Hayward Q2 net sales $284M, net income +28% to $37.6M; narrows FY guidance

Hayward Holdings, Inc.

2024-Q2 EPS reported $0.21 revenue$496,962,000

Net sales $284.4M (+modest YoY); net income $37.6M (+28%); diluted EPS $0.17 (+31%).
Adjusted EBITDA $82.6M (+4% YoY); adjusted diluted EPS $0.21 (+11%).
North America segment sales $241.1M (+2%); Europe & RoW $43.3M (-6%).
Guidance narrowed: FY 2024 net sales $1.010B-$1.040B; Adj. EBITDA $255M-$270M.
Acquired ChlorKing in Q2; voluntary debt repayment reduced net leverage.

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