Group 1 - Armstrong World Industries (AWI) reported quarterly earnings of $2.09 per share, exceeding the Zacks Consensus Estimate of $1.75 per share, and up from $1.62 per share a year ago, representing an earnings surprise of +19.43% [1] - The company achieved revenues of $424.6 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.17%, compared to $365.1 million in the same quarter last year [2] - Armstrong World Industries has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] Group 2 - The stock has gained approximately 19.5% since the beginning of the year, outperforming the S&P 500's gain of 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $2.00 on revenues of $418.97 million, and for the current fiscal year, it is $7.03 on revenues of $1.6 billion [7] - The Zacks Industry Rank for Building Products - Miscellaneous is in the top 38% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8]

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 [4] - The company operates with approximately 1,850 employees across 30 locations [4] Financial Results Announcement - Latham Group will release its financial results for the second quarter of 2025 on August 5, 2025, after the close of the U.S. market [1] - A conference call to discuss the results will take place on the same day at 4:30 PM Eastern Time [1] Conference Call Details - Participants are encouraged to pre-register for the conference call via a provided link [2] - A live audio webcast of the conference call will be available online [3] - For those unable to listen live, an archived webcast will be accessible approximately two hours after the call, lasting until August 5, 2026 [3]

Core Viewpoint - Latham Group (SWIM) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [4][6]. - For Latham Group, the recent upgrade reflects an improvement in the company's underlying business, suggesting that investor sentiment may lead to increased stock prices [5][10]. Earnings Estimate Revisions - For the fiscal year ending December 2025, Latham Group is projected to earn $0.11 per share, consistent with the previous year's figure, while the Zacks Consensus Estimate has risen by 75% over the past three months [8]. Zacks Rank System - The Zacks Rank system categorizes stocks based on earnings estimate revisions, with only the top 20% of stocks receiving a "Strong Buy" or "Buy" rating, indicating superior potential for market-beating returns [9][10].

Summary of Latham's Conference Call Company Overview - Latham is a leading producer of inground residential pools, specializing in fiberglass pools, vinyl liners, and pool covers [2][4] - The company is the largest manufacturer of inground swimming pools in North America, Australia, and New Zealand [4] Industry Insights - Fiberglass pools are gaining market share over concrete pools due to lower costs and faster installation [2][12] - The U.S. market for inground pools is currently at 62,000 pools sold in 2024, with expectations of a flat market in 2025 [15][42] - Fiberglass pools represent 23% of all pools installed in the U.S., a number that has increased from 16% in 2019 [14][48] - The company holds a 50% market share in the fiberglass category and is the market leader in other categories with shares of 30-40% [6][7] Growth Strategies - Focus on expanding market share in the "sand states" (Florida, Texas, Arizona, California) where fiberglass pools are underrepresented [4][8] - Strategic priorities include increasing customer awareness, expanding the dealer base, and tailoring products to regional market needs [9][24][30] - The company aims to increase fiberglass pool adoption in the sand states, leveraging demographic similarities to Australia, where fiberglass pools hold a 70% market share [23][24] Financial Performance - The company has implemented restructuring projects to improve operating efficiencies and reduce costs [5][41] - Guidance for 2025 includes an 8% increase in net sales, driven by organic growth and contributions from recent acquisitions [42][43] - EBITDA is projected to increase by 19% compared to 2024, with a target of $95 million in EBITDA for 2025 [44] Market Dynamics - The company has seen a consistent annual conversion rate of 100 basis points towards fiberglass pools [48] - Tariffs are expected to create a $20 million headwind in 2025, but the company has mitigated some of this impact through supply chain strategies and price increases [50][51] - There are no significant cancellations or delays reported, as current installations are based on long-term decisions made by cash buyers [52] Key Takeaways - Latham is well-positioned for growth in the fiberglass pool market, particularly in underrepresented regions - The company is actively managing costs while pursuing strategic growth initiatives - Financial projections indicate a strong outlook for the coming years, despite market challenges and external pressures like tariffs [41][44]

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 [1] - The company is headquartered in Latham, NY, and operates with approximately 1,850 employees across around 30 locations [1] Upcoming Investor Conferences - On June 3, 2025, the President and CEO, Scott Rajeski, and CFO, Oliver Gloe, will host investor meetings at the Stifel 2025 Cross Sector Insight Conference in Boston, MA [2] - On June 4, 2025, Scott Rajeski and Chris Daley, VP of Finance, will participate in a fireside chat at the Baird 2025 Global Consumer, Technology & Services Conference in New York, NY [2] - On June 5, 2025, CFO Oliver Gloe and Joshua Rickaby will present at William Blair's 45th Annual Growth Stock Conference in Chicago, IL [2] - Interested parties can access live webcasts and archived presentations through the company's investor relations website [2]

Group 1 - Latham Group, Inc. is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand [1] - The company has approximately 1,850 employees across around 30 locations [1] - Management will attend several upcoming investor conferences, including a virtual event on May 15, 2025, and an in-person event on May 28, 2025 [2] Group 2 - The Chief Financial Officer and other executives will host investor meetings at the Wolfe Research May Small Group/1x1 Conference and Craig-Hallum's 22nd Annual Institutional Investor Conference [2] - The in-person conference will take place at the Depot Renaissance Minneapolis Hotel in Minneapolis, MN [2]

Core Insights - Latham, The Pool Company emphasizes the importance of pool safety as summer approaches, collaborating with Bode Miller to promote essential safety tips during National Water Safety Month [1][2][3] Company Overview - Latham Group, Inc. is the largest designer, manufacturer, and marketer of in-ground residential swimming pools and accessories in North America, Australia, and New Zealand, with over 60 years of experience and operations across 24 locations [5] Safety Initiatives - The company is committed to educating homeowners on creating a secure pool environment, highlighting the significance of safety measures to prevent accidents [3][4] - Bode Miller's personal experience with drowning has motivated him to raise awareness about pool safety, underscoring the need for proactive measures such as swim lessons and automatic pool covers [2] Safety Tips - Five essential water safety tips provided by Latham include: 1. Never leave children unattended near pools [7] 2. Teach kids to swim, as formal lessons can reduce drowning risk by 88% [7] 3. Install an automatic safety cover to create a secure barrier [7] 4. Educate all household members on water safety rules [7] 5. Be prepared for emergencies with safety equipment and knowledge of CPR [7]