Every material Form 8-K Latham Group, Inc. has filed with the SEC since August 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Latham Group reported fiscal third-quarter 2026 net sales of $182.2 million, up 12.5%, and net income of $12.1 million, or $0.10 per diluted share, up from $8.1 million, or $0.07, a year earlier. The company narrowed its full-year 2026 guidance to net sales of $605-615 million and adjusted EBITDA of $112-118 million, and its board approved a three-year $100 million stock repurchase plan. Nine-month net income fell 10.3% to $16.3 million, and the quarter included a $5.0 million loss on debt extinguishment.
Third-quarter net sales were $182.2 million, up 12.5%, including 8.4% organic growth.
Third-quarter net income was $12.1 million, or $0.10 per diluted share, versus $8.1 million, or $0.07, a year earlier.
FY 2026 net sales guidance narrowed to $605-615 million from $600-620 million; adjusted EBITDA guidance narrowed to $112-118 million from $110-120 million.
Board approved a three-year $100 million stock repurchase plan.
Latham Group subsidiaries entered into a new Credit Agreement on August 20, 2026, providing a $75 million revolving credit line and a $300 million term loan from Jefferies Finance LLC as administrative agent. Proceeds were used to repay and terminate the existing February 23, 2022 credit agreement with Barclays Bank PLC. The new debt is secured by substantially all assets of the borrower and guarantors, and the filing does not state a change in total debt beyond the facilities themselves.
Revolving credit line of $75 million, maturing August 20, 2031, with interest based on SOFR, CORRA, EURIBOR or BBSY plus margins of 2.25% to 3.50%
Term loan of $300 million, maturing August 20, 2033, priced at Term SOFR plus 4.00% or Alternate Base Rate plus 3.00%, with 0.25% quarterly amortization
Proceeds used to repay and terminate the Credit and Guaranty Agreement dated February 23, 2022 with Barclays Bank PLC as agent
Springing maximum First Lien Net Leverage Ratio of 5.20:1.00 applies if revolver usage exceeds 40% of commitments at quarter-end
Latham Group reported second-quarter 2026 net sales of $197.5 million, up 14.4%, but net income fell to $12.8 million, or $0.11 per diluted share, from $16.0 million, or $0.13, a year earlier. The company raised its full-year 2026 net sales and adjusted EBITDA guidance, while cutting its capital expenditure range, so shareholders get stronger top-line expectations alongside lower reported profit this quarter.
Q2 net sales rose 14.4% to $197.5 million, with 10.3% organic growth.
Q2 net income was $12.8 million ($0.11 per diluted share) versus $16.0 million ($0.13) a year earlier; the company cited a $5.0 million unfavorable currency change.
Q2 adjusted EBITDA rose 11.9% to $44.6 million, with margin at 22.6%; gross margin fell 160 basis points to 35.5%.
FY 2026 net sales guidance rose to $600-620 million from $580-610 million; adjusted EBITDA guidance rose to $110-120 million from $105-120 million.
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