During the corresponding time, Latham Group Inc recorded a revenue increase by 5.29 % year on year, sequentially revenue grew by 17.37 %. While revenue at the Latham Group Inc 's corporate clients
Latham Group Inc's Comment on Sales, Marketing and Customers
The company designs, manufactures, and markets in-ground swimming pools, pool covers, and pool liners primarily for homeowners. It serves dealers who act as intermediaries in the pool purchasing process. Its market includes residential in-ground swimming pools in the United States, where fiberglass pools have lower penetration compared to markets such as Canada, Australia, New Zealand, and Western Europe. The company targets homeowners seeking high-quality, cost-effective pool products offering benefits like lower costs, faster installation, premium aesthetics, reduced chemical use, and lifetime warranties. The dealership market is highly fragmented and mainly comprises small, family-owned businesses.
In an innovative leap forward for the swimming pool industry, Latham Pool Products has announced the launch of two groundbreaking technological advancements: AI-powered measuring technology for vinyl pool liners and the latest firmware update for their Measure by Latham system. Collectively, these advancements promise to redefine how pool builders operate, transitioning them from manual measuring methods to an efficient, streamlined production process. Advancements in Pool Measurement TechnologyLatham s new AI-powered measuring technology leverages sophisticated algorithms to ensure precise dimensions for vinyl pool liners, a critical component for both builders and homeowners. Traditionally, pool builders h...
Latham Group Inc’s Comment on Sales, Marketing and Customers
The company designs, manufactures, and markets in-ground swimming pools, pool covers, and pool liners primarily for homeowners. It serves dealers who act as intermediaries in the pool purchasing process. Its market includes residential in-ground swimming pools in the United States, where fiberglass pools have lower penetration compared to markets such as Canada, Australia, New Zealand, and Western Europe. The company targets homeowners seeking high-quality, cost-effective pool products offering benefits like lower costs, faster installation, premium aesthetics, reduced chemical use, and lifetime warranties. The dealership market is highly fragmented and mainly comprises small, family-owned businesses.
Sources:
Latham Group Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Latham Group Inc’s corporate clients.
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