Welcome to our dedicated page for Hayward Holdings news (Ticker: HAYW), a resource for investors and traders seeking the latest updates and insights on Hayward Holdings stock.
Hayward Holdings, Inc. reports developments for a global specialty water management business that designs, manufactures, and markets pool and outdoor living technology, as well as industrial flow control products. News commonly covers quarterly results, guidance updates, segment performance in North America and Europe and Rest of World, and the company’s aftermarket-focused pool equipment model.
Company updates also discuss product innovation across pumps, heaters, sanitizers, filters, LED lighting, water features, cleaners, and the IoT-enabled SmartPad™ platform. Recurring themes include price realization, volume trends, tariff mitigation, operating efficiency, cash flow, balance sheet leverage, and demand drivers tied to the installed base of pools.
Hayward Holdings, Inc. (NYSE: HAYW) has announced the participation of CEO Kevin Holleran, CFO Eifion Jones, and VP Stuart Baker in the Morgan Stanley Virtual 9th Annual Laguna Conference on September 15, 2021. They will engage in a fireside chat at 3:00 p.m. ET. Investors can access a live webcast and an investor presentation via Hayward's investor relations page.
Hayward is recognized for its innovative, energy-efficient pool and spa equipment, featuring brands such as AquaVac® and Super Pump®.
Hayward Holdings, Inc. (NYSE: HAYW) announced its participation in the Jefferies 2021 Virtual Industrials Conference on August 4, 2021. Key executives, including President and CEO Kevin Holleran and CFO Eifion Jones, will engage in a fireside chat at 11:00 a.m. ET. Investors can access the live webcast and presentation on the company's investor relations website. Hayward is known for its comprehensive range of innovative and energy-efficient pool equipment and automation systems, featuring popular brands like AquaVac® and TriStar®.
Hayward Holdings (NYSE: HAYW) reported second-quarter fiscal 2021 results, showcasing a 66% increase in net sales to $364.4 million, driven by high demand in residential pool equipment. Gross profit surged by 72% to $168.0 million with a margin increase of 161 basis points to 46%. Net income rose by 182% to $52.8 million, while Adjusted EBITDA expanded by 81% to $110.4 million. The company raised its full-year guidance, expecting net sales growth of 54% to 58% and Adjusted EBITDA of $405M to $425M, reflecting confidence in ongoing demand for its products.
Hayward Holdings, Inc. (NYSE: HAYW) will release its Q2 2021 earnings results on August 2, 2021, followed by a conference call at 9:00 AM ET. Interested parties can register for the call online or listen via the company's Investor Relations webpage. A replay will be available two hours post-call until 11:59 PM ET on August 16, 2021.
Hayward is a global leader in designing and manufacturing pool equipment and automation systems, focused on energy-efficient solutions.
Hayward Holdings, Inc. (NYSE: HAYW) has launched its XE Series of ultra-high efficiency pool pumps, expanding market access with a mid-range pricing strategy. The series introduces seven models, all compliant with new U.S. Department of Energy (DOE) regulations effective July 19, 2021. These pumps exceed DOE efficiency benchmarks and feature dual-voltage capability and six adjustable speeds. A recent survey indicated that 55% of pool owners plan to upgrade their equipment for better energy efficiency, highlighting market potential for Hayward's latest innovation.
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.