earnings
confidence high
sentiment positive
materiality 0.80
Hayward Q2 net sales +66% to $364.4M; raises FY2021 guidance
Hayward Holdings, Inc.
2021-Q2 EPS reported
$0.02
revenue$698,800,000
- Net sales $364.4M (+66% YoY); net income $52.8M (+182% YoY); adjusted EPS not provided.
- Adjusted EBITDA $110.4M (+81% YoY); adjusted EBITDA margin 30.3% (+257 bps).
- FY2021 guidance raised: net sales growth 54-58% (from 40-45%), adjusted EBITDA $405-$425M.
- Net debt/Adjusted EBITDA improved to 2.1x from 5.2x at Dec 2020.
- North America segment sales +66% to $293.6M; Europe & RoW segment sales +66% to $70.8M.