secwatch.observer — SEC 8-K summary
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Issuer:     Hayward Holdings, Inc. (HAYW)
CIK:        0001834622
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001834622-23-000101
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hayward Q3 net sales $220.3M (-10% YoY); net income $11.8M (-49%); FY EBITDA guidance cut to $245-255M
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- Net sales $220.3M, down 10% YoY; net income $11.8M (-49%); diluted EPS $0.05 vs $0.10 prior.
- Adjusted EBITDA $47.2M, down 22%; adjusted diluted EPS $0.09 vs $0.14. Gross margin up 390bps to 47.8%.
- North America sales -9% to $185.1M; Europe & ROW -15% to $35.2M; segment income down 18% and 27%.
- FY2023 guidance cut: net sales decline 24-26% YoY; Adjusted EBITDA $245-255M, citing pressure in Canada, Middle East, Latin America.
- Cash from ops $216.9M for 9 months (+$73M YoY); cash $244.2M and ~$158M revolver availability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834622/000183462223000101/0001834622-23-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834622/000183462223000101/hayw-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001834622-23-000101

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