Hayward Hldgs Inc Stock Price, News & Analysis

Hayward Holdings reported strong second quarter fiscal 2022 results, with net sales rising 10% year-over-year to $399.4 million. Sales in North America surged by 17%, while net income increased 25% to $66.3 million. Adjusted EBITDA also saw a 16% uplift, reaching $127.6 million. Despite robust demand in the U.S., Hayward has reduced its full-year guidance due to anticipated channel inventory adjustments and geopolitical impacts in Europe, projecting a decline of 2% to 6% in net sales.

Hayward Holdings has appointed Kevin Maczka as the new Vice President of Investor Relations, bringing over a decade of experience in public company finance. Based in Charlotte, N.C., Maczka will oversee investor relations and advise leadership on shareholder matters. Previously, he held similar roles at Belden and BB&T Capital Markets. Maczka aims to strengthen Hayward's reputation among investors, leveraging his extensive knowledge of equity markets.

Hayward Holdings, Inc. (NYSE: HAYW) will announce its second quarter 2022 earnings on July 28, 2022, at 9:00 a.m. Eastern Time. Following the earnings release, a conference call will take place to discuss the results. Registration for the call is required and can be completed in advance. Additionally, an archived webcast of the call will be available on the company's Investor Relations site shortly after. Hayward specializes in innovative, energy-efficient pool equipment and technology, aiming to enhance outdoor living experiences.

Hayward Holdings (NYSE: HAYW) has announced its partnership with Savant Systems to integrate its OmniLogic control platform with Savant Home smart systems. This collaboration allows users to manage their pools, spas, and connected devices via Savant control devices, enhancing home automation capabilities. OmniLogic, a cloud-based platform, supports operations through various smart devices, offering features like temperature control and lighting management. This integration is positioned to deliver a more intuitive and powerful automation experience for homeowners.

Hayward Holdings (NYSE: HAYW) announced the acquisition of the specialty lighting business of Halco Lighting Technologies.

This acquisition enhances Hayward's product offerings in the pool, spa, and landscape lighting markets, including brands like ColorSplash® and Sollos®.

CEO Kevin Holleran emphasized that this move integrates with their OmniLogic® automation technology, boosting customer control over outdoor spaces.

Hayward aims to leverage this acquisition for further growth and innovation in outdoor living solutions.

Hayward Holdings, Inc. (NYSE: HAYW) announced its participation in several investor conferences. Key events include the Wolfe Research Global Transportation & Industrials Conference on May 26, 2022, at 9:10 a.m. ET (virtual), and the KeyBanc Capital Markets Industrials & Basic Materials Conference on June 1, 2022, in Boston. Additionally, the William Blair 42nd Annual Growth Stock Conference is set for June 9, 2022, at 12:40 p.m. CT in Chicago. Participants include CEO Kevin Holleran and CFO Eifion Jones. Live webcasts and presentations will be available on Hayward's investor relations webpage.

Hayward Holdings, Inc. (NYSE: HAYW) has appointed John Collins as Senior Vice President and Chief Supply Chain Officer, effective May 16, 2022. This appointment coincides with the retirement of Don Smith. Collins will manage all supply chain activities globally, focusing on operational effectiveness and continuous improvement. He brings over 20 years of experience from Textron Inc., where he held various positions in supply chain management. Collins will report to Kevin Holleran, CEO, and will work from the new headquarters in Charlotte, N.C.

Hayward Holdings, Inc. (NYSE: HAYW) has opened a new corporate headquarters in Charlotte, North Carolina, marking a significant expansion in the region. The headquarters, located in the Vantage South End building, houses approximately 90 employees, with plans to hire more across the Charlotte metropolitan area. This move follows Hayward's long-standing presence in North Carolina, highlighted by its manufacturing facility in Clemmons. The company aims to enhance local community ties, promote energy-efficient pool technology, and support the Step Into Swim initiative for swimming education.