Latham Group releases transcript of first-quarter 2026 earnings call

Latham Group

Latham Group

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  • Latham Group first-quarter 2026 earnings call drew President and CEO Sean Gadd, CFO Oliver Gloe, Investor Relations representative Casey Kotary, analysts, and investors.
  • Revenue rose to $117 million from $111 million, driven by 3% organic growth plus 2% from one month of Freedom Pools; gross margin widened to 32% from 30% while adjusted EBITDA increased to $12 million from $11 million.
  • Net loss widened to $9 million from $6 million as SG&A climbed to $37 million, reflecting higher sales and marketing spend, digital initiatives, integration costs, and $2.3 million of performance-based earn-out expense tied to Coverstar Central.
  • Management reaffirmed 2026 outlook for 9% revenue growth and 13% adjusted EBITDA growth at midpoint, assuming flat new U.S. pool starts; April order trends were described as strong despite weather-related disruption in early quarter.
  • Temporary fuel surcharges were introduced to offset higher transportation costs on a dollar basis, with freight impact estimated at about 60 basis points for year; commodity inflation risk tied to oil derivatives was described as too early to quantify, with mid-season pricing action possible based on prior-year precedent.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Latham Group Inc. published the original content used to generate this news brief on May 13, 2026, and is solely responsible for the information contained therein.