Latham Lifts 2026 Revenue Outlook to $610 Million After Q2 Sales Beat

3 articles · Updated · Yahoo Finance · Aug 13

$197.5 million in Q2 revenue topped analyst estimates by 4.8% as Latham posted 14.4% year-on-year growth and raised its full-year sales outlook to $610 million from $595 million.
Fiberglass pool demand and market share gains across core regions drove the upside, with management saying marketing initiatives and expansion in southern markets produced broad-based momentum.
Margins lagged the sales beat: adjusted EPS came in at $0.14 versus $0.16 expected, adjusted EBITDA missed estimates, and operating margin fell to 12.7% from 14.3% a year earlier.
The company tied that pressure to temporary ramp-up costs from a sudden demand surge and said those costs should be recovered in coming quarters, while full-year EBITDA guidance rose to $115 million.