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Hayward Holdings, Inc. (HAYW) is a global leader in the manufacture and marketing of residential and commercial pool and spa equipment, as well as industrial flow control products. Based in Elizabeth, NJ, Hayward designs and produces a comprehensive line of energy-efficient pool and spa equipment. Their offerings include pumps, filters, heaters, cleaners, salt chlorinators, automation systems, lighting, and safety products.
The company has built a reputation over its 80-year history for innovation, energy efficiency, safety, and reliability. Hayward prides itself on listening to customer needs and incorporating feedback into the design and manufacturing process.
The Hayward Pool Products division is recognized as the largest manufacturer of residential swimming pool equipment worldwide, with a growing footprint in the commercial pool market. The company’s advanced pool and spa equipment aim to enhance the pool ownership experience, offering cutting-edge technology to its users.
Headquartered now in Charlotte, North Carolina, Hayward Holdings employs around 2,000 full-time employees and generated approximately $1.0 billion in revenue in 2023.
Recent achievements include the launch of several new products designed to improve energy efficiency and streamline pool maintenance, further cementing Hayward’s position as a leader in the industry.
For the latest updates, company performance, and stock news on Hayward Holdings, Inc., stay tuned to StockTitan.
Hayward Holdings (NYSE: HAYW) reported strong Q3 FY2024 results with net sales increasing 3% to $227.6 million and net income rising 40% to $16.5 million. The company demonstrated solid performance with Adjusted EBITDA growing 8% to $51.1 million and diluted EPS increasing 40% to $0.07. Gross profit margin expanded by 190 basis points to 49.7%. The North America segment showed 5% growth, while Europe & Rest of World experienced a 7% decline. Based on strong execution, Hayward refined its FY2024 guidance, projecting net sales of $1.020-1.040 billion and Adjusted EBITDA of $260-270 million.
Hayward Holdings, Inc. (NYSE: HAYW), a global designer, manufacturer, and marketer of pool and outdoor living technology, has announced its plans to report third quarter 2024 earnings on Tuesday, October 29, 2024. The company will host a conference call to discuss the results at 9:00 a.m. Eastern Time on the same day.
Investors can access the live conference call via webcast on the Investor Relations section of Hayward's website or by dialing (877) 423-9813 or (201) 689-8573. An earnings presentation will be available on the company's website prior to the call. For those unable to attend live, a replay will be accessible approximately three hours after the call through the archived webcast or by dialing (844)-512-2921 or (412)-317-6671 with access code 13749102. The replay will be available until November 12, 2024, at 11:59 p.m. Eastern Time.
Hayward Holdings (NYSE: HAYW), a global leader in pool equipment and outdoor living technology, has announced its participation in the Jefferies Industrials Conference in New York on September 5, 2024. The company's management is scheduled for a fireside chat at 8:40 a.m. ET on the same day.
Investors and interested parties can access a live webcast of the fireside chat through Hayward's investor relations website. This event provides an opportunity for stakeholders to gain insights into Hayward's business strategies and market position in the pool equipment industry.
The conference participation underscores Hayward's commitment to engaging with the investment community and showcasing its innovative products and technologies in the outdoor living sector.
Hayward Holdings, Inc. (NYSE: HAYW) has announced two key leadership appointments to enhance its commitment to innovation and customer excellence across North America. Jason DeBruin, previously Vice President of Sales, will transition to Vice President of Product Strategy for North America effective Sept. 3. Concurrently, Ryan Morson will rejoin Hayward as Vice President of Sales.
DeBruin, who has been with Hayward since 2010, will focus on advancing the company's product offerings to meet evolving customer needs with reliability, innovation, and industry-leading technology. Morson, returning to Hayward with extensive experience in strategic sales leadership, is recognized for his ability to establish customer relationships and drive profitable revenue growth.
Both appointments aim to strengthen Hayward's position as an innovative and reliable partner in the pool equipment and outdoor living technology industry. DeBruin and Morson will report directly to John Collins, Senior Vice President and Chief Commercial Officer.
Hayward Holdings (NYSE: HAYW) reported strong Q2 fiscal 2024 results, with net sales increasing to $284.4 million and net income rising 28% year-over-year to $37.6 million. The company achieved record gross margins of 51.0%, up 290 basis points, driven by operational efficiencies and net price increases. Adjusted EBITDA grew 4% to $82.6 million, with margins expanding 100 basis points to 29.0%. Diluted EPS increased 31% to $0.17, while adjusted diluted EPS rose 11% to $0.21.
Hayward narrowed its full-year 2024 guidance, now expecting net sales of $1.010-$1.040 billion (2-5% growth) and Adjusted EBITDA of $255-$270 million (3-9% growth). The company completed a strategic acquisition of ChlorKing, expanding its commercial pool water sanitization offerings.
Hayward Holdings (NYSE: HAYW), a global designer and manufacturer of pool and outdoor living technology, will report its second quarter 2024 earnings on July 30, 2024. A conference call to discuss the results will follow at 9:00 a.m. Eastern Time. Investors can listen to the webcast or access the call by dialing provided phone numbers. The earnings presentation will be available on the company's Investor Relations website before the call. For those unable to attend, a replay will be accessible two hours after the live event and will be available until August 13, 2024, through the company's website or by dialing the replay numbers with access code 13747810.
Hayward Holdings (NYSE: HAYW) has appointed Billy Emory as Vice President of Customer Experience and Steve Pearce as Vice President of Commercial Pools. Emory, previously Hayward's Chief Accounting Officer, will now focus on enhancing customer care strategies in North America. Pearce, who founded ChlorKing, will lead Hayward's Commercial Pool division following the company's acquisition of ChlorKing in June 2024. Hayward's leadership highlights the strategic alignment towards improving customer experience and expanding in the commercial pool market.
Hayward Holdings announced the acquisition of ChlorKing, a U.S. leader in commercial pool saline chlorinators and UV disinfection systems. This acquisition strengthens Hayward's portfolio in sustainable and energy-efficient pool technology for both commercial and residential markets. ChlorKing’s key products include commercial saline chlorinators, NEXGEN on-site chlorine generators, and SENTRY UV disinfection systems. The acquisition aims to enhance Hayward's leadership in water management, extending its market reach and providing innovative solutions for safer and cost-effective pool maintenance. ChlorKing will continue its operations from Atlanta, Georgia.
Hayward Holdings announced the HeatPro Series of Heat+Chill Heat Pumps featuring microchannel heat exchanger technology, a first in the industry. This innovative series offers pool owners the ability to chill, cool, and heat their pools, extending the swimming season. The chill feature allows water to drop to 40°F, making cold plunges accessible. The series includes six models with advanced features like a patent-pending defrost algorithm, robust coil structure, corrosion resistance, reduced weight, fewer braze joints, and a significant reduction in refrigerant usage. The product is backed by a five-year parts warranty and AHRI certification.
Hayward Holdings (NYSE: HAYW) has announced key leadership appointments to bolster its position in pool and outdoor living technology. Ray Lewis joins as Senior VP and Chief Human Resources Officer, bringing nearly 30 years of HR experience from companies like Trane Technologies and GE. Kevin Gallagher steps in as VP and Chief Engineering Officer, bringing three decades of product development expertise, previously serving at Honeywell and DaimlerChrysler. Darío Vicario will be the new VP and GM for Europe & Rest of World, succeeding Fernando Blasco, with prior leadership roles in Azkoyen Group and Thyssenkrupp Elevator. The new leaders are expected to drive innovation and global market expansion.
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