Hayward reports Q2 adjusted EPS 23c, consensus 26c

Reports Q2 revenue $299.6M, consensus $291.17M. “I am pleased to report strong second quarter results, including continued sales and earnings growth, impressive margin expansion, and further balance sheet improvement,” said Kevin Holleran, Hayward’s (HAYW) president and CEO. “Net sales increased 5% year-over-year with growth across both the North America and Europe and Rest of World segments. We delivered record gross profit margins of 52.7% and solid cash flow through aggressive execution of our tariff mitigation plans. As a result, net leverage declined to 2.1x, the lowest level in over three years, enhancing our financial flexibility. These results underscore the resiliency of our aftermarket model and the continued strong performance of our dedicated team. As macroeconomic and tariff environment continues to evolve, I am confident in our ability to execute our growth strategies and create shareholder value.”