secwatch.observer — SEC 8-K summary
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Issuer:     Hayward Holdings, Inc. (HAYW)
CIK:        0001834622
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001834622-24-000035
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hayward Q1 net sales +1% to $212.6M, net income +17% to $9.8M; FY24 guidance reaffirmed
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- Diluted EPS of $0.04 (flat YoY); adjusted diluted EPS of $0.08 (+14%).
- Gross margin expanded 260bps to 49.2%; operating margin up 120bps to 14.5%.
- North America sales +7% to $173.4M; Europe & RoW sales -17% to $39.1M, segment income -39%.
- Voluntary early debt repayment of $123.1M in April 2024, eliminating Incremental Term Loan B.
- FY24 guidance reaffirmed: net sales $1.01-$1.06B, Adj. EBITDA $255-$275M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834622/000183462224000035/0001834622-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834622/000183462224000035/hayw-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001834622-24-000035

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