Ronald C. Keating
elected Ronald C. Keating as a director to fill the vacancy created by the expansion in the size of the Board.
Highest-materiality recent filing
Hayward Q2 FY2026 net sales +6% to $318.4M, adj. EPS $0.26, reaffirms FY guidance
Net sales $318.4M (+6% YoY); net income $45.6M (+2%); diluted EPS $0.21 (+5%).
Hayward refinances $960M term loan and $425M revolver; extends maturities
Entered into $960M seven-year term loan facility and $425M five-year revolving credit facility on June 23, 2026.
Hayward Holdings stockholders elect directors, approve say-on-pay, ratify PwC as auditor
Directors elected: Kevin Brown 187.97M for, Arthur Soucy 128.52M for, Lori Walker 188.05M for.
Hayward Q1 net sales +12% to $255.2M, net income +63% to $23.4M; raises FY guidance
Adjusted EBITDA +15% to $56.4M; margin up 60bps to 22.1%.
Hayward Q4 revenue $349.4M (+7% YoY), adj. EPS $0.29; FY2026 adj. EPS guide $0.82-$0.86
Q4 net sales $349.4M (+7% YoY), net income $68.4M (+25%), diluted EPS $0.31, adjusted diluted EPS $0.29.
Hayward Holdings Q3 net sales up 7% to $244.3M; raises FY2025 guidance
Net sales $244.3M (+7% YoY), net income $24.0M (+46%), diluted EPS $0.11.
Hayward reports Q2 net sales up 5% to $299.6M; refines FY25 guidance, authorizes $450M buyback
Net sales $299.6M (+5% YoY); net income $44.8M (+19% YoY); diluted EPS $0.20 (+18% YoY).
Hayward extends ABL facility maturity to 2028, removes 10bps SOFR spread
Extended ABL revolver maturity date to February 25, 2028, reducing near-term refinancing risk.
Ronald Keating, Lawrence Silber, Edward Ward elected as directors with 183M, 174M, 127M for votes respectively.
Hayward Holdings Q1 net sales up 8% to $228.8M, net income up 46%, confirms FY2025 guidance
Net sales $228.8M (+8% YoY), net income $14.3M (+46% YoY), diluted EPS $0.06 (+50%).
Hayward Holdings expands board to 10, appoints former Evoqua CEO Ron Keating as independent director
Board expanded from 9 to 10 directors; Keating elected effective March 20, 2025.
Q4 net sales $327.1M (+17% YoY), net income $54.7M (+76%), diluted EPS $0.25 (+79%).
Hayward Q3 net sales up 3% to $227.6M, net income +40%; raises FY guidance
Net income $16.5M ($0.07 diluted EPS); adjusted diluted EPS $0.11, up 22% YoY.
MSD Partners distributes its ~30% Hayward stake to partners, retains ~3%
MSD held 65,003,866 shares (~30% of shares outstanding) as of Aug 1, 2024.
Hayward Q2 net sales $284M, net income +28% to $37.6M; narrows FY guidance
Net sales $284.4M (+modest YoY); net income $37.6M (+28%); diluted EPS $0.17 (+31%).
Hayward enters $125M receivables purchase with Wells Fargo; VP change
Up to $125M in eligible receivables sold on revolving uncommitted basis to Wells Fargo.
Hayward acquires ChlorKing for ~$61M to expand commercial pool water treatment
Purchase price ~$61 million in cash, subject to closing adjustments.
All five director nominees elected: Lawrence Silber (Class I), Lori Walker (Class II), Diane Dayhoff, Stephen Felice, Kevin Holleran (Class III).
Hayward Holdings VP and GM Europe & Rest of World Fernando Blasco departing effective May 20
Fernando Blasco will cease as VP and General Manager, Europe & Rest of World on May 20, 2024.
Hayward Q1 net sales +1% to $212.6M, net income +17% to $9.8M; FY24 guidance reaffirmed
Diluted EPS of $0.04 (flat YoY); adjusted diluted EPS of $0.08 (+14%).
Hayward Q4 net sales +8%, net income +94% YoY; FY sales down 24% to $992.5M
Q4 net sales $278.5M (+8% YoY); net income $31M (+94% YoY); diluted EPS $0.14 (+100%); adj diluted EPS $0.20 (+82%).
Hayward Holdings SVP and President of North America Rick Roetken departing Dec 4, 2023
Rick Roetken will no longer serve as SVP and President of North America effective Dec 4, 2023.
Net sales $220.3M, down 10% YoY; net income $11.8M (-49%); diluted EPS $0.05 vs $0.10 prior.
Hayward Holdings director Mark McFadden resigns from board effective Sept 30, 2023
Mark McFadden resigned as director on September 30, 2023.
Offering of 22,259,780 shares by selling stockholders; company receives no proceeds.
Hayward Q2 net sales $283.5M (-29% YoY); net income down 56% to $29.5M
Net sales decreased 29% to $283.5M; net income $29.5M (-56% YoY); diluted EPS $0.13 vs $0.28
Hayward Holdings director Gregory D. Brenneman resigns effective June 30, 2023
Gregory D. Brenneman resigned from the Board of Directors on June 30, 2023.
Hayward Holdings reports stockholder voting results from 2023 Annual Meeting
Elected Kevin Brown, Mark McFadden, and Arthur Soucy as directors for terms expiring 2026.
Hayward Holdings announces secondary offering of 21M shares at $11.75/share by selling stockholders
21,000,000 shares offered by selling stockholders; underwriter option for additional 3,150,000 shares.
