Revenue and EBITDA Growth
Latham Group achieved year-on-year revenue growth of 7.8% and adjusted EBITDA growth of 15.7% in the second quarter of 2025.
Success in Autocovers and Marketing
Autocovers saw a sales increase of 46%, driven by acquisitions and organic growth. Marketing programs increased consumer engagement by 34%, and dealer leads grew by 20% year-to-date.
Gross Margin Improvement
Gross margin improved by 400 basis points to 37.1% due to volume leverage, lean manufacturing, and successful acquisitions.
Sand State Market Expansion
The company expanded its dealer base in Florida and Texas, increased marketing efforts, and launched new pool models tailored to these markets.
Positive Financial Outlook
Latham reconfirmed its 2025 guidance of 8% net sales growth and 19% adjusted EBITDA growth at the midpoints.