NYSE$HAYW
Hayward Holdings Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Hayward Holdings reported strong first-quarter results driven by new product adoption and operational performance.
Hayward Holdings announced record net sales for the first quarter of fiscal year 2022, driven by aftermarket upgrades and consumer investments in outdoor living spaces. Net sales increased by 23% year-over-year to $410.5 million, and net income increased by 101% to $74.0 million. The company is reaffirming its full fiscal year 2022 guidance for net sales growth of 9% to 12% and adjusted EBITDA in the range of $460 million to $475 million.
- Net sales increased 23% year-over-year to $410.5 million.
- Net Income increased 101% year-over-year to $74.0 million.
- Adjusted Net Income increased 34% year-over-year to $85.0 million.
- Adjusted EBITDA increased 18% year-over-year to $126.2 million.
Headline financials
Revenue & EPS history
Hayward · Revenue · Quarterly
$410M
Forward guidance
Hayward reaffirmed its outlook for net sales growth of 9% to 12% year-over-year and Adjusted EBITDA in the range of $460 million to $475 million, or a growth range of 9% to 13% year-over-year.
Tailwinds
- Well positioned to achieve net sales and adjusted EBITDA growth for the full year following the strong start in the first quarter of 2022.
- Consumer demand for pool equipment products continues to be driven by healthy activity in the aftermarket as well as new construction.
- Continuing to see increased market adoption of products, specifically within the SmartPad conversion opportunities facilitated by the Omni platform
- Environmentally conscious technologies are seeing increased market adoption.
- Vertical integration and pricing power will continue to be leveraged to help substantially offset challenges.
Headwinds
- Continue to experience areas of supply chain challenges
- Continue to experience cost inflation challenges
- Global market disruptions
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+1.4%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+0.2%
Avg return
30 days after
48%
12 / 25 earnings
Positive
+22.4%
Q1 2021
Best reaction
-14.9%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.7% | -8.9% | -10.7% | |
| Q4 2025 | -4.6% | +2.0% | -15.6% | |
| Q3 2025 | +11.8% | +8.0% | +7.3% | |
| Q1 2025 | +5.2% | +3.7% | +4.7% | |
| Q4 2024 | +2.6% | -1.3% | -4.5% | |
| Q3 2024 | +12.2% | +9.1% | +9.3% | |
| Q2 2024 | +9.6% | +4.5% | +8.8% | |
| Q1 2024 | +4.5% | +7.0% | +7.2% | |
| Q4 2023 | +9.5% | +6.0% | +17.0% | |
| Q3 2023 | -7.8% | -3.1% | +2.5% | |
| Q2 2023 | +9.3% | +12.5% | +10.9% | |
| Q1 2023 | +0.2% | -4.4% | -8.1% | |
| Q4 2022 | -4.2% | -3.5% | -11.0% | |
| Q3 2022 | -4.1% | -2.9% | +3.6% | |
| Q2 2022 | -14.9% | -15.6% | -19.8% | |
| Q1 2022 | +2.6% | -3.8% | +0.4% | |
| Q4 2019 | +3.5% | -4.5% | -0.5% | |
| Q4 2021 | -2.8% | -7.7% | -4.3% | |
| Q3 2021 | -5.2% | -5.1% | +2.4% | |
| Q3 2020 | -5.2% | -5.1% | +2.4% | |
| Q2 2021 | -0.5% | -5.4% | -12.1% | |
| Q2 2020 | -0.5% | -5.4% | -12.1% | |
| Q1 2020 | -1.6% | +0.0% | +0.5% | |
| Q4 2020 | -1.6% | +0.0% | +0.5% | |
| Q1 2021 | +22.4% | +21.8% | +26.0% |
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