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 |
|---|---|---|---|
| 12/9/2024 | $10.00 | Buy | Craig Hallum |
| 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 |
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)
4 - Latham Group, Inc. (0001833197) (Issuer)
First Quarter Performance Led by Relative Strength of Fiberglass Pools and AutocoversSand State Expansion Strategy on Track Continued Benefits from Lean Manufacturing and Value Engineering Initiatives Drove 190-Basis Point Increase in Gross MarginMaintains Full Year Guidance for 8% Sales Growth and 19% Growth in Adjusted EBITDA at the Midpoints First Quarter 2025 Financial Highlights: Net sales of $111.4 millionNet loss of $6.0 million / Net loss per diluted share of $0.05Adjusted EBITDA of $11.1 million / 10.0% of Net sales LATHAM, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- Latham Group, Inc. (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming
LATHAM, N.Y., April 08, 2025 (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 will release financial results for the first quarter 2025 on Tuesday, May 6, 2025, 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/10198351/fed5b9f0e6. Callers who pre-register will be sent a confirmation e-mail including a conference passcode and unique PIN
Latham's In-Ground Pool Sales Outperformed the U.S. Pool Market in 2024 Driven by Fiberglass Share Gains and Increased Adoption of Automatic Safety CoversYear-on-Year Margin Expansion Reflects Lower Cost Structure and Cost Discipline Amid Ongoing Investments to Drive Future GrowthFull Year Operating Cash Flow of $61 Million; Year-End Cash Balance of $56 Million after $86 Million of Acquisition Payments and Debt Paydowns2025 Guidance Anticipates 8% Sales Growth and 19% Growth in Adjusted EBITDA at the Midpoints Fourth Quarter 2024 Financial Highlights: Net sales of $87.3 millionNet loss of $29.2 million / Net loss per diluted share of $0.25Adjusted EBITDA of $3.6 million / 4.2% of Net s
LATHAM, N.Y., Feb. 04, 2025 (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 will release financial results for the fourth quarter and full year 2024 on Tuesday, March 4, 2025, 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/10196153/fe5604d9c7. Callers who pre-register will be sent a confirmation email including a conference passcode
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., May 29, 2025 (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 management will attend the following investor conferences: On June 3, 2025, Scott Rajeski, President and Chief Executive Officer, and Oliver Gloe, Chief Financial Officer, will host investor meetings at the Stifel 2025 Cross Sector Insight Conference. This event will take place at the InterContinental Boston in Boston, MA.On June 4, 2025, Scott Rajeski, President and Chief Executive Officer, and Chris Daley, Vice President – Finance, will host a fireside c
LATHAM, N.Y., May 14, 2025 (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 management will attend the following investor conferences: On May 15, 2025, Oliver Gloe, Chief Financial Officer, and Joshua Rickaby, Fiberglass Sales – Sand States, will host investor meetings at the Wolfe Research May Small Group/1x1 Conference. This will be a virtual event.On May 28, 2025, Scott Rajeski, President and Chief Executive Officer, and Oliver Gloe, Chief Financial Officer, will host investor meetings at Craig-Hallum's 22nd Annual Institutiona
First Quarter Performance Led by Relative Strength of Fiberglass Pools and AutocoversSand State Expansion Strategy on Track Continued Benefits from Lean Manufacturing and Value Engineering Initiatives Drove 190-Basis Point Increase in Gross MarginMaintains Full Year Guidance for 8% Sales Growth and 19% Growth in Adjusted EBITDA at the Midpoints First Quarter 2025 Financial Highlights: Net sales of $111.4 millionNet loss of $6.0 million / Net loss per diluted share of $0.05Adjusted EBITDA of $11.1 million / 10.0% of Net sales LATHAM, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- Latham Group, Inc. (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming
