Latham's Mixed Q1: Soft Sales, Solid Guidance

Latham Groups Q1 2022 earnings show mixed results: sales up 5.3% but short of expectations, EPS loss on target, adjusted EBITDA misses estimates, free cash flow worsens. Despite growth in product lines and Freedom Pools acquisition, in-ground pool sales remained flat due to bad weather. Shares held steady post-report. Lathams revenue growth has lagged peers, and profitability has been shaky. Full-year revenue guidance matches analyst views, EBITDA outlook beats expectations. Analysts predict 9.2% revenue growth and EPS jump to 7 cents next twelve months. Overall, a soft quarter but solid guidance suggests potential leverage and discipline. 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/2d742b2f49c8d3e0