Latham Group, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2023
March 07, 2023 at 05:30 pm IST
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Latham Group, Inc. provided earnings guidance for the first quarter and full year of 2023. FOr the quarter, the company expected net sales of $565 million to $615 million.
FOr the year, the company expected net sales of $120 million to $130 million.
Latham Group, Inc. is a designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. The Company offers a range of pools and related products, including in-ground swimming pools, pool liners, and pool covers. Its in-ground swimming pools products include fiberglass pools and packaged pools. The Company offers a portfolio of fiberglass pools with customizable features that include different colors, elaborate finishes, floor mosaics, lighting options, water features, in-floor cleaning, tanning ledges, and spillover spas. The Company manufactures replacement liners and custom vinyl pools in the North American residential in-ground swimming pool market. The Company offers automatic safety covers and all-season pool covers. In North America, it operates under one banner, Latham, the Pool Company. Its sub-brands, which sit under the Latham master brand, include Narellan, CoverStar, Radiant, and GLI, among others.