Latham Q4 Loss Narrows, Sales Rise; Acquires Freedom Pools

MT Newswires Live
03/04

Latham Group (SWIM) posted a Q4 loss late Tuesday of $0.06 per diluted share, narrowing from a loss of $0.25 a year earlier.

Analysts surveyed by FactSet expected a loss of $0.09 per share.

Net sales for the quarter ended Dec. 31 were $100 million, up from $87.3 million a year earlier.

Analysts polled by FactSet expected $95.8 million.

For 2026, the company said it expects net sales of $580 million to $610 million. Analysts expect $571.3 million.

Separately, Latham said it acquired Freedom Pools, a fiberglass pool manufacturer and installer operating in Australia and New Zealand, for about $17 million. The transaction was completed on Feb. 26.

The company said the acquisition is expected to be immediately accretive to earnings, adding about $20 million in net sales and about $4 million in adjusted earnings before interest, taxes, depreciation and amortization on an annualized basis, before acquisition synergies.

The deal was fully funded with cash on hand, the company said.

Shares of Latham Group were up more than 20% in after-hours trading.

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