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Latham Group Quarterly Sales Surge Drives Stock Price Soaring
Investing.com – In pre-market trading on Wednesday, Latham Group (NASDAQ: SWIM) stock surged 19.6% to $7.76 after the pool manufacturer reported Q4 earnings that exceeded analyst expectations.
The company stated that net sales for the quarter increased 14.5% year-over-year.
Latham Group noted strong performance in the U.S. market, with growth primarily driven by sales of fiberglass pools.
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