Hayward Q1 net sales drop 49%; net income down 89%; reaffirms FY guidance
Net sales of $210.1M decreased 49% YoY; net income of $8.4M fell 89%.
Hayward Holdings enters underwriting agreement for secondary offering of 16M shares at $11.52/share
Underwriting agreement for 16,000,000 shares (plus 2,400,000 option) by selling stockholders at $11.52 per share.
Hayward Q4 net sales down 27% YoY; guides FY2023 sales down 18-22%
Q4 net sales $259M (-27% YoY); net income $16M (-75% YoY); adjusted EBITDA $53.3M (-50% YoY).
Hayward Holdings adopts amended bylaws for universal proxy rules and DGCL updates
Board approved amended bylaws effective Jan 13, 2023, updating director nomination procedures.
Hayward Holdings secures $125M incremental term loan to repay ABL revolver and boost liquidity
Incremental Term Loan B of $125M added to first lien credit agreement; matures May 2028.
Hayward Q3 net sales down 30% to $245M; guides FY22 adj EBITDA $365-370M
Net sales fell 30% YoY to $245.3M; net income down 54% to $23.1M.
Hayward Q2 sales up 10% to $399M, net income +25%; cuts FY2022 guidance on channel destocking
Net sales $399.4M (+10% YoY); North America +17% to $342.1M; Europe & RoW -19% to $57.4M.
Hayward acquires Halco's specialty lighting business for $55M, adds ~$40M annual revenue
Acquisition purchase price $55M, subject to customary closing adjustments; expected to generate ~$40M annual revenue at Hayward's current margin profile.
Hayward Holdings announces 2022 annual meeting voting results, all director nominees elected
All three director nominees (Bertrand, Brenneman, Ward) elected with over 198M votes for each.
Hayward Holdings to repurchase 8M shares for $111M in secondary offering
24M shares offered by selling stockholders at $13.88375/share; underwriters have 30-day option for 3.6M additional shares.
Hayward Q1 net sales up 23% to $410.5M, net income up 101%, reaffirms FY 2022 guidance
Net sales $410.5M (+23% YoY); net income $74.0M (+101%); adjusted EBITDA $126.2M (+18%).
Hayward appoints Billy Emory as principal accounting officer; Eifion Jones remains CFO
Billy Emory, 38, appointed principal accounting officer effective April 19, 2022.
Hayward Holdings SVP and Chief Supply Chain Officer Don Smith plans retirement
Don Smith will retire after over 15 years; will stay through successor transition.
Hayward Q4 net sales $352.4M (+35% YoY); FY2021 record $1.4B; guides FY2022 EBITDA $460-475M
Q4 net sales $352.4M (+35% YoY); net income $63.7M (+222% YoY); adjusted EBITDA $105.7M (+43% YoY).
Hayward Holdings sets May 19, 2022 for virtual annual meeting; Feb 20 deadline for proposals
Annual meeting date: May 19, 2022; held virtually via remote communication.
Hayward announces preliminary FY2021 results and $81M share repurchase from sponsors
Preliminary net sales, net income, and adjusted EBITDA ranges for Q4 and FY2021 announced; specific figures not provided in this excerpt.
Hayward Holdings announces $450M share repurchase program over three years
Board approved up to $450M share repurchase, effective immediately through Dec 20, 2024.
Hayward Q3 net sales +56% to $350.6M; raises FY net sales growth guidance to 59%-62%
Q3 net sales $350.6M (+56% YoY); net income $50.3M (+231%); adjusted net income $64.2M (+88%).
Hayward Q2 net sales +66% to $364.4M; raises FY2021 guidance
Net sales $364.4M (+66% YoY); net income $52.8M (+182% YoY); adjusted EPS not provided.
elected Ronald C. Keating as a director to fill the vacancy created by the expansion in the size of the Board.
Eifion Jones, Senior Vice President and Chief Financial Officer of Hayward, has reacquired the role of Hayward’s principal accounting officer, effective July 3, 2024.
On July 3, 2024, Billy Emory was named Vice President, Customer Experience of Hayward Industries, Inc.
On May 17, 2024, Hayward Holdings, Inc. (the “Company”) determined that Fernando Blasco will no longer serve as VP and General Manager, Europe & Rest of World, effective May 20, 2024.
On December 1, 2023, Hayward Holdings, Inc. (the “Company”) determined that Rick Roetken will no longer serve as SVP and President of North America, effective December 4, 2023.
On September 30, 2023, Mark McFadden, a member of the Board of Directors of Hayward Holdings, Inc. (the “Company”), resigned as a director of the Company effective on September 30, 2023.
On June 30, 2023, Gregory D. Brenneman, a member of the Board of Directors of Hayward Holdings, Inc. (the “Company”), resigned as a director of the Company effective on June 30, 2023.
Upon Mr. Emory’s appointment as principal accounting officer, Eifion Jones ceased serving in that capacity.
On April 19, 2022, the Board of Directors of Hayward Holdings, Inc. (the “Company”) appointed Billy Emory as the Company’s principal accounting officer.
On March 28, 2022, Donald Smith, Senior Vice President, Chief Supply Chain Officer of Hayward Holdings, Inc. (the “Company”), notified the Company of his intention to retire, with the expectation that he will continue to serve as an employee through a date to be determined by the Company to facilitate the transition of his responsibilities to his successor.
Max materiality 0.85 · Median 0.68 · Most common event earnings