Latham Q2 2026 net income falls 20.19% to $12.75 million; net sales rise 14.39% to $197.47 million
Reuters2026/08/04 20:35- Latham Group posted Q2 net income of USD 12.75 million, down 20.19% from a year earlier, while net sales rose 14.38% to USD 197.47 million.
- Adjusted EBITDA (non-GAAP) climbed 11.86% to USD 44.62 million, while the adjusted EBITDA margin narrowed 0.5 percentage points to 22.6%.
- For the first half, net income fell 57.89% to USD 4.22 million on net sales up 10.82% to USD 314.79 million.
- Latham raised its 2026 net sales outlook to USD 600 million-USD 620 million, lifting the adjusted EBITDA (non-GAAP) floor to USD 110 million.
- Capital expenditures were revised to USD 40 million-USD 45 million, while management forecast new U.S. pool starts in 2026 to be roughly flat vs. 2025.
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