Overview

* Hayward Q2 fiscal 2025 sales up 5% to $299.6 mln, beating estimates

* Adjusted EBITDA for fiscal Q2 rises 7% to $88.2 mln, exceeding expectations

* Company raises low end of 2025 net sales guidance to $1.070 bln to $1.100 bln

Outlook

* Hayward raises 2025 net sales guidance to $1.070 bln-$1.100 bln

* Company maintains 2025 adjusted EBITDA guidance at $280 mln-$290 mln

* Hayward sees long-term growth from pool industry dynamics

* Company expects continued growth from SmartPad™ product adoption

Result Drivers

* PRICE STRATEGY - Positive net pricing implemented to offset inflation and tariffs, contributing to sales growth

* ACQUISITIONS - Sales increase supported by acquisition and integration of ChlorKing business

* OPERATIONAL EFFICIENCIES - Improved gross profit margin attributed to operational efficiencies in manufacturing facilities

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $299.60 $291.10

mln mln (8

Analysts

)

Q2 Beat $88.20 $83 mln

Adjusted mln (7

EBITDA Analysts

)

Q2 29.5%

Adjusted

EBITDA

Margin

Q2 $71.40

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

* Wall Street's median 12-month price target for Hayward Holdings Inc ( HAYW ) is $15.50, about 3.5% above its July 29 closing price of $14.96

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)