---
schema_version: "secwatch.filing_event.v1"
accession: "0001834622-23-000030"
form_type: "8-K"
ticker: "HAYW"
cik: "0001834622"
company_name: "Hayward Holdings, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:59:04.913754+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hayward Q1 net sales drop 49%; net income down 89%; reaffirms FY guidance

## Summary
- Net sales of $210.1M decreased 49% YoY; net income of $8.4M fell 89%.
- Adjusted EBITDA of $44.9M decreased 64%; adjusted diluted EPS $0.07 (down 80% YoY).
- North America net sales down 53%; Europe & Rest of World down 26%.
- Company reaffirms FY2023 outlook: net sales decline 18%-22%, Adj. EBITDA $265M-$285M.
- Cash used by operations $91M; $256.8M available under revolving credit facilities.

## SEC filing metadata
- accession: 0001834622-23-000030
- form_type: 8-K
- ticker: HAYW
- cik: 0001834622
- company_name: Hayward Holdings, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834622/000183462223000030/0001834622-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834622/000183462223000030/hayw-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834622-23-000030
- JSON: https://secwatch.observer/filing/0001834622-23-000030.json
- Plain text: https://secwatch.observer/filing/0001834622-23-000030.txt

## Key facts
- Earnings Releases
  Hayward Holdings, Inc. reported the first quarter ended April 1, 2023 results: revenue $210.1 million, net income $8.4 million, EPS $0.04. Guidance reaffirmed.
  - Period: the first quarter ended April 1, 2023
  - Revenue: $210.1 million
  - Net income: $8.4 million
  - EPS: $0.04
  - Guidance: reaffirmed
  - Result: reported results
  source text: FIRST QUARTER FISCAL 2023 SUMMARY • Net Sales of $210.1 million • Net Income of $8.4 million • Adjusted EBITDA* of $44.9 million • Diluted EPS of $0.04 • Adjusted diluted EPS* of $0.07
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834622/000183462223000030/0001834622-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.