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Stock impact report

Latham Group, Inc. Reports Third Quarter 2024 Financial Results

Latham Group, Inc. (SWIM) 
Company Research Source: GlobeNewswire
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 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 third quarter 2024 ended September 28, 2024. Commenting on the results, S Show less Read more
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