Hayward Holdings, Inc. ( (HAYW) ) has released its Q2 earnings. Here is a breakdown of the information Hayward Holdings, Inc. presented to its investors.
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Hayward Holdings, Inc. is a global leader in the design and manufacture of pool and outdoor living technology, offering a comprehensive range of energy-efficient and sustainable pool equipment integrated with IoT-enabled SmartPad™ technology.
In its second quarter fiscal year 2025 financial results, Hayward Holdings reported a 5% increase in net sales to $299.6 million and a 19% rise in net income to $44.8 million, reflecting strong performance across its North America and Europe segments.
Key financial highlights include a 7% increase in adjusted EBITDA to $88.2 million and an 18% rise in diluted EPS to $0.20. The company achieved record gross profit margins of 52.7% and reduced its net leverage to 2.1x, the lowest in over three years, indicating improved financial flexibility. Despite a 14% increase in SG&A expenses, driven by wage inflation and strategic investments, Hayward’s operating income grew by 5% to $71.4 million.
Looking ahead, Hayward has refined its 2025 guidance, raising the lower end of its net sales forecast to between $1.070 billion and $1.100 billion, reflecting a 2% to 5% increase from the previous year. The company remains optimistic about the long-term growth prospects of the pool industry, driven by increasing pool installations and favorable trends in outdoor living and technology adoption.