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Latham Group sees strong growth with 50% market share and raised revenue guidance for 2024

Analyst Insights
23 Oct 2026
Seeking Alpha
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Bullish
Latham Group sees strong growth with 50% market share and raised revenue guidance for 2024

Latham Group holds a dominant 50% share of the North American fiberglass pool market and benefits from stable recurring revenues. The company has achieved double-digit revenue growth through acquisitions, geographic expansion, and price increases, despite some short-term profit pressure from investments in growth. Management has raised its full-year revenue guidance to $600–$620 million and EBITDA to $110–$120 million, signaling confidence in continued operational momentum. The stock trades at a discount compared to peers, with upcoming Q3 results expected to show further gains in revenue and profit.

Latham Group's market context is provided with a breadth of 134 priced Consumer Cyclical-sector US stocks on Pluang, where only 13 rose and 119 fell as of Oct 23, 2026 21:01 WIB. For readers following this sector, notable movers include JMKE at USD 17.05 with a 1-day change of -3.62% and a typical hold time on Pluang of 8 days, LULU at USD 100.38 with a 1-day change of -3.54% and a Pluang order activity of 5% Sell / 95% Buy with a typical hold time of 107 days, and SGHC at USD 10.95 with a 1-day change of -3.52% and a typical hold time of 8 days.

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