Hayward Holdings, Inc.

Hayward Holdings Reports Second Quarter Fiscal Year 2026 Financial Results and Confirms 2026 Guidance

Hayward Holdings reported Q2 fiscal 2026 net sales of $318.4 million, up 6% year-over-year, with adjusted diluted EPS increasing 8% to $0.26. North America sales grew 9% to $277.7 million, offsetting an 8% decline in Europe & Rest of World, while the company reduced net leverage to 1.5x following a debt refinancing. Management reaffirmed full-year 2026 guidance, projecting net sales growth of approximately 5% and adjusted diluted EPS of $0.84 to $0.87.

•2mo ago

HAYW: 8-K · debt financing

Hayward Holdings, Inc. announced that its subsidiaries entered into an Amended and Restated First Lien Credit Agreement with Bank of America, N.A. as administrative agent. The agreement refinances the company's existing term loan and revolving credit facilities in full, extending maturities without increasing total indebtedness. The new financing consists of a $960.0 million seven-year term loan facility and a $425.0 million five-year revolving credit facility. The revolving facility includes a $100.0 million sublimit for letters of credit and a $50.0 million sublimit for swingline loans. The term loans will bear interest at a rate of term SOFR plus 2.00% or an alternate base rate plus 1.00%. The facilities are guaranteed by substantially all of the company's domestic and Canadian subsidiaries and secured by substantially all of their assets.

SEC 8-K•4mo ago

HAYW: 10-Q · periodic report

Hayward Holdings reported strong first-quarter results for the period ended March 28, 2026, with net sales rising 11.5% to $255.2 million compared to the prior year. The company achieved significant operating leverage, as net income surged 63% to $23.4 million, driven by positive net pricing to offset inflation and tariffs, as well as increased volume. The company continued to return capital to shareholders, repurchasing 350,000 shares for approximately $5.9 million during the quarter under its $450 million authorization. However, cash and cash equivalents decreased to $135.8 million from $329.6 million at year-end, a seasonal decline attributed to the extended payment terms of the Early Buy program. Legal matters remain a focus, as the company recorded a $10 million payment from insurance carriers related to a preliminary settlement of a securities class action lawsuit. Additionally, the company adopted a new Executive Severance Plan and disclosed ongoing shareholder derivative lawsuits that are presently stayed.

SEC 10-Q•5mo ago