Latham Group releases transcript of 2Q 2026 earnings call

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.