Welcome to our dedicated page for Hayward Hldgs news (Ticker: HAYW), a resource for investors and traders seeking the latest updates and insights on Hayward Hldgs stock.
Hayward Holdings, Inc. (NYSE: HAYW) is a global designer, manufacturer, and marketer of pool and outdoor living technology, and its news flow reflects this focus. Company announcements frequently cover quarterly and annual financial results, where Hayward reports on net sales, gross profit, operating income, net income, and non-GAAP measures such as adjusted EBITDA and adjusted diluted EPS. These releases also provide commentary on segment performance in North America and Europe & Rest of World, as well as updates on balance sheet metrics and cash flow from operations.
Investors following HAYW news will see regular earnings releases and guidance updates, including discussions of pricing actions, volume trends, tariff impacts, and operational efficiencies in manufacturing facilities. Hayward’s communications often highlight its aftermarket model, the role of early buy programs, and the contribution of acquisitions such as ChlorKing to segment results. Outlook sections discuss expectations for net sales and adjusted EBITDA, along with the company’s views on long-term pool industry dynamics and secular trends in outdoor living and technology adoption.
Beyond financial results, Hayward news items include corporate governance and strategic developments, such as board appointments that bring additional water industry and industrial technology experience, and participation in investor conferences. Technology and operations updates also appear, including third-party announcements about the rollout of enterprise systems like Microsoft Dynamics 365 Finance and Supply Chain Management in European operations, supporting Hayward’s goal of standardizing processes and enhancing customer experience.
This news page aggregates these updates so readers can track how Hayward’s pool and outdoor living technology business evolves over time, how management describes its strategy and risk environment, and how financial performance and capital allocation decisions, such as share repurchase authorizations, are communicated to the market.
Hayward Holdings (NYSE: HAYW) released results from its "Pool Trends" survey, revealing significant concerns among pool owners regarding a chlorine shortage following Hurricane Laura's impact on chlorine production. 76% of respondents use chlorine for sanitization, and 50% are worried about its availability. The preference for alternative sanitization techniques is rising, with 42% planning pool remodels. The survey indicates a shift toward systems like salt chlorine generators, which could reshape the market, given the 25 million pools worldwide.
Hayward Holdings has been added to the Russell 1000® Index, effective June 28, 2021, as part of its annual reconstitution. This index includes the largest 1,000 companies in the Russell 3000® based on total market capitalization. CEO Kevin Holleran stated that this inclusion highlights Hayward's strong brand in the pool equipment market. The Russell indexes are critical benchmarks for investment managers, with approximately $10.6 trillion in assets linked to these indexes, signifying increased visibility and investor interest for Hayward.
Hayward Holdings (NYSE: HAYW) announced the opening of a 326,000 square-foot distribution center in Mocksville, N.C., its largest facility, to be operational by the end of 2021. This center will enhance service for expanding markets in North America, Europe, Australia, and Latin America. It complements the existing Clemmons facility, increasing Hayward's footprint to approximately 1.3 million square feet. The project also features a customer training center and reflects the company's commitment to meeting growing demand, especially amidst the current chlorine shortage.
Hayward Holdings, Inc. (NYSE: HAYW) reported a fire incident at its Yuncos, Spain production campus. Fortunately, all employees were safely evacuated without major injuries. The affected building produces fiberglass laminated filters; however, other manufacturing operations, including pumps and lighting, were not impacted. Production resumed the same day, ensuring continuity of service. CEO Kevin Holleran stated the business impact is not material and emphasized available alternative filtration technologies for customers during the investigation and rebuilding process.
Hayward Pool Products has expanded its OmniLogic app compatibility, enabling control of pool and spa features via an Apple Watch. This enhancement allows users to manage pump speeds, adjust temperatures, and choose lighting colors conveniently from their wrist without needing their phones. The OmniLogic app, favored by both pool owners and builders, boasts an average rating of 4.5 stars from over 1,500 reviews. The new feature is available for Apple Watch Series 3 and newer, running on WatchOS 7 and above.
Hayward Holdings (NYSE: HAYW) announced its participation in two upcoming investor conferences. The first is the William Blair’s 41st Annual Growth Stock Conference on June 2, 2021, at 3:40 p.m. ET, featuring CEO Kevin Holleran and CFO Eifion Jones. The second is the KeyBanc Capital Markets’ Virtual Industrials & Basic Materials Conference on June 3, 2021, at 12:00 p.m. ET, also with Holleran and Jones participating. Webcast links for both events can be found on Hayward’s investor relations website.
Hayward Holdings, Inc. (NYSE: HAYW) announced it secured a $1 billion senior secured term loan facility through its subsidiary, Hayward Industries, Inc. Proceeds will refinance existing loans, enhance cash reserves, and pay related fees. This refinancing is expected to reduce interest expense by $7-$10 million annually and extend maturity to 2028. The facility has a 0.50% original issue discount and a floating interest rate starting at LIBOR plus 2.75%. CFO Eifion Jones highlighted the enhanced financial flexibility for future growth.
Hayward Holdings (NYSE: HAYW) has launched HydraPure, a new pool water sanitization system utilizing advanced oxidation process (AOP) technology. This innovation aims to enhance pool safety while significantly decreasing chlorine use amid rising prices due to supply shortages. CEO Kevin Holleran highlighted the growing investment in outdoor spaces and the need for eco-friendly solutions. Additionally, Hayward continues its sponsorship of Olympic swimmer Kathleen Baker, emphasizing their commitment to quality pool water safety for swimmers.
Hayward Holdings, Inc. (NYSE: HAYW) will release its Q1 2021 earnings results on May 5, 2021, before market opens. A conference call to discuss the results is scheduled for the same day at 9:00 a.m. Eastern Time. Interested participants can register for the call or listen via a webcast on the company's Investor Relations website. A replay will be available after the call until May 19, 2021. Hayward is known for its innovative, energy-efficient pool and spa equipment, including popular brands like AquaVac and Super Pump.
Hayward Holdings has been awarded the ENERGY STAR Award for Excellence in Product Design 2021 by the U.S. EPA, acknowledging their commitment to energy efficiency. Their Ultra-high Efficiency pumps achieved the #1 rating in energy efficiency per new Department of Energy standards. With upcoming regulations in July impacting pump performance, Hayward's advancements in variable-speed pumps and the launch of the 100% Satisfaction Guarantee program reflect strong consumer confidence. The TriStar VS 900 pump boasts the highest WEF score in the industry.