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.
Hayward Holdings has launched the AquaRite S3 Salt Chlorination System, enhancing control in saltwater pool management. This system integrates with the top-rated Omni automation platform, allowing users to manage pools remotely through a mobile app or voice-enabled devices. It accommodates a wide range of salt concentrations and utilizes TurboCell® technology for easy inspection. The launch addresses ongoing chlorine shortages, offering a more sustainable and cost-effective sanitization solution, appealing to environmentally conscious consumers.
Hayward Holdings reported significant financial growth for Q4 and the full fiscal year 2021. Q4 net sales surged 35% to $352.4 million, while net income jumped 222% to $63.7 million. For the full year, net sales reached a record $1.4 billion, up 60%, and net income increased 370% to $203.7 million. The company announced a $450 million stock repurchase program and expects 2022 net sales growth of 9% to 12%, with Adjusted EBITDA ranging from $460 million to $475 million. Hayward's debt has been significantly reduced, enhancing its financial stability.
Hayward Holdings, Inc. (NYSE: HAYW) will report its Q4 and full year 2021 earnings on March 2, 2022, followed by a conference call at 9:00 a.m. Eastern Time. Investors can register for the call through the provided link, and a replay will be available shortly after. Hayward is recognized for its innovation in pool equipment and automation, focusing on energy-efficient and sustainable solutions. This earnings announcement is critical for investors to gauge the company's financial health and strategic direction.
Hayward Holdings, Inc. (NYSE: HAYW) is set to participate in the 2022 Pool and Spa Show in Atlantic City, showcasing new technologies aimed at enhancing the pool owner experience while reducing resource consumption. During the event, Hayward will highlight its award-winning products, including the TriStar™ VS Omni Pumps, recognized for energy efficiency. Recently, the company expanded its portfolio through strategic acquisitions, enhancing its SmartPad™ system. The event runs from January 25 to 27, 2022, with representatives available to discuss their leading products.
Hayward Holdings, Inc. announced preliminary estimated unaudited consolidated financial results for the fiscal year ended December 31, 2021. The results indicate a range for net sales, net income, and adjusted EBITDA. However, these estimates are based on incomplete closing procedures and are subject to significant changes. The company cautions against placing undue reliance on these preliminary figures, as final results will depend on management's review and audit completion.
Hayward Holdings, Inc. (NYSE:HAYW) announces the appointment of Derek Spearman as the Vice President of US Manufacturing. Spearman, with extensive experience in operations leadership and Lean Manufacturing, will oversee all plant and planning operations at Hayward's US facilities. Previously with the Timken Company, he managed operations and budgets exceeding $100 million. His role is seen as vital for enhancing operational capacity and quality. Hayward continues to focus on energy-efficient pool technology and innovative manufacturing strategies.
Hayward Holdings, Inc. (NYSE: HAYW) has acquired Water Works Technologies Group, LLC, enhancing its portfolio of pool equipment and IoT technologies. This acquisition follows recent purchases of SmartPower and SmartValve, collectively advancing Hayward's position in smart technology for pools and spas. Water Works specializes in high-end water features with LED lighting, integrating seamlessly into Hayward's OmniLogic ecosystem. The new offerings aim to provide cost-efficient, energy-saving solutions while enhancing outdoor living experiences.
Hayward Holdings, Inc. (NYSE: HAYW) has authorized a new stock repurchase program for up to $450 million of its common stock over the next three years. Funded through cash on hand and operational cash flow, this initiative reflects the company’s strong financial position post-IPO. The repurchase aims to enhance shareholder value, with management expressing confidence in future growth. The actual execution of the buyback will depend on market conditions and is discretionary.
Hayward Holdings, Inc. (NYSE: HAYW) has announced an exclusive agreement with Plungie to supply pool equipment for all future North American installations of their monolithic concrete pools. This partnership features Hayward’s advanced pumps, Omni automation platform, and AquaRite S3 salt chlorinators, promising cost savings and convenience for consumers. Plungie's expansion in North America is supported by a new ISO-accredited facility in Dallas. This collaboration is expected to enhance market growth for both companies, aligning with their goals of eco-friendly pool solutions.
Hayward Holdings, Inc. (NYSE: HAYW) has been recognized with top honors for its TriStar family of pumps at the 2021 Integrated Home Competition by the Consortium for Energy Efficiency (CEE). The VS Omni 900 and VS Omni 950 models were acknowledged for their advanced control and energy efficiency, scoring a record-breaking 12.9 on the Department of Energy’s Weighted Energy Factor scale. Hayward’s variable-speed pumps have saved 1.1 billion kilowatt-hours of energy since 2018 and also received the ENERGY STAR® Award for Excellence in Product Design in April 2021.