Earnings Call Summary | Latham Group(SWIM.US) Q1 2024 Earnings Conference
Earnings Call Summary | Latham Group(SWIM.US) Q1 2024 Earnings Conference
The following is a summary of the Latham Group, Inc. (SWIM) Q1 2024 Earnings Call Transcript:
以下是瑞生集團（SWIM）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Latham Group's Q1 2024 reported net sales of $110.6 million, a decrease of 19.7% compared to Q1 2023.
Gross margin increased to 27.7% due to cost reductions, lower material costs, and lean manufacturing initiatives.
The company posted a net loss of $7.9 million, better than the net loss of $14.4 million in Q1 2023.
Adjusted EBITDA increased by 11.4% to $12.3 million.
The company noted deflation in key cost areas such as resins, PVC film, and aluminum.
瑞生集團2024年第一季度報告的淨銷售額爲1.106億美元，與2023年第一季度相比下降了19.7％。
由於成本降低、材料成本降低和精益製造舉措，毛利率提高到27.7％。
該公司公佈的淨虧損爲790萬美元，好於2023年第一季度的淨虧損1,440萬美元。
調整後的息稅折舊攤銷前利潤增長了11.4％，至1,230萬美元。
該公司注意到樹脂、聚氯乙烯薄膜和鋁等關鍵成本領域的通貨緊縮。
Business Progress:
業務進展：
Latham showed strong execution in Q1 2024 with improved production efficiency and new product launches like the Enchantment plunge pool series.
They're investing in performance-based compensation among other areas for future growth.
Latham is rolling out the Measure tool faster to simplify the pool measurement process for installers.
Even with a 15% market downturn in new pool starts, the company noted strong performance in fiberglass pools due to lower consumer cost.
The company is making moderate changes to meet future demand and plans to introduce new product models and feature-rich lines.
Latham expects a market rebound in upcoming years and is preparing for this by maintaining a conservative approach and launching new products.
瑞生在2024年第一季度表現出強勁的執行力，提高了生產效率，並推出了諸如Enchantment跳水池系列等新產品。
他們正在投資基於績效的薪酬以及其他領域，以實現未來的增長。
瑞生正在更快地推出測量工具，以簡化安裝人員的泳池測量流程。
儘管新開工的礦池市場下滑了15％，但由於消費者成本降低，玻璃纖維泳池表現強勁。
該公司正在進行適度的調整以滿足未來的需求，並計劃推出新的產品型號和功能豐富的產品線。
瑞生預計未來幾年市場將反彈，並正在通過保持保守方針和推出新產品來爲此做準備。
More details: Latham Group IR
更多詳情： 瑞生集團投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。