Latham Group, Inc. (NASDAQ:SWIM) Q4 2022 Earnings Call Transcript March 7, 2023 9:00 AM ET

Company Participants

Nicole Harlowe Edelman - Investor Relations

Scott Rajeski - President & Chief Executive Officer

Rob Masson - Chief Financial Officer

Conference Call Participants

Elizabeth Langan - Barclays

Tim Wojs - Baird

Sean Callan - Bank of America

Charles Perron-Piché - Goldman Sachs

Josh Pokrzywinski - Morgan Stanley

Andrew Carter - Stifel

Operator

Good morning, and welcome to the Latham Group, Inc. Fourth Quarter and Full Year Fiscal 2022 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Nicole Harlowe, Latham Investor Relations representative. Please, go ahead.

Nicole Harlowe Edelman

Thank you, and welcome to Latham's Q4 and Full Year Fiscal 2022 Earnings Call. Earlier this morning, we issued our earnings press release, which is available on the Investor Relations portion of our website, where you can also find the slide presentation that accompanies our prepared remarks. On today's call are Latham's President and CEO, Scott Rajeski; and CFO, Rob Masson. Following their remarks, we will open up the call to questions.

During this call, the company may make certain statements that constitute forward-looking statements. Such statements reflect the company’s views with respect to future events as of today and are based on our management’s current expectations, estimates, forecasts, projections, assumptions, beliefs and information. These statements are subject to a number of risks that could cause actual events and results to differ materially. Such risks and other factors are set forth in the company’s earnings release posted to its Investor Relations website and will be provided in our Form 10-K for fiscal year 2022. The company expressly disclaims any obligation to update or review publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

In addition, during today’s call, the company will discuss non-GAAP financial measures, which we believe could be useful in evaluating our performance. Reconciliations of historical adjusted EBITDA to net income, loss and adjusted EBITDA margin to net income, loss, margin calculated under GAAP can be found in our earnings press release and will be included in our Form 10-K for fiscal 2022. Reconciliations of net debt and net debt leverage to the comparable GAAP measure can be found in the slide presentation that accompanies our prepared remarks, which can be found on our Investor Relations website.