Hayward Beats on 6% Sales Growth, Lifts Full-Year EPS Guidance to $0.86-$0.88
HAYW is trading near its 52-week low of $11.24 (15% above the low).
Summary
Hayward posted Q3 net sales of $260.1 million, up 6% year-over-year, with operating income up 22% to $50.2 million and adjusted EBITDA up 9% to $64.5 million. Diluted EPS rose 36% to $0.15 and adjusted diluted EPS climbed 29% to $0.18. North America drove the quarter with sales up 9% to $226.4 million, while Europe & Rest of World fell 6% to $33.8 million on Middle East conflict-related volume weakness. The company raised FY2026 guidance: net sales now expected up roughly 5%-6% versus prior ~5%, and adjusted diluted EPS to $0.86-$0.88 from $0.84-$0.87. Net leverage sits at 1.5x, the lowest since the 2021 IPO, with $115.3 million of buybacks year-to-date. The 9:00 a.m. ET call today will be the first chance for management to detail the guidance raise and early-buy order trends.
At the time of this announcement, HAYW was trading at $12.91 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $2.8B. The 52-week trading range was $11.24 to $17.73. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.