Acquisition Positions Latham to Drive Product Line Sales Growth and Adoption of Automatic Safety Covers and Provides Opportunities to Further Advance Fiberglass Conversion Strategy Vertical Integration Expected to Increase MarginsTransaction is Expected to be Immediately Accretive to Ea
Acquisition Positions Latham to Drive Product Line Sales Growth and Adoption of Automatic Safety Covers and Provides Opportunities to Further Advance Fiberglass Conversion StrategyVertical Integration Expected to Increase MarginsTransaction is Expected to be Immediately Accretive to Earnings LATHAM, N.Y., Aug. 06, 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 that it has acquired Coverstar Central, Latham's exclusive automatic safety cover dealer in 29 states in the Northeast, Southeast, and Midwest regions of the country, incl
LATHAM, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential pools in North America, Australia, and New Zealand, today announced the appointment of seasoned financial executive Frank J. Dellaquila as a new independent member of its Board of Directors and Chair of the Company's Audit Committee, effective immediately. Mr. Dellaquila is replacing Robert D. Evans who resigned from the Board. Mr. Dellaquila served as Chief Financial Officer of Emerson Electric Co. (NYSE:EMR) from 2009 until his retirement in 2023 and was named Executive Vice President in 2012 and Senior Executive Vice President in 2
LATHAM, N.Y., July 16, 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 that it has named Nikki Vaughan as Chief Human Resources Officer. Ms. Vaughan will lead Latham's human resources organization, responsible for aligning Latham's talent strategy with the company's strategic business objectives. Over her 25-year career, Ms. Vaughan has served in a variety of human resources leadership roles with a demonstrated track-record of developing organizational and talent strategies. Most recently, she served as Chief People Officer at Se
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 it has appointed AdvisIRy Partners as its new investor relations and communications firm. President and Chief Executive Officer, Scott Rajeski, commented, "Latham Group is a market leader in fiberglass pools, which are cost effective, easy to install, and more eco-friendly than concrete pools. As we move forward with several key initiatives to capture greater share of our addressable market, we are pleased to bring AdvisIRy Partners on board to help us communicate our investment s
LATHAM, N.Y., Oct. 24, 2023 (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 the appointment of Oliver Gloe as Chief Financial Officer (CFO), effective November 13, 2023. Gloe will join Latham on October 30, 2023 as Vice President, Finance before assuming the role of CFO. As CFO, Gloe will oversee Latham's finance, strategic planning, investor relations, treasury, tax and accounting reporting functions and report to Latham President and Chief Executive Officer, Scott Rajeski. Mark Borseth, who currently serv
LATHAM, N.Y., March 31, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. ("Latham" or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced the appointment of DeLu Jackson, currently Executive Vice President and Chief Marketing Officer of ADT Inc., to Latham's Board of Directors (the "Board"). In addition, Latham's Board has appointed Brian Pratt, Vice President at Pamplona Capital Management, to serve as a director, replacing Dane Derbyshire, who has stepped down from the Board in connection with his departure from Pamplona Capital Management. Since 2019, Mr. Pratt has worked close
LATHAM, N.Y., Aug. 09, 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 the appointment of Patrick Sheller as its new General Counsel and Secretary. Sheller was appointed General Counsel and Secretary effective August 8, 2022. In this role, Sheller will lead the company's global legal team, corporate compliance, mergers and acquisitions, corporate securities, environmental, social & governance efforts, and all other aspects of Latham's legal affairs. Sheller will report to Latham President and CEO
NEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Latham, The Pool Company ("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 the appointment of Sanjeev Bahl as Chief Operating Officer, effective January 24, 2022. In this role, Bahl will lead Latham's Global operations organization, overseeing all manufacturing, supply chain, EHS, quality, and engineering. "We are thrilled to have Sanjeev join our executive team," said Scott Rajeski, President and CEO of Latham, The Pool Company. "Sanjeev has a strong track record of enhancing operational performance and
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
SC 13G/A - Latham Group, Inc. (0001833197) (Subject)
SC 13G/A - Latham Group, Inc. (0001833197) (Subject)
SC 13G/A - Latham Group, Inc. (0001833197) (Subject)
SC 13G/A - Latham Group, Inc. (0001833197) (Subject)
SC 13G/A - Latham Group, Inc. (0001833197) (Subject)
SC 13G/A - Latham Group, Inc. (0001833197) (Subject)
SC 13G - Latham Group, Inc. (0001833197) (Subject)
SC 13G - Latham Group, Inc. (0001833197) (Subject)
Stifel upgraded Latham Group from Hold to Buy and set a new price target of $4.00 from $3.00 previously
