Latham Group Inc ( (SWIM) ) has released its Q3 earnings. Here is a breakdown of the information Latham Group Inc presented to its investors.
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Latham Group, Inc., headquartered in Latham, NY, is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, known for its innovative fiberglass pools and autocovers. In its third quarter of 2025, Latham Group reported a robust financial performance with net sales reaching $161.9 million, marking a 7.6% increase compared to the previous year. The company also saw a significant rise in net income by 37.7% to $8.1 million, and an adjusted EBITDA increase of 28.5% to $38.3 million, showcasing its strong market position and strategic execution. Key drivers of this growth included increased sales of fiberglass pools, autocovers, and liners, as well as successful acquisitions and operational efficiencies. Latham’s strategic focus on expanding in the Sand States and enhancing product awareness contributed to its margin expansion and overall financial success. Looking ahead, Latham Group remains optimistic about its growth prospects, narrowing its net sales guidance to $540-$550 million for the year, with plans to continue leveraging its market leadership in fiberglass pools and autocovers to outperform the U.S. in-ground pool market.