earnings
confidence high
sentiment neutral
materiality 0.75
Hayward Q4 net sales +8%, net income +94% YoY; FY sales down 24% to $992.5M
Hayward Holdings, Inc.
2023-FY EPS reported
$0.37
revenue$992,452,000
- Q4 net sales $278.5M (+8% YoY); net income $31M (+94% YoY); diluted EPS $0.14 (+100%); adj diluted EPS $0.20 (+82%).
- Full year net sales $992.5M (-24% YoY); net income $80.7M (-55% YoY); adj EBITDA $247.3M (-33%); diluted EPS $0.37 (-53%).
- North America segment sales +10% to $238.2M; Europe & ROW sales -4% to $40.3M.
- Introduced FY2024 guidance: net sales $1.01B-$1.06B (+2% to +7%), adj EBITDA $255M-$275M.
- Cash from operations $184.5M, up ~$69M YoY.