Latham Group shares surge 14.5% as Q4 revenue tops estimates By Investing.com
Company Performance: Latham Group, Inc. reported Q4 revenue of $87.27 million, exceeding analyst expectations despite a loss per share of $0.25 and a 4% year-over-year decline in revenue. For the full year 2024, net sales fell by 10.2% to $508.5 million due to lower sales volume amid challenging industry conditions.
Future Outlook: The company anticipates growth for fiscal year 2025, projecting net sales between $535 million and $565 million and adjusted EBITDA of $90 million to $100 million, indicating optimism among investors regarding Latham's ability to navigate industry challenges and capitalize on market opportunities.
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Latham Group to Release 2025 Financial Results on March 3
- Earnings Release Schedule: Latham Group will announce its fourth quarter and full year 2025 financial results on March 3, 2026, after the U.S. market closes, which is expected to significantly impact investor sentiment.
- Conference Call Details: The company will hold a conference call on the same day at 4:30 PM Eastern Time to discuss the financial results, encouraging participants to pre-register to ensure smooth access, reflecting the company's commitment to transparency.
- Registration Convenience: Participants can pre-register via the provided link and will receive a confirmation email with a unique conference passcode, ensuring registration is completed at least 10 minutes before the call to avoid technical issues.
- Webcast and Replay: The call will be available via live audio webcast, and investors unable to listen live can access the archived recording approximately two hours after the call, available until March 3, 2027, demonstrating the company's ongoing commitment to investor communication.
Latham Appoints Sean Gadd as New CEO Effective January 5, 2026
- Leadership Transition: Latham Group has appointed Sean Gadd as the new CEO, succeeding Scott Rajeski, who has served for over eight years, with Gadd set to officially take over on January 5, 2026, which is expected to drive further development in the North American market.
- Extensive Industry Experience: Gadd brings 21 years of experience from James Hardie, where he held full P&L responsibility as President of North America, successfully driving organic net sales growth, which is anticipated to provide similar growth momentum for Latham.
- Strategic Transformation Opportunity: Gadd's appointment aligns with Latham's material conversion and market penetration strategies, expected to accelerate market share growth, particularly in the Sand States.
- Board Restructuring: Gadd will also join Latham's Board of Directors, replacing Rajeski, who is thanked for his contributions, emphasizing continuity and stability in leadership.
"Putting It All Together: FDIS May Have a Value of $115"
ETF Analysis: The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) has an implied analyst target price of $114.84, indicating a potential upside of 12.38% from its current trading price of $102.19.
Notable Holdings: Key underlying holdings with significant upside potential include Latham Group Inc (SWIM), Planet Fitness Inc (PLNT), and Revolve Group Inc (RVLV), with expected price increases of 18.34%, 15.39%, and 15.02% respectively.
Market Sentiment: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they do not align with recent market developments.
Investor Research: It emphasizes the need for further investor research to assess the validity of analysts' targets in light of current company and industry trends.
Barclays Keeps Equal-Weight Rating on Latham Group and Increases Price Target to $8
Real-time Intelligence: Benzinga Pro offers fast and accurate stock market intelligence to help traders make informed decisions.
Exclusive Stories: The platform provides exclusive news stories generated by Benzinga reporters, enhancing the trading experience for its users.
Latham Named Among "America's Top Companies" by Newsweek
Recognition: Latham, The Pool Company has been named one of America's Greatest Companies 2025 by Newsweek, highlighting its excellence in financial performance, employee satisfaction, innovation, and sustainability.
Evaluation Process: The ranking was based on a comprehensive study involving over 151,000 employees and 3.3 million company reviews, assessing more than 120 key performance indicators related to leadership, integrity, and work-life balance.
Sustainability Efforts: Latham's commitment to environmental stewardship, including significant reductions in waste and greenhouse gas emissions, contributed to its recognition, as noted in their latest Environmental, Social and Governance (ESG) Report.
Company Overview: Headquartered in Latham, NY, Latham Group is the largest designer and manufacturer of in-ground residential swimming pools in North America, Australia, and New Zealand, with over 60 years of experience in the industry.
