Latham Group Q1: Strong Growth, Expansion, & Market Confidence

Latham Group kicked off 2026 with robust first quarter results, reporting a 5% increase in net sales to $117 million. This growth was driven by a 3% organic increase and a boost from the acquisition of Freedom Pools in February. Despite challenging weather conditions in North America, in-ground pool sales rose by 4%, covers by 6%, and liners by 9%. The company is expanding into Australia and New Zealand through the Freedom deal and is addressing higher oil prices and Middle East tensions with fuel surcharges. Gross margins improved to 32% due to better production and lean manufacturing. Latham Group is focusing on the Sand States like Florida, investing in sales teams, marketing campaigns, and dealer support. They are confident in their ability to navigate costs and outperform the market, reaffirming full-year guidance of 9% revenue growth and 13% EBITDA growth. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c21c1b0eadabad99