LATHAM, N.Y., May 02, 2025 (GLOBE NEWSWIRE) -- With summer just around the corner, Latham, The Pool Company (NASDAQ:SWIM), is reminding families to prioritize safety as we head into peak swimming season. During National Water Safety Month this May, the leading manufacturer of in-ground residential swimming pools is teaming up with Olympic and World Championship gold medalist and two-time Overall World Cup Champion Bode Miller to share essential pool safety tips with the goal of helping to prevent accidents and ensuring that homeowners can enjoy their pools with confidence. "Drowning prevention is a cause that's deeply personal to me, which is why I've partnered with Latham and Coverstar t
LATHAM, N.Y., April 08, 2025 (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 will release financial results for the first quarter 2025 on Tuesday, May 6, 2025, 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/10198351/fed5b9f0e6. Callers who pre-register will be sent a confirmation e-mail including a conference passcode and unique PIN
Latham's In-Ground Pool Sales Outperformed the U.S. Pool Market in 2024 Driven by Fiberglass Share Gains and Increased Adoption of Automatic Safety CoversYear-on-Year Margin Expansion Reflects Lower Cost Structure and Cost Discipline Amid Ongoing Investments to Drive Future GrowthFull Year Operating Cash Flow of $61 Million; Year-End Cash Balance of $56 Million after $86 Million of Acquisition Payments and Debt Paydowns2025 Guidance Anticipates 8% Sales Growth and 19% Growth in Adjusted EBITDA at the Midpoints Fourth Quarter 2024 Financial Highlights: Net sales of $87.3 millionNet loss of $29.2 million / Net loss per diluted share of $0.25Adjusted EBITDA of $3.6 million / 4.2% of Net s
LATHAM, N.Y., Feb. 04, 2025 (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 will release financial results for the fourth quarter and full year 2024 on Tuesday, March 4, 2025, 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/10196153/fe5604d9c7. Callers who pre-register will be sent a confirmation email including a conference passcode
LATHAM, N.Y., Jan. 23, 2025 (GLOBE NEWSWIRE) -- As the pool industry continues to evolve, emerging trends in design and technology are reshaping how professionals and homeowners approach pool additions and upgrades. From the high-performance, low-maintenance advantages of fiberglass to the growing demand for space-efficient pool designs and luxurious spa-like features, innovation and automation are bringing the pool industry into a new era of comfort and convenience. "It's an incredibly exciting time to be part of the pool industry," said Scott Rajeski, President and CEO of Latham, The Pool Company, the largest designer, manufacturer and marketer of in-ground residential swimming pools in
LATHAM, N.Y., Dec. 10, 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, recently earned the "Most Innovative Product for Retailers" award at the 2024 International Pool Spa Patio Expo (IPSPE). The brand's new line of Latham Plunge Pools was recognized for transforming backyard experiences, offering homeowners the perfect combination of compact size, customization and efficiency. Designed to bring leisure and luxury to backyards of any size, Latham Plunge Pools provide practical and stylish solutions for compact yards but are also ideal for adding a
LATHAM, N.Y., Dec. 05, 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, has published its 2023 Environmental, Social and Governance (ESG) Report. The report highlights the company's substantial progress in a number of ESG areas, including refinement of its greenhouse gas emissions baseline, waste reduction, improved energy efficiency, improvements in employee retention and safety and continued enhancements to its robust governance framework. "We are proud to share the progress outlined in our 2023 ESG report, which reflects our commitments across t
SCHEDULE 13G/A - Latham Group, Inc. (0001833197) (Subject)
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10-Q - Latham Group, Inc. (0001833197) (Filer)
8-K - Latham Group, Inc. (0001833197) (Filer)
SCHEDULE 13G - Latham Group, Inc. (0001833197) (Subject)
DEFA14A - Latham Group, Inc. (0001833197) (Filer)
DEF 14A - Latham Group, Inc. (0001833197) (Filer)
10-K - Latham Group, Inc. (0001833197) (Filer)
8-K - Latham Group, Inc. (0001833197) (Filer)
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Craig Hallum initiated coverage of Latham Group with a rating of Buy and set a new price target of $10.00
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