Latham Group narrows FY24 revenue view to $500M-$510M from $495M-$525M
The Fly

Latham Group narrows FY24 revenue view to $500M-$510M from $495M-$525M

Consensus $512.39M. Narrows FY24 adjusted EBITDA view to $77M-$83M from $75M-$85M. Sees FY24 capital expenditures $18M-$22M. “Our year-to-date performance reflects Latham’s market leadership position across our product portfolio and demonstrates our company’s resilience in the face of a significant decline in new pool starts. The growth strategies we are executing, with particular emphasis on fiberglass conversion and automatic safety cover adoption and gaining market share in the Sand States, together with strategic acquisition opportunities, position us to continue to outperform the industry,” Rajeski concluded.

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