Guidance reaffirmation plus $100M buyback signal confidence in sales and EBITDA targets.
Context
What happened: Latham Group reaffirmed its 2026 guidance and announced a $100M buyback on its Q3 2026 earnings call.
Key numbers: Q3 sales rose 12.5% to $182.2M, organic growth 8.4%, adjusted EBITDA up 18.1%, sand states sales up 21%. 2026 guidance: $605M-$615M sales, $112M-$118M adjusted EBITDA. Buyback: $100M.
Why it matters: Management pointed to double-digit sales and EBITDA growth in the quarter, with sand states sales accelerating, as it reiterated full-year targets and added a buyback.
Why it matters
Management pointed to double-digit sales and EBITDA growth in the quarter, with sand states sales accelerating, as it reiterated full-year targets and added a buyback.