earnings
confidence high
sentiment positive
materiality 0.75
Hayward Q3 net sales +56% to $350.6M; raises FY net sales growth guidance to 59%-62%
Hayward Holdings, Inc.
2021-Q3 EPS reported
$0.23
revenue$1,049,409,000
- Q3 net sales $350.6M (+56% YoY); net income $50.3M (+231%); adjusted net income $64.2M (+88%).
- Adjusted EBITDA $98.3M (+61% YoY); margin 28.0% (+87 bps).
- Raising FY2021 net sales growth outlook to 59%-62% from prior 54%-58%.
- Reaffirming FY2021 adjusted EBITDA guidance $405M-$425M (75%-84% growth).
- North America segment sales +62.1% to $298.2M; Europe & RoW +29% to $52.4M; net debt/EBITDA 1.8x.