BofA Securities downgraded Latham Group from Buy to Underperform and set a new price target of $2.60 from $4.50 previously
Barclays downgraded Latham Group from Overweight to Equal Weight and set a new price target of $5.00 from $7.00 previously
Stifel initiated coverage of Latham Group with a rating of Hold and set a new price target of $3.00
Goldman downgraded Latham Group from Neutral to Sell and set a new price target of $5.50 from $8.00 previously
Barclays reiterated coverage of Latham Group with a rating of Overweight and set a new price target of $22.00 from $26.00 previously
Keybanc reiterated coverage of Latham Group with a rating of Overweight and set a new price target of $21.00 from $27.00 previously
Morgan Stanley reiterated coverage of Latham Group with a rating of Equal-Weight and set a new price target of $21.00 from $25.00 previously
Goldman Sachs reiterated coverage of Latham Group with a rating of Neutral and set a new price target of $21.00 from $19.00 previously
Morgan Stanley reiterated coverage of Latham Group with a rating of Equal-Weight and set a new price target of $25.00 from $24.00 previously
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
3 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
4 - Latham Group, Inc. (0001833197) (Issuer)
3 - Latham Group, Inc. (0001833197) (Issuer)
8-K - Latham Group, Inc. (0001833197) (Filer)
10-Q - Latham Group, Inc. (0001833197) (Filer)
8-K - Latham Group, Inc. (0001833197) (Filer)
8-K - Latham Group, Inc. (0001833197) (Filer)
10-Q - Latham Group, Inc. (0001833197) (Filer)
8-K - Latham Group, Inc. (0001833197) (Filer)
SD - Latham Group, Inc. (0001833197) (Filer)
10-Q - Latham Group, Inc. (0001833197) (Filer)
8-K - Latham Group, Inc. (0001833197) (Filer)
8-K - Latham Group, Inc. (0001833197) (Filer)
In-Ground Pool Market in Line with ExpectationsLatham Fiberglass Pool Sales Continue to Show Relative StrengthLean Manufacturing, Value Engineering Initiatives and Improved Procurement Drive Meaningful Cost ReductionsNarrows Full Year 2024 Net Sales and Adjusted EBITDA Guidance Ranges Third Quarter 2024 Financial Highlights: Net sales of $150.5 millionNet income of $5.9 million / Earnings per diluted share of $0.05Adjusted EBITDA of $29.8 million / 19.8% of Net sales Nine Months 2024 Financial Highlights: Net sales of $421.2 millionNet income of $11.3 million / Earnings per diluted share of $0.10Adjusted EBITDA of $76.6 million / 18.2% of Net sales LATHAM, N.Y., Nov. 05, 2024 (GLOBE
LATHAM, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. ("Latham" or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the third quarter 2024 on Tuesday, November 5, 2024, after the close of the U.S. market. The Company will hold a conference call to discuss the results that same day at 4:30 PM Eastern Time. We encourage participants to pre-register for the conference call by visiting https://dpregister.com/sreg/10193423/fdacb128cb. Callers who pre-register will be sent a confirmation email including a conference passcod
Year-on-Year Net Income Margin Expanded by 500 Basis Points; Adjusted EBITDA Margin Expansion of 400 Basis Points in the Second Quarter Driven by Improved Cost Structure and Production EfficienciesSecond Quarter Operating Cash Flow Reached $52 Million Increasing Full Year 2024 Net Sales and Adjusted EBITDA Guidance by $5 million and $15 Million, Respectively Latham Announces Acquisition of Coverstar Central Acquisition Positions Latham to Drive Product Line Sales Growth and Adoption of Automatic Safety Covers and Provides Opportunities to Further Advance Fiberglass Conversion Strategy Vertical Integration Expected to Increase MarginsTransaction is Expected to be Immediately Accretive to Ea
Acquisition Positions Latham to Drive Product Line Sales Growth and Adoption of Automatic Safety Covers and Provides Opportunities to Further Advance Fiberglass Conversion StrategyVertical Integration Expected to Increase MarginsTransaction is Expected to be Immediately Accretive to Earnings LATHAM, N.Y., Aug. 06, 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 that it has acquired Coverstar Central, Latham's exclusive automatic safety cover dealer in 29 states in the Northeast, Southeast, and Midwest regions of the country, incl
LATHAM, N.Y., July 10, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. ("Latham" or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the second quarter 2024 on Tuesday, August 6, 2024, after the close of the U.S. market. The Company will hold a conference call to discuss the results that same day at 4:30 PM Eastern Time. We encourage participants to pre-register for the conference call by visiting https://dpregister.com/sreg/10190456/fcf6664840. Callers who pre-register will be sent a confirmation email including a conference passcode
First Quarter Results Benefitted from Strong Execution, Cost Savings, and Value Engineering and Productivity InitiativesFiberglass Pools Continued to Show Relative StrengthCompany Re-Affirms Full Year 2024 Guidance First Quarter 2024 Financial Highlights: Net sales of $110.6 millionNet loss of $7.9 millionAdjusted 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 an
