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Latham Group shared its earnings call, showing sales up 12.5% to $182.2 million last quarter.

ResultsRead the original at Benzinga
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Latham's Q3 sales and adjusted profit measure grew, led by fiberglass pools and stronger sales in the Sand States. Rising costs remain a concern, but management expects pricing to cover them, so the results support a stronger outlook.

SWIM · Latham Group

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The AI's read

Fiberglass pools drove much of the growth, and sales in Florida and Texas rose quickly. This suggests Latham is gaining sales even without a broad market rebound. The company expects pricing to cover higher costs and says margins can keep growing. If pricing falls short, rising costs could limit profit gains.

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