Latham Group, Inc. (SWIM) Misses Q4 EPS by 8c, Revenues Beats

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Go back to Latham Group, Inc. (SWIM) Misses Q4 EPS by 8c, Revenues Beats

Latham Group, Inc. Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

March 7, 2023 7:00 AM EST

Introduces Full Fiscal Year 2023 Outlook; Provides Guidance for First Quarter Fiscal 2023

LATHAM, N.Y., March 07, 2023 (GLOBE NEWSWIRE) -- Latham Group, Inc. (Latham or "the Company") (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced financial results for the fourth quarter and full fiscal year 2022 ended December 31, 2022.

Fourth Quarter Fiscal 2022 Highlights:

Net sales of $107.9 million, down 22.3% year-over-yearNet loss of $19.0 million versus net loss of $6.0 million in the prior year period,... More