LATHAM, N.Y., April 10, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. ("Latham" or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the first quarter 2024 on Tuesday, May 7, 2024, after the close of the U.S. market. The Company will hold a conference call to discuss the results that same day at 4:30 PM Eastern Time. We encourage participants to pre-register for the conference call by visiting https://dpregister.com/sreg/10188041/fc268d9013. Callers who pre-register will be sent a confirmation e-mail including a conference passcode a
Full Year 2023 Sales Outperformed the U.S. In-Ground Pool Market in 2023 Driven by Continued Fiberglass Conversion Substantially Reduced Cost Structure During 2023 Full Year Operating Cash Flow of $116 Million Yielded Record Cash Position of $100 Million at Year-End 2024 Guidance Anticipates Continued Ability to Outperform Industry Amid Difficult Market Conditions Fourth Quarter 2023 Highlights: Net sales of $90.9 million, down 15.8% year-over-yearNet income of $0.1 million improved from prior year's net loss of $19.0 million; Net income margin was 0.1%Adjusted EBITDA of $9.9 million, compared to last year's $4.4 million; Adjusted EBITDA margin was 10.9% Full Year 2023 Highlights: N
LATHAM, N.Y., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. ("Latham" or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the fourth quarter and fiscal year 2023 on Tuesday, March 12, 2024, after the close of the U.S. market. The Company will hold a conference call to discuss the results that same day at 4:30 p.m. Eastern Time. We encourage participants to pre-register for the conference call by visiting https://dpregister.com/sreg/10186506/fb9d52b71a. Callers who pre-register will be sent a confirmation e-mail including a
Year-over-year In-ground Net Sales Performance for First Nine Months of Fiscal 2023 Outpaced Expected Declines in U.S. New In-ground Pool Installations for 2023 Reduction in Facilities Footprint and Lean Initiatives Driving Improved Cost Structure Strong Cash Generation in Q3'23 Supports $10 Million Repayment of Debt Updates Fiscal 2023 Guidance LATHAM, N.Y., Nov. 07, 2023 (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 third quarter and first nine months of its fiscal year 2023 e
Barclays analyst Matthew Bouley maintains Latham Group (NASDAQ:SWIM) with a Equal-Weight and lowers the price target from $4 to $3.
Latham Group (NASDAQ:SWIM) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 2 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 0 1 1 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $3.27, a high estimate of $4.00, and a low estimate of $2.50. Marking an increase of 0.62%, the current average sur
Barclays analyst Matthew Bouley maintains Latham Group (NASDAQ:SWIM) with a Equal-Weight and raises the price target from $2.5 to $4.
Shares of Upstart Holdings, Inc. (NASDAQ:UPST) fell sharply during Wednesday's session after the company reported first-quarter financial results and issued second-quarter revenue guidance below estimates. Upstart reported first-quarter revenue of $128 million, which beat the consensus estimate of $124.867 million, according to Benzinga Pro. Upstart expects second-quarter revenue of approximately $125 million versus estimates of $140.83 million. The company anticipates a second-quarter adjusted EBITDA loss of approximately $25 million. Upstart shares dipped 10.3% to $21.96 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Reborn Coffee, In
Gainers Cricut (NASDAQ:CRCT) stock rose 39.0% to $7.69 during Wednesday's regular session. The market value of their outstanding shares is at $1.6 billion. As per the news, the Q1 earnings report came out yesterday. Luminar Technologies (NASDAQ:LAZR) shares rose 31.8% to $2.17. The market value of their outstanding shares is at $968.9 million. As per the press release, Q1 earnings came out yesterday. Mullen Automotive (NASDAQ:MULN) stock rose 29.9% to $7.46. The company's market cap stands at $48.8 million. Latham Group (NASDAQ:SWIM) shares moved upwards by 21.07% to $3.62. The company's market cap stands at $417.6 million. As per the press release, Q1 earnings came out yesterday. ARKO
U.S. stocks were mixed, with the Dow Jones gaining around 70 points on Wednesday. Shares of Louisiana-Pacific Corporation (NYSE:LPX) rose sharply during Wednesday's session following better-than-expected first-quarter financial results. LPX reported net sales growth of 24% year-over-year to $724 million, beating the consensus of $688.85 million. Louisiana-Pacific shares climbed 15% to $83.93 on Wednesday. Here are some other big stocks recording gains in today's session. Cricut, Inc. (NASDAQ:CRCT) shares surged 31% to $7.25 after the company reported better-than-expected first-quarter GAAP EPS results. MaxCyte, Inc. (NASDAQ:MXCT) jumped 27.6% to $5.01 following upbeat qua
Latham Group (NASDAQ:SWIM) reported quarterly losses of $(0.07) per share which beat the analyst consensus estimate of $(0.11) by 36.36 percent. This is a 46.15 percent increase over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $110.629 million which beat the analyst consensus estimate of $101.494 million by 9.00 percent. This is a 19.67 percent decrease over sales of $137.719 million the same period last year.