8-K
filed February 28, 2023, 6:59 PM ET
ticker HAYW
CIK 0001834622
earnings
confidence high
sentiment negative
materiality 0.80
Hayward Q4 net sales down 27% YoY; guides FY2023 sales down 18-22%
Hayward Holdings, Inc.
2022-FY EPS reported
$0.78
revenue$1,314,136,000
- Q4 net sales $259M (-27% YoY); net income $16M (-75% YoY); adjusted EBITDA $53.3M (-50% YoY).
- Q4 GAAP diluted EPS $0.07 (-72% YoY); adjusted diluted EPS $0.11 (-61% YoY).
- Full year 2022 net sales $1,314.1M (-6% YoY); adjusted EBITDA $367.6M (-13% YoY).
- Cost reduction program targeting $25-30M SG&A savings in 2023; $9M realized in 2022.
- FY2023 guidance: net sales decrease 18-22%; adjusted EBITDA $265-285M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Hayward Holdings, Inc. reported full fiscal year 2022 results: revenue $1,314.1 million, net income $179.3 million, EPS $0.78.
- Period
- full fiscal year 2022
- Revenue
- $1,314.1 million
- Net income
- $179.3 million
- EPS
- $0.78
- Result
- reported results
Exact text from the filing
FULL FISCAL YEAR 2022 HIGHLIGHTS • Net Sales decreased 6% year-over-year to $1,314.1 million • Net Income decreased 12% year-over-year to $179.3 million • Adjusted EBITDA decreased 13% year-over-year to $367.6 million • GAAP diluted EPS increased 59% year-over-year to $0.78 • Adjusted diluted EPS decreased 28% year-over-year to $0.98
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Hayward Holdings, Inc. reported fourth quarter of fiscal 2022 results: revenue $259.0 million, net income $16.0 million, EPS $0.07.
- Period
- fourth quarter of fiscal 2022
- Revenue
- $259.0 million
- Net income
- $16.0 million
- EPS
- $0.07
- Result
- reported results
Exact text from the filing
FOURTH QUARTER FISCAL 2022 SUMMARY • Net Sales decreased 27% year-over-year to $259.0 million • Net Income decreased 75% year-over-year to $16.0 million • Adjusted EBITDA decreased 50% year-over-year to $53.3 million • GAAP diluted EPS decreased 72% year-over-year to $0.07 • Adjusted diluted EPS decreased 61% year-over-year to $0.11
View on SEC.gov
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