secwatch.observer — SEC 8-K summary
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Issuer:     Hayward Holdings, Inc. (HAYW)
CIK:        0001834622
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001834622-23-000030
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834622/000183462223000030/0001834622-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834622/000183462223000030/hayw-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001834622-23-000030

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