Latham Group, Inc. — Third Quarter 2026 Earnings Summary

Latham Group, Inc. reported third-quarter 2026 net sales of $182.2 million, representing a 12.5% increase driven by 8.4% organic growth and strong performance in the Sand States. The company achieved a gross margin of 36.7%, an expansion of 130 basis points, while adjusted EBITDA rose 18.1% to $45.3 million. Latham reaffirmed its full-year guidance, narrowing net sales growth expectations to 11.7% and adjusted EBITDA growth to 15.2% at the midpoints. Additionally, the Board of Directors approved a $100 million share buyback program to reflect confidence in the company's long-term outlook.