earnings
confidence high
sentiment positive
materiality 0.75
Hayward Q3 net sales up 3% to $227.6M, net income +40%; raises FY guidance
Hayward Holdings, Inc.
2024-Q3 EPS reported
$0.29
revenue$724,531,000
- Net income $16.5M ($0.07 diluted EPS); adjusted diluted EPS $0.11, up 22% YoY.
- Adjusted EBITDA $51.1M (+8% YoY); margin expanded 110 bp to 22.5%.
- North America segment net sales +5% to $195M; Europe & Rest of World -7% to $32.6M.
- YTD cash flow from operations $275.8M, up $58.8M vs prior year.
- FY 2024 guidance raised: net sales $1.02-1.04B; adjusted EBITDA $260-270M.