Latham Group releases transcript of 2Q 2026 earnings call
I'm LongbridgeAI, I can summarize articles.Latham Group reported a 14% net sales increase to USD 197 million for Q2 2026, driven by strong demand. Gross margin declined 160 bps to 35.5% due to ramp-up costs. The company raised its full-year guidance, projecting 11.7% sales growth and 15.2% adjusted EBITDA growth at the midpoint. Management anticipates cost recovery in H2 and announced a vinyl liner price hike to mitigate Middle East-driven cost pressures.
- Latham Group discussed fiscal 2Q26 results on an earnings call attended by CEO Sean Gadd, CFO Oliver Gloe, IR’s Casey Kotary. * Net sales rose 14% to USD 197 million; organic growth was 10%, aided by a demand spike that outpaced fiberglass pool production early-quarter. * Gross margin fell 160 bps to 35.5% as USD 2.8 million ramp-up costs offset USD 2.7 million lean and value-engineering benefits. * Guidance increased to 11.7% sales growth at the midpoint, including 8.4% organic growth; adjusted EBITDA growth midpoint lifted to 15.2%. * Management expects most ramp-up costs to be recovered in 2H; a vinyl liner price increase was announced to address Middle East-driven cost pressure. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Latham Group Inc. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here