Latham Group Reaffirms 2026 Guidance and Announces $100 Million Share Buyback
Latham Group (SWIM) reported strong third-quarter results, highlighted by a 12.5% increase in sales to $182.2 million. This growth was driven primarily by an 8.4% rise in organic sales. The company also saw significant margin expansion, with adjusted EBITDA increasing by 18.1% during the quarter. Looking ahead, management has reaffirmed its full-year 2026 guidance, projecting annual sales between $605 million and $615 million, with adjusted EBITDA expected to fall between $112 million and $118 million. To reward shareholders, the company also launched a new $100 million share repurchase program.
Tickers: $SWIM
Topics: EBITDA increase organic growth quarterly earnings revenue growth
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