secwatch.observer — SEC 8-K summary
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Issuer:     Hayward Holdings, Inc. (HAYW)
CIK:        0001834622
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001834622-22-000099
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hayward Q3 net sales down 30% to $245M; guides FY22 adj EBITDA $365-370M
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- Net sales fell 30% YoY to $245.3M; net income down 54% to $23.1M.
- Adjusted EBITDA decreased 39% to $60.4M; adjusted diluted EPS $0.14, down 43%.
- North America segment net sales down 32%; Europe & RoW down 21% on destocking and geopolitical factors.
- Cost reduction program targets $25M-$30M in SG&A savings in 2023; $8M expected in 2022.
- FY2022 guidance: net sales ~6% decline; adjusted EBITDA $365M-$370M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834622/000183462222000099/0001834622-22-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834622/000183462222000099/hayw-20221101.htm
  HTML page:      https://secwatch.observer/filing/0001834622-22-000099

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