On August 20, 2026, Latham Group, Inc. entered into a new Credit Agreement to replace its existing debt facility with Barclays Bank PLC. The agreement establishes a $75 million senior secured revolving credit facility maturing in 2031 and a $300 million senior secured term loan facility maturing in 2033. Proceeds were used to repay outstanding obligations under the prior February 2022 agreement. The new facilities are secured by substantially all assets of Latham Pool Products, Inc. and its guarantors, with interest rates tied to SOFR or prime plus margins ranging from 2.25% to 4.00%. This significant refinancing alters the company's capital structure and debt maturity profile. Latham Group, Inc. manufactures and distributes swimming pool equipment and accessories.

Latham Group, Inc. reported second quarter fiscal 2026 financial results ending June 27, 2026. Net sales increased 14.4% to $197.5 million, driven by a 13.6% organic growth rate and the acquisition of Freedom Pools. In-ground pool sales rose 22.5%, while gross profit grew 9.6% to $70.1 million despite a 140 basis-point margin headwind from $2.8 million in incremental ramp-up costs. Adjusted EBITDA increased 11.9% to $44.6 million, with a margin of 22.6%. Net income was $12.8 million ($0.11 per diluted share), down from $15.9 million in the prior year period due to unfavorable foreign currency impacts and higher SG&A expenses. The company raised its full-year 2026 guidance, anticipating net sales growth of 11.7% and adjusted EBITDA growth of 15.2%. Latham Group is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand.