Latham Group, Inc. (NASDAQ:SWIM) Q4 2023 Results Conference Call March 12, 2024 4:30 PM ET

Company Participants

Casey Kotary - IR

Scott Rajeski - President & CEO

Oliver Gloe - CFO

Conference Call Participants

Robert Schultz - Baird

Shaun Calnan - Bank of America

Scott Stringer - Wolfe Research

Jonathan Bettenhausen - Truist Securities

Matthew Bouley - Barclays

Andrew Carter - Stifel

Michael Francis - William Blair

Susan Maklari - Goldman Sachs

Operator

Good afternoon, and welcome to the Latham Group Fourth Quarter and Full Year 2023 Earnings Conference Call. All participants will be in listen only mode. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Casey Kotary, Investor Relations representative. Please go ahead.

Casey Kotary

Thank you. This afternoon, we issued our fourth quarter and full year 2023 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, Oliver Gloe.

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 which reflect the company's views with respect to future events and financial performance as of today or the date specified.

Actual events and results may differ materially from those contemplated by such forward-looking statements due to risks and other factors that are set forth in the company's annual report on Form 10-K and subsequent reports filed or furnished with the SEC as well as today's earnings release.

The company expressly disclaims any obligation to update any forward-looking statements, except as required by applicable law. In addition, during today's call, the company will discuss certain non-GAAP financial measures. Reconciliations of the directly comparable GAAP measures to these non-GAAP measures can be found in the slide presentation that accompanies our prepared remarks, which can be found on our Investor Relations website.

I'll now turn the call over to Scott Rajeski.

Scott Rajeski

Thank you, Casey.

Good morning, and thank you all for joining us to review our fourth quarter and full year 2023 results and discuss our outlook for 2024. We were pleased that our fourth quarter results came in slightly ahead of our guidance range, capping a year in which we focused on several structural cost saving initiatives to mitigate the impact of another year of lower pool starts.