secwatch.observer — SEC 8-K summary
======================================

Issuer:     Hayward Holdings, Inc. (HAYW)
CIK:        0001834622
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001834622-23-000012
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hayward Q4 net sales down 27% YoY; guides FY2023 sales down 18-22%
------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834622/000183462223000012/0001834622-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834622/000183462223000012/hayw-20230228.htm
  HTML page:      https://secwatch.observer/filing/0001834622-23-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer