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.
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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.
Hayward Holdings, Inc. (HAYW) reported a 30% decrease in net sales to $245.3 million for Q3 2022, along with a 54% drop in net income to $23.1 million. Adjusted EBITDA fell 39% to $60.4 million, and adjusted diluted EPS declined 43% to $0.14. The decline in sales was attributed to channel destocking and macroeconomic uncertainties. Hayward is implementing a cost optimization program targeting $25-$30 million in savings for 2023. The company has revised its full-year sales forecast, now expecting a 6% decrease from the previous year.
Hayward Holdings, Inc. (NYSE: HAYW) will report its third quarter 2022 earnings on November 1, 2022, at 9:00 a.m. Eastern Time. A conference call will follow, accessible via registration at their website. Investors can also listen to a live webcast, which will include an earnings presentation. Those who cannot attend live can access a replay approximately two hours after the call until November 15, 2022. Hayward is recognized for its innovative pool equipment and technology, contributing to a superior outdoor living experience.