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Latham Group Inc - SWIM STOCK NEWS

Welcome to our dedicated news page for Latham Group (Ticker: SWIM), a resource for investors and traders seeking the latest updates and insights on Latham Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Latham Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Latham Group's position in the market.

News
Latham Group, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Date
Rhea-AI Summary
Latham Group, Inc., the leading manufacturer of in-ground residential swimming pools, will release its first-quarter 2024 financial results on May 7, 2024. The company will host a conference call at 4:30 PM Eastern Time to discuss the results. Participants can pre-register for the call and access it via webcast or phone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
earnings
-
News
Latham Group, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Provides 2024 Guidance
Rhea-AI Summary
Latham Group, Inc. (SWIM) reported strong financial results for the full year 2023, outperforming the U.S. in-ground pool market. Despite a challenging market environment, the company achieved a record cash position of $100 million at year-end. Key highlights include net sales of $566.5 million, a net loss of $2.4 million, and adjusted EBITDA of $88.0 million. Latham's strategic initiatives, including cost reduction programs and fiberglass conversion, position the company for market share gains and improved profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.1%
Tags
earnings
-
News
Latham Group, Inc. Announces Fourth Quarter and Full Year Fiscal 2023 Earnings Release and Conference Call Date
Rhea-AI Summary
Latham Group, Inc., the leading manufacturer of in-ground residential swimming pools, will announce its financial results for Q4 and fiscal year 2023 on March 12, 2024. The company will hold a conference call to discuss the results at 4:30 p.m. Eastern Time. Participants can pre-register for the call and access the live webcast on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
earnings
News
Latham Group, Inc. Appoints AdvisIRy Partners as its Investor Relations and Communications Firm
Rhea-AI Summary
SWIM: Latham Group, Inc. appoints AdvisIRy Partners as new investor relations and communications firm. The company aims to enhance its investor brand and communicate its investment story as it pursues initiatives to capture a greater market share in fiberglass pools.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.09%
Tags
management
-
News
Latham Group, Inc. Reports Third Quarter Fiscal 2023 Financial Results
Rhea-AI Summary
Latham Group, Inc. announced its financial results for the third quarter and first nine months of fiscal year 2023. Net sales for the third quarter were $160.8 million, down 15.1% year-over-year. The company reported a net loss of ($2.5) million for the first nine months of 2023, compared to net income of $13.3 million in the prior year period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.79%
Tags
earnings
-
News
Latham Group, Inc. Releases Second Annual Environmental, Social and Governance Report
Rhea-AI Summary
Latham Group, Inc. has released its 2022 Environmental, Social and Governance (ESG) Report, highlighting its efforts to embed ESG into its culture and operations. The report showcases achievements such as lowering VOC emissions, establishing a greenhouse gas emissions baseline, reducing waste and scrap, improving employee engagement, and implementing safety initiatives. The report can be found on Latham's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.76%
Tags
none
News
Latham Group, Inc to Present at the Baird 2023 Global Industrial Conference
Rhea-AI Summary
Latham Group, Inc. announced that its management will participate in the Baird 2023 Global Industrial Conference on November 9, 2023. The company's President and CEO, Scott Rajeski, and Interim CFO, Mark Borseth, will present at the conference. Interested parties can access the live webcast and archived replay on the company's investor relations website. The management team will also host one-on-one meetings with registered investors at the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.49%
Tags
conferences
-
News
Latham Group, Inc. Appoints Oliver Gloe as Chief Financial Officer, effective November 13, 2023
Rhea-AI Summary
Latham Group, Inc. appoints Oliver Gloe as Chief Financial Officer, effective November 13, 2023. Mark Borseth will transition to the role of Strategic Advisor to the Company. Gloe brings over 20 years of experience leading finance teams within global manufacturing companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.95%
Tags
management
-
News
Latham Group, Inc. Announces Third Quarter Fiscal 2023 Earnings Release and Conference Call Date
Rhea-AI Summary
Latham Group, Inc. to release Q3 2023 financial results on November 7, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.5%
Tags
earnings
News
Latham Group, Inc. Reports Second Quarter Fiscal 2023 Financial Results
Rhea-AI Summary
Latham Group reports Q2 net sales of $177.1 million, down 14.3% YoY. Net loss for six months is $8.7 million. Adjusted EBITDA for Q2 is $31.0 million, down 36.3% YoY. Total liquidity is $118.1 million. Updated FY2023 outlook: Net sales $570-600 million, Adjusted EBITDA $90-100 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.8%
Tags
earnings
Stock SWIM logo
Latham Group Inc

Nasdaq:SWIM

SWIM Rankings

#3270 Ranked by Market Cap
#4728 Ranked by Stock Gains
N/A Ranked by Dividends

SWIM Stock Data

396.93M
38.34M
9.13%
84.9%
1.08%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States
Latham

About SWIM

latham pool products is the leading manufacturer of inground residential swimming pools and components in north america. homeowners from coast to coast enjoy the full benefits of pool ownership thanks to innovative latham products. and pool and spa professionals from coast to coast partner with latham to enjoy the full benefits of our broad product lines, best-in-class quality and industry-leading support. latham pools are available in an extensive variety of sizes and shapes with a number of exciting options that will transform your backyard into an outdoor entertainment center. with the help of your professional pool dealer, you will be able to customize your backyard to suit your individual taste.