Latham Group Inc

SWIM remains in a Stage 2 corrective reset within a long-term uptrend. Price is consolidating below key moving averages with flat short-term EMAs and neutral indicators. The Medium-Term bias stays bullish but Short-Term timing is unfavorable. Execution is deferred, stalking pullbacks into the short-term EMA region for a cleaner entry.

• ↑Q1 net sales grew 5% YoY to $117M, with Freedom Pools adding 2% growth
• ↑Gross margin improved 220 bps YoY to 32% through lean manufacturing efficiencies
• ↓Operating expenses rose 20% YoY, weighing on thin profitability