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. 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 (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.
Hayward Holdings, Inc. (NYSE: HAYW) announced plans to relocate its corporate functions from Berkeley Heights, New Jersey to Charlotte and Clemmons, North Carolina. This strategic move will involve transferring approximately 90 corporate employees, including senior leadership and finance teams, to North Carolina, where an existing facility already employs around 850 people.
The relocation aims to enhance synergies, improve decision-making, and achieve long-term cost savings, ultimately benefiting business operations and customer service.
Hayward Holdings announced its initial public offering (IPO) pricing of 40,277,778 common stock shares at $17.00 each. Hayward is offering 22,200,000 shares, with existing stockholders offering 18,077,778 shares. The offering may increase by 6,041,666 shares if the underwriter's option is exercised. Expected gross proceeds are $377.4 million, primarily to repay existing debt. Trading on the NYSE under the ticker symbol 'HAYW' is set to start on March 12, 2021, with the offering closing on March 16, 2021.