Hayward Holdings, Inc. ( (HAYW) ) has released its Q3 earnings. Here is a breakdown of the information Hayward Holdings, Inc. presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Hayward Holdings, Inc. is a global leader in designing and manufacturing pool and outdoor living technology, offering a range of energy-efficient and sustainable equipment solutions for both residential and commercial use. The company is known for its innovative SmartPad™ technology that connects pool equipment digitally.
In its latest earnings report, Hayward Holdings announced a robust financial performance for the third quarter of fiscal year 2025, with significant increases across key metrics. The company reported a 7% increase in net sales to $244.3 million and a 46% rise in net income to $24.0 million, reflecting strong operational execution and strategic initiatives.
Key highlights from the report include a 16% increase in adjusted EBITDA to $59.1 million and a 57% increase in diluted EPS to $0.11. The company attributed its growth to increased operational efficiencies, tariff mitigation actions, and disciplined cost management. Additionally, Hayward saw growth in both North America and Europe, with notable improvements in segment income.
Looking ahead, Hayward Holdings has raised its full-year guidance for 2025, anticipating net sales between $1.095 billion and $1.110 billion, and adjusted EBITDA between $292 million and $297 million. The company remains optimistic about the long-term growth prospects of the pool industry, driven by increasing pool installations and favorable demand trends.
Overall, Hayward Holdings is confident in its ability to continue delivering profitable growth and enhancing shareholder value through its focus on innovation, customer experience, and operational excellence.