Hayward Hldgs Inc Stock Price, News & Analysis

Hayward Holdings, Inc. (NYSE: HAYW) has announced it will report its first quarter 2023 earnings on May 4, 2023, followed by a conference call at 9:00 a.m. Eastern Time. Investors can access the live call via the company’s Investor Relations website or by dialing designated phone numbers. A replay will also be available approximately two hours after the call, until May 18, 2023. Hayward specializes in pool and outdoor living technology, offering a range of energy-efficient products connected through its IoT-enabled SmartPad™.

Hayward Holdings, Inc. (NYSE: HAYW) announced that funds affiliated with CCMP Capital Advisors and Alberta Investment Management Corporation intend to offer 16,000,000 shares of common stock through an automatic shelf registration with the SEC. The underwriters will have a 30-day option to purchase up to an additional 2,400,000 shares. All net proceeds will go to the Selling Stockholders, as no shares are being sold by Hayward. Goldman Sachs & Co. LLC is the underwriter for this offering. Investors are advised to review the prospectus related to this offering for more detailed information.

Hayward Holdings reported a 27% decline in net sales for Q4 FY2022, totaling $259 million, attributed to lower volumes and macroeconomic uncertainties. Net income fell 75% to $16 million, while adjusted EBITDA dropped 50% to $53.3 million. Despite a 6% decrease in full-year sales at $1.314 billion, GAAP diluted EPS rose 59% to $0.78. The company initiated cost reduction measures aimed at saving $25-$30 million in 2023. Looking ahead, Hayward expects Q1 2023 net sales to decrease by 18% to 22% and adjusted EBITDA to be $265-$285 million.

Hayward Holdings, Inc. (NYSE: HAYW) will announce its fourth quarter and full year 2022 earnings on February 28, 2023, at 9:00 a.m. Eastern Time. The earnings report will be followed by a conference call to discuss the results. Interested parties can register for the call via the company's official link, and a replay will be available approximately two hours afterwards and until 11:59 p.m. Eastern Time on March 14, 2023. Hayward specializes in pool and outdoor living technology, providing a range of energy-efficient and sustainable solutions for residential and commercial needs.

Hayward Holdings, Inc. (NYSE: HAYW) will showcase its innovative pool and outdoor living technology at the 2023 Pool and Spa Show in Atlantic City, N.J., from January 24-26, 2023. The Company will highlight its range of products, including ENERGY STAR certified pumps and IoT-enabled SmartPad™ systems, designed to improve efficiency and user experience. Hayward has made significant strides in connected technologies with recent additions to its portfolio, enhancing customer convenience in pool management. Representatives will be available at Booth #2819 to discuss these industry-leading products and solutions.

Hayward Holdings, Inc. (NYSE: HAYW) announced that its subsidiary, Hayward Industries, Inc., secured $125 million in an Incremental Term Loan B. The loan will help repay borrowings, boost cash reserves, and cover related expenses. It carries a floating interest rate and matures in May 2028. CFO Eifion Jones expressed that this financing enhances liquidity and financial flexibility to support growth initiatives. The loan's closing is expected later this month, contingent on customary conditions.

Hayward Holdings, Inc. (NYSE: HAYW) has announced its participation in the Baird Global Industrial Conference on November 8, 2022, in Chicago, Illinois. Management will present at 9:05 a.m. CT (10:05 a.m. ET). A live webcast of the presentation is available on Hayward's Investor Relations page. Hayward specializes in energy-efficient pool equipment and technology, offering products connected through IoT-enabled solutions to enhance water experiences.