Latham Group (SWIM)
NASDAQ:SWIM
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.16Last Year’s EPS
0.11Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive tone: the company reported modest top-line growth across all product lines, meaningful margin expansion (gross margin +220 bps, adjusted EBITDA margin +40 bps), accretive M&A (Freedom Pools) and reaffirmed 2026 guidance for revenue and EBITDA growth. Management acknowledged near-term headwinds — higher SG&A (including a $9M earnout), a larger capex profile, Q1 operating cash outflow, weather-driven organic softness, and commodity/transportation cost risks (temporary fuel surcharge ~60 bps) — but emphasized operational levers (lean/value engineering, targeted marketing, dealer segmentation) and strong early-season order trends. On balance, the positives (growth, margin improvement, accretive acquisition, confident guidance and strategic growth initiatives) outweigh the negatives (higher operating expenses, seasonal cash usage, cost inflation risk), supporting an overall constructive outlook.Company Guidance
Top-line Growth and Composition
Net sales of $117M in Q1 2026, up 5% year-over-year ($111M in Q1 2025). Growth comprised 3% organic and 2% from the one-month contribution of the Freedom Pools acquisition.
Product Line Sales Gains
In-ground pool sales $60M (+4% YoY, largely driven by Freedom Pools), cover sales $33M (+6% YoY), and liner sales $24M (+9% YoY).
Margin Expansion
Reported gross margin improved to 32%, up 220 basis points versus prior year (from 30%), driven by volume leverage and lean manufacturing/value engineering.
Adjusted EBITDA Improvement
Q1 adjusted EBITDA was $12M, up 9% year-over-year (from $11M). Adjusted EBITDA margin expanded to 10.4%, a 40 basis-point improvement.
Reaffirmed 2026 Guidance
Company reaffirmed full-year 2026 guidance of ~9% revenue growth and ~13% adjusted EBITDA growth at the midpoint, despite a flat U.S. pool-start outlook.
Strategic Acquisition and Market Expansion
Freedom Pools acquisition (closed Feb 26) is immediately accretive, expands presence in Australia/New Zealand (including Perth), and is expected to produce substantial revenue synergies and direct-to-consumer learnings.
Fiberglass Momentum and Sand States Strategy
Double-digit sales gains in fiberglass in priority Florida market; company expects fiberglass to approach ~80% of full-year in-ground pool sales in 2026 and is accelerating investments (sales, segmentation, marketing) to capture Sand States growth.
Operational and Financial Discipline
Lean manufacturing and value engineering continue to contribute meaningfully (~$2.0–$2.5M per quarter), companies maintained cash of $27M, net debt leverage ratio of 2.8x, and completed purchases of key fiberglass facilities to support capacity.
Strong Early-Season Order Trends
Management reported a strong April order file and pickup into May, supporting confidence in seasonal ramp and the decision to reaffirm guidance.
SWIM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SWIM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $5.86 | $5.81 | -0.85% |
Mar 03, 2026 | $6.44 | $7.20 | +11.80% |
Nov 04, 2025 | $7.20 | $6.95 | -3.47% |
Aug 05, 2025 | $6.84 | $7.34 | +7.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Latham Group (SWIM) report earnings?
Latham Group (SWIM) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).
What is Latham Group (SWIM) earnings time?
Latham Group (SWIM) earnings time is at Aug 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SWIM EPS forecast?
SWIM EPS forecast for the fiscal quarter 2026 (Q2) is 0.16.