Latham Group, Inc. (SWIM) Q2 2025 Earnings Call Transcript
Earnings Conference Call: Latham Group, Inc. held its Q2 2025 earnings conference call on August 5, 2025, featuring key executives including CEO Scott Rajeski and CFO Oliver Gloe, who discussed the company's financial performance and future outlook.
Forward-Looking Statements: The company provided forward-looking statements regarding its financial performance, cautioning that actual results may differ due to various risks outlined in their SEC filings.
Latham Group to Release 2025 Financial Results on March 3
- Earnings Release Schedule: Latham Group will announce its fourth quarter and full year 2025 financial results on March 3, 2026, after the U.S. market closes, which is expected to significantly impact investor sentiment.
- Conference Call Details: The company will hold a conference call on the same day at 4:30 PM Eastern Time to discuss the financial results, encouraging participants to pre-register to ensure smooth access, reflecting the company's commitment to transparency.
- Registration Convenience: Participants can pre-register via the provided link and will receive a confirmation email with a unique conference passcode, ensuring registration is completed at least 10 minutes before the call to avoid technical issues.
- Webcast and Replay: The call will be available via live audio webcast, and investors unable to listen live can access the archived recording approximately two hours after the call, available until March 3, 2027, demonstrating the company's ongoing commitment to investor communication.
Latham Appoints Sean Gadd as New CEO Effective January 5, 2026
- Leadership Transition: Latham Group has appointed Sean Gadd as the new CEO, succeeding Scott Rajeski, who has served for over eight years, with Gadd set to officially take over on January 5, 2026, which is expected to drive further development in the North American market.
- Extensive Industry Experience: Gadd brings 21 years of experience from James Hardie, where he held full P&L responsibility as President of North America, successfully driving organic net sales growth, which is anticipated to provide similar growth momentum for Latham.
- Strategic Transformation Opportunity: Gadd's appointment aligns with Latham's material conversion and market penetration strategies, expected to accelerate market share growth, particularly in the Sand States.
- Board Restructuring: Gadd will also join Latham's Board of Directors, replacing Rajeski, who is thanked for his contributions, emphasizing continuity and stability in leadership.
"Putting It All Together: FDIS May Have a Value of $115"
ETF Analysis: The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) has an implied analyst target price of $114.84, indicating a potential upside of 12.38% from its current trading price of $102.19.
Notable Holdings: Key underlying holdings with significant upside potential include Latham Group Inc (SWIM), Planet Fitness Inc (PLNT), and Revolve Group Inc (RVLV), with expected price increases of 18.34%, 15.39%, and 15.02% respectively.
Market Sentiment: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they do not align with recent market developments.
Investor Research: It emphasizes the need for further investor research to assess the validity of analysts' targets in light of current company and industry trends.
Barclays Keeps Equal-Weight Rating on Latham Group and Increases Price Target to $8
Real-time Intelligence: Benzinga Pro offers fast and accurate stock market intelligence to help traders make informed decisions.
Exclusive Stories: The platform provides exclusive news stories generated by Benzinga reporters, enhancing the trading experience for its users.
Latham Named Among "America's Top Companies" by Newsweek
Recognition: Latham, The Pool Company has been named one of America's Greatest Companies 2025 by Newsweek, highlighting its excellence in financial performance, employee satisfaction, innovation, and sustainability.
Evaluation Process: The ranking was based on a comprehensive study involving over 151,000 employees and 3.3 million company reviews, assessing more than 120 key performance indicators related to leadership, integrity, and work-life balance.
Sustainability Efforts: Latham's commitment to environmental stewardship, including significant reductions in waste and greenhouse gas emissions, contributed to its recognition, as noted in their latest Environmental, Social and Governance (ESG) Report.
Company Overview: Headquartered in Latham, NY, Latham Group is the largest designer and manufacturer of in-ground residential swimming pools in North America, Australia, and New Zealand, with over 60 years of experience in the industry.
Latham Group, Inc. (SWIM) Q2 2025 Earnings Call Transcript
Earnings Conference Call: Latham Group, Inc. held its Q2 2025 earnings conference call on August 5, 2025, featuring key executives including CEO Scott Rajeski and CFO Oliver Gloe, who discussed the company's financial performance and future outlook.
Forward-Looking Statements: The company provided forward-looking statements regarding its financial performance, cautioning that actual results may differ due to various risks outlined in their SEC filings.
