LATHAM, N.Y., May 29, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that management will attend the following investor conferences: About Latham Group, Inc. Lynn Morgen Casey Kotary ADVISIRY Partners latham@advisiry.com 212-750-5800 On June 4, 2024, Scott Rajeski, President and Chief Executive Officer, and Oliver Gloe, Chief Financial Officer, will host a fire ...

Contact: Lynn Morgen Casey Kotary ADVISIRY Partners latham@advisiry.com 212-750-5800 LATHAM, N.Y., May 29, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that management will attend the following investor conferences: About Latham Group, Inc. Latham Group, Inc., headquartered in Latham, NY, is the largest designer, manufacturer, and marketer of in- ground resid ...

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财务数据和关键指标变化 - 净销售额为1.106亿美元,同比下降19.7% [29] - 毛利率增加350个基点至27.7% [30] - 净亏损为790万美元,同比改善 [32] - 调整后EBITDA为1230万美元,同比增长11.4% [32] - 调整后EBITDA利润率为11.1%,同比改善 [32] 各条业务线数据和关键指标变化 - 地下泳池销售下降23.9%,但玻璃钢泳池相对较强 [29] - 泳池衬里销售下降9.2%,相对更为稳定 [29] - 泳池盖销售下降17.9% [29] 各个市场数据和关键指标变化 - 公司在加利福尼亚、亚利桑那和内华达等重要市场推出了新的浅池系列产品 [15] - 公司在北美重新推出了一些受欢迎的矩形泳池系列 [16] - 公司正在推出一系列新的玻璃钢泳池和自动安全盖产品 [16][17] 公司战略和发展方向及行业竞争 - 公司继续推动玻璃钢泳池和自动安全盖的普及和认知 [14] - 公司通过价值工程和精益制造举措持续提高运营效率 [22][23] - 公司保持强大的现金头寸,为应对市场波动和未来增长提供支持 [12][25] - 公司正在积极拓展新的经销商,包括一些首次接触玻璃钢产品的经销商 [20][21] 管理层对经营环境和未来前景的评论 - 公司对2024年市场下滑15%左右的预期保持谨慎 [71][73][98] - 公司认为2025年市场有望反弹,正在为此做好准备 [101] - 公司认为目前消费者对玻璃钢泳池和自动安全盖的需求保持较好 [50][51][98] - 公司表示正在与经销商合作,通过分阶段建造等方式帮助消费者应对融资环境变化 [99][100] 问答环节重要的提问和回答 问题1 **Jonathan Bettenhausen 提问** 询问公司2024年成本节约目标的实现情况 [44] **Oliver Gloe 回答** 公司在第一季度实现了约270万美元的成本节约,剩余部分将在第二季度实现 [45] 问题2 **Tim Wojs 提问** 询问公司是否看到经销商对玻璃钢产品的需求有所增加 [49][50] **Scott Rajeski 回答** 公司最近加大了对新经销商的招揽力度,并看到一些首次接触玻璃钢产品的经销商加入 [53][54] 问题3 **Andrew Carter 提问** 询问公司第一季度末的销售情况是否受到天气等因素的影响 [60][61][62][63] **Scott Rajeski 回答** 公司在第一季度末看到订单大幅增加,主要得益于天气较好的地区需求的增加以及公司的快速执行能力 [61][62][63]

Exhibit 99 Latham Group, Inc. Reports First Quarter 2024 Financial Results · First Quarter Results Benefitted from Strong Execution, Cost Savings, and Value Engineering and Productivity Initiatives · Fiberglass Pools Continued to Show Relative Strength · Company Re-Affirms Full Year 2024 Guidance First Quarter 2024 Financial Highlights: · Net sales of $110.6 million · Net loss of $7.9 million · Adjusted EBITDA of $12.3 million LATHAM, N.Y. -- May 7, 2024 -- Latham Group, Inc. (Nasdaq: SWIM), the largest des ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40358 LATHAM GROUP, Inc. (Exact name of registrant as specified in its charter) Delaware 83-2797583 (State or other jurisdict ...

The value proposition is compelling. Fiberglass pools have an average 25% to 30% lower upfront cost versus concrete, and a total overall lower cost of ownership of 35% to 40% over time. They can be installed as fast as one day by some of the best dealers and approximately 3 days on average for the majority of our dealers, compared to 3 to 6 months for most concrete pools. Our marketing spend continues to yield very positive results. Recent data show that Latham ranks number one in fiberglass pools, and in 2 ...

Exhibit 99 Latham Group, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Provides 2024 Guidance Full Year 2023 Sales Outperformed the U.S. In-Ground Pool Market in 2023 Driven by Continued Fiberglass Conversion Substantially Reduced Cost Structure During 2023 Full Year Operating Cash Flow of $116 Million Yielded Record Cash Position of $100 Million at Year-End 2024 Guidance Anticipates Continued Ability to Outperform Industry Amid Difficult Market Conditions Fourth Quarter 2023 Highligh ...

Good day, and welcome to the Latham Group Third Quarter Fiscal 2023 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. Thank you, Scott. I'm thrilled about the opportunity to join Latham. It has been an exciting first few days getting to meet with the team. I see incredible opportunity in this space and believe Latham is uniquely positioned to succeed over the long term. However, we've seen the timeline for the pool purchase decision stretch out further with homeown ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40358 LATHAM GROUP, Inc. (Exact name of registrant as specified in its charter) | Delaware | 83-2797583 | | --- | -- ...