secwatch.observer — SEC 8-K summary
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Issuer:     Hayward Holdings, Inc. (HAYW)
CIK:        0001834622
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001834622-22-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hayward Q1 net sales up 23% to $410.5M, net income up 101%, reaffirms FY 2022 guidance
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- Net sales $410.5M (+23% YoY); net income $74.0M (+101%); adjusted EBITDA $126.2M (+18%).
- North America net sales $346.3M (+28%); Europe & Rest of World $64.2M (+2%).
- Reiterates FY 2022 outlook: net sales growth 9-12%, adjusted EBITDA $460M-$475M (+9-13%).
- Gross profit margin down 144 bps to 46.4% due to inflation; SG&A as % of sales improved 312 bps.
- Net debt $881.6M, leverage 2.0x (up from 1.7x); $81M stock repurchase during quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834622/000183462222000036/0001834622-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834622/000183462222000036/hayw-20220428.htm
  HTML page:      https://secwatch.observer/filing/0001834622-22-000036

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