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) provides investors and industry professionals with authoritative coverage of corporate developments in the pool equipment sector. This dedicated news hub aggregates official press releases, financial disclosures, and market-moving updates related to the company’s energy-efficient technologies and commercial strategies.
Access timely information on product innovations, sustainability initiatives, and strategic partnerships that shape Hayward’s position as a leader in pool automation systems. The curated feed includes earnings reports, regulatory filings, and operational milestones essential for tracking the company’s performance in residential and commercial markets.
Bookmark this page for streamlined monitoring of HAYW’s advancements in smart pool technology and energy-efficient solutions. Verify installation statistics, review leadership announcements, and stay informed about industry trends directly affecting Hayward Holdings’ market trajectory.
Hayward Holdings, Inc. (NYSE: HAYW) has launched its XE Series of ultra-high efficiency pool pumps, expanding market access with a mid-range pricing strategy. The series introduces seven models, all compliant with new U.S. Department of Energy (DOE) regulations effective July 19, 2021. These pumps exceed DOE efficiency benchmarks and feature dual-voltage capability and six adjustable speeds. A recent survey indicated that 55% of pool owners plan to upgrade their equipment for better energy efficiency, highlighting market potential for Hayward's latest innovation.
Hayward Holdings (NYSE: HAYW) released results from its "Pool Trends" survey, revealing significant concerns among pool owners regarding a chlorine shortage following Hurricane Laura's impact on chlorine production. 76% of respondents use chlorine for sanitization, and 50% are worried about its availability. The preference for alternative sanitization techniques is rising, with 42% planning pool remodels. The survey indicates a shift toward systems like salt chlorine generators, which could reshape the market, given the 25 million pools worldwide.
Hayward Holdings has been added to the Russell 1000® Index, effective June 28, 2021, as part of its annual reconstitution. This index includes the largest 1,000 companies in the Russell 3000® based on total market capitalization. CEO Kevin Holleran stated that this inclusion highlights Hayward's strong brand in the pool equipment market. The Russell indexes are critical benchmarks for investment managers, with approximately $10.6 trillion in assets linked to these indexes, signifying increased visibility and investor interest for Hayward.
Hayward Holdings (NYSE: HAYW) announced the opening of a 326,000 square-foot distribution center in Mocksville, N.C., its largest facility, to be operational by the end of 2021. This center will enhance service for expanding markets in North America, Europe, Australia, and Latin America. It complements the existing Clemmons facility, increasing Hayward's footprint to approximately 1.3 million square feet. The project also features a customer training center and reflects the company's commitment to meeting growing demand, especially amidst the current chlorine shortage.
Hayward Holdings, Inc. (NYSE: HAYW) reported a fire incident at its Yuncos, Spain production campus. Fortunately, all employees were safely evacuated without major injuries. The affected building produces fiberglass laminated filters; however, other manufacturing operations, including pumps and lighting, were not impacted. Production resumed the same day, ensuring continuity of service. CEO Kevin Holleran stated the business impact is not material and emphasized available alternative filtration technologies for customers during the investigation and rebuilding process.
Hayward Pool Products has expanded its OmniLogic app compatibility, enabling control of pool and spa features via an Apple Watch. This enhancement allows users to manage pump speeds, adjust temperatures, and choose lighting colors conveniently from their wrist without needing their phones. The OmniLogic app, favored by both pool owners and builders, boasts an average rating of 4.5 stars from over 1,500 reviews. The new feature is available for Apple Watch Series 3 and newer, running on WatchOS 7 and above.
Hayward Holdings (NYSE: HAYW) announced its participation in two upcoming investor conferences. The first is the William Blair’s 41st Annual Growth Stock Conference on June 2, 2021, at 3:40 p.m. ET, featuring CEO Kevin Holleran and CFO Eifion Jones. The second is the KeyBanc Capital Markets’ Virtual Industrials & Basic Materials Conference on June 3, 2021, at 12:00 p.m. ET, also with Holleran and Jones participating. Webcast links for both events can be found on Hayward’s investor relations website.
Hayward Holdings, Inc. (NYSE: HAYW) announced it secured a $1 billion senior secured term loan facility through its subsidiary, Hayward Industries, Inc. Proceeds will refinance existing loans, enhance cash reserves, and pay related fees. This refinancing is expected to reduce interest expense by $7-$10 million annually and extend maturity to 2028. The facility has a 0.50% original issue discount and a floating interest rate starting at LIBOR plus 2.75%. CFO Eifion Jones highlighted the enhanced financial flexibility for future growth.
Hayward Holdings (NYSE: HAYW) has launched HydraPure, a new pool water sanitization system utilizing advanced oxidation process (AOP) technology. This innovation aims to enhance pool safety while significantly decreasing chlorine use amid rising prices due to supply shortages. CEO Kevin Holleran highlighted the growing investment in outdoor spaces and the need for eco-friendly solutions. Additionally, Hayward continues its sponsorship of Olympic swimmer Kathleen Baker, emphasizing their commitment to quality pool water safety for swimmers.
Hayward Holdings, Inc. (NYSE: HAYW) will release its Q1 2021 earnings results on May 5, 2021, before market opens. A conference call to discuss the results is scheduled for the same day at 9:00 a.m. Eastern Time. Interested participants can register for the call or listen via a webcast on the company's Investor Relations website. A replay will be available after the call until May 19, 2021. Hayward is known for its innovative, energy-efficient pool and spa equipment, including popular brands like AquaVac and Super Pump.
