In-Ground Pool Market in Line with ExpectationsLatham Fiberglass Pool Sales Continue to Show Relative StrengthLean Manufacturing, Value Engineering Initiatives and Improved Procurement Drive Meaningful Cost ReductionsNarrows Full Year 2024 Net Sales and Adjusted EBITDA Guidance Ranges Third Quarter 2024 Financial Highlights: Net sales of $150.5 millionNet income of $5.9 million / Earnings per diluted share of $0.05Adjusted EBITDA of $29.8 million / 19.8% of Net sales Nine Months 2024 Financial Highlights: ...

Latham Group, Inc. (SWIM) is slated to release third-quarter 2024 results on Nov. 5, 2024, after market close.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last quarter, the company’s adjusted earnings and net sales topped the Zacks Consensus Estimate by 275% and 2.6%, respectively. The bottom line grew 200% but the top line declined 9.6% year over year.SWIM surpassed the consensus mark for earnings in two of the trailing four quarters, missed on one occasion and reported b ...

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Latham Group (SWIM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Latham Group is one of 88 individual stocks in the Construction sect ...

LATHAM, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc. ("Latham" or "the Company"), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it will release financial results for the third quarter 2024 on Tuesday, November 5, 2024, after the close of the U.S. market. The Company will hold a conference call to discuss the results that same day at 4:30 PM Eastern Time. We encourage participants to pr ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

For Immediate Releases Chicago, IL – August 27, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: including Fulcrum Therapeutics Inc. (FULC) , Heritage Insurance Holdings Inc. (HRTG) , Latham Group Inc. (SWIM) , Seanergy Maritime Holdings Corp. (SHIP) and BrainsWay Ltd. (BWAY) . Here are highlights from Tuesday's A ...

Core Insights - Latham Group, Inc. has partnered with L.C. Williams & Associates to enhance its public relations strategy, aiming to elevate brand visibility and customer engagement [1][2][3] - The partnership will focus on media relations, thought leadership, influencer collaboration, and brand storytelling, leveraging LCWA's extensive experience in the home and lifestyle sectors [2][3] - Latham Group is recognized for its innovation and manufacturing excellence in the pool industry, offering a diverse range of high-quality products including fiberglass and vinyl liner pools, and safety covers [2][4] Company Overview - Latham Group, Inc. is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, with over 60 years of experience [4] - The company operates across 24 locations, providing a broad range of pool products designed to deliver high quality and value to homeowners [4] Strategic Goals - The collaboration with LCWA is expected to play a critical role in driving awareness and adoption of Latham's products, thereby accelerating market conversions and strengthening the brand [2][3] - Public relations initiatives are already in progress, with expanded outreach and activations planned for 2025 [3]

Latham Group (SWIM) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this swimming pool maker, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimat ...

Latham Group (SWIM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the syste ...

LATHAM, N.Y., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that Scott Rajeski, President and Chief Executive Officer, and Oliver Gloe, Chief Financial Officer, will host investor meetings at the Barclays 8th Annual Building & Building Products Conference. This event will take place on August 14, 2024, at Barclays' offices in New York, NY. About Latha ...