secwatch.observer — SEC 8-K summary
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Issuer:     Hayward Holdings, Inc. (HAYW)
CIK:        0001834622
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001834622-22-000082
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hayward Q2 sales up 10% to $399M, net income +25%; cuts FY2022 guidance on channel destocking
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- Net sales $399.4M (+10% YoY); North America +17% to $342.1M; Europe & RoW -19% to $57.4M.
- Net income $66.3M (+25% YoY); Adjusted EBITDA $127.6M (+16%), margin 32.0% (+166 bps).
- Board authorized $450M share repurchase program expiring July 2025.
- FY2022 guidance reduced: net sales -2% to -6% YoY; Adjusted EBITDA $385M-$400M.
- Cites channel inventory reduction of 4-6 weeks in H2, Europe geopolitical headwinds, unfavorable FX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834622/000183462222000082/0001834622-22-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834622/000183462222000082/hayw-20220728.htm
  HTML page:      https://secwatch.observer/filing/0001834622-22-000082

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