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Latham Group (SWIM)
NASDAQ:SWIM
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.13Last Year’s EPS
0.14Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: -5.36%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in specific product categories such as fiberglass and auto covers, a successful expansion strategy in the Sand States, and a positive financial position with improved gross margins. However, there were declines in in-ground pool and liner sales, and a decrease in adjusted EBITDA due to increased marketing expenses. Tariff-related risks were also noted. Overall, the positive developments balanced the challenges, creating a neutral sentiment.Company Guidance
During the Latham Group Inc.'s first quarter 2025 earnings call, the company provided several key metrics and guidance for the year. The company reported net sales of $111.4 million, a 0.7% increase from Q1 2024, and a gross margin expansion of 190 basis points to approximately 30%. The sales growth was driven by a surge in fiberglass pools and auto cover products, with cover sales increasing by 18%, supported by both organic growth and recent acquisitions. Despite a net loss of $6 million, the company saw a narrowed loss compared to the previous year. Latham maintained its revenue growth expectations at 8% for 2025, comprised of 5% organic growth and 3% from acquisitions. They also projected a 19% growth in adjusted EBITDA, reflecting significant operating leverage. The company highlighted its Sand States expansion strategy and anticipated positive impacts from its marketing efforts, including partnerships and new product models. Additionally, Latham emphasized its ability to manage tariff impacts through strategic pre-purchasing and price increases to protect margins.Fiberglass and Auto Cover Product Strength
Latham Group saw relative strength in its fiberglass and auto cover product categories, contributing positively to the quarter's results.
Sand States Expansion Strategy
Significant progress was made on the Sand States expansion strategy, representing a major growth opportunity, particularly in Florida, Texas, Arizona, and California.
Gross Margin Expansion
Latham delivered a 190 basis point expansion in gross margin, attributed to lean manufacturing and value engineering initiatives.
Auto Covers Sales Growth
Auto covers sales increased by 18%, supported by organic growth and benefits from acquisitions.
Strong Brand Visibility and Engagement
Latham led the industry in brand visibility and engagement, being the most searched brand online among major fiberglass manufacturers.
Positive Financial Position
Ended the first quarter with a cash position of $24 million and a plan to fully repay the revolver by the end of the second quarter.
SWIM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SWIM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $5.97 | $5.97 | 0.00% |
Mar 04, 2025 | $5.46 | $7.47 | +36.81% |
Nov 05, 2024 | $6.58 | $5.81 | -11.70% |
Aug 06, 2024 | $3.11 | $4.40 | +41.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Latham Group (SWIM) report earnings?
Latham Group (SWIM) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Latham Group (SWIM) earnings time?
Latham Group (SWIM) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SWIM EPS forecast?
SWIM EPS forecast for the fiscal quarter 2025 (Q2) is 0.13.