Latham Group (SWIM) reported second-quarter 2026 net sales of $197.5 million, up 14.4% from a year earlier, for the quarter ended June 27, 2026. Net income was $12.8 million, or $0.11 per diluted share, compared with $16.0 million, or $0.13 per diluted share, in the prior-year period.
The company raised its full-year 2026 outlook, with updated net sales guidance of $600 million to $620 million and adjusted EBITDA guidance of $110 million to $120 million.
- Second-quarter gross profit increased 9.6% to $70.1 million, while gross margin was 35.5%.
- Adjusted EBITDA rose 11.9% to $44.6 million, with adjusted EBITDA margin of 22.6%.
- In-ground swimming pool sales were $96.3 million, covers sales were $41.0 million and liners sales were $60.2 million in the quarter.
- For the first six months of 2026, net sales were $314.8 million and net income was $4.2 million.
- Latham ended the quarter with $43.5 million in cash and total debt of $279.8 million.
- Updated 2026 capital expenditures guidance is $40 million to $45 million.
$SWIM Insider Trading Activity
$SWIM insiders have traded $SWIM stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SWIM stock by insiders over the last 6 months:
- JAMES E CLINE purchased 50,000 shares for an estimated $242,000
- OLIVER C. GLOE (CHIEF FINANCIAL OFFICER) purchased 15,050 shares for an estimated $73,745
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SWIM Hedge Fund Activity
We have seen 59 institutional investors add shares of $SWIM stock to their portfolio, and 79 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ACK ASSET MANAGEMENT LLC added 5,160,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $27,709,200
- CITADEL ADVISORS LLC removed 2,634,627 shares (-76.1%) from their portfolio in Q1 2026, for an estimated $14,147,946
- WELLINGTON MANAGEMENT GROUP LLP added 2,412,857 shares (+35.7%) to their portfolio in Q1 2026, for an estimated $12,957,042
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 2,045,782 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,985,849
- VOSS CAPITAL, LP removed 1,252,012 shares (-77.0%) from their portfolio in Q1 2026, for an estimated $6,723,304
- UBS GROUP AG removed 809,762 shares (-84.7%) from their portfolio in Q1 2026, for an estimated $4,348,421
- DIMENSIONAL FUND ADVISORS LP added 470,123 shares (+16.2%) to their portfolio in Q1 2026, for an estimated $2,524,560
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
