secwatch.observer — SEC 8-K summary
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Issuer:     Hayward Holdings, Inc. (HAYW)
CIK:        0001834622
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001834622-23-000068
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hayward Q2 net sales $283.5M (-29% YoY); net income down 56% to $29.5M
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- Net sales decreased 29% to $283.5M; net income $29.5M (-56% YoY); diluted EPS $0.13 vs $0.28
- Adjusted EBITDA $79.5M (-38%), margin 28.0% (down 400 bps); adjusted diluted EPS $0.19 (-48%)
- North America sales $237.4M (-31%); Europe & ROW $46.2M (-19%)
- FY2023 guidance: net sales decline 20-23%, Adjusted EBITDA $265-280M, better margins offset softer volumes
- Operating cash flow $166.5M ytd, up ~$103M driven by working capital improvements

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834622/000183462223000068/0001834622-23-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834622/000183462223000068/hayw-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001834622-23-000068

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