NYSE$HAYW
Hayward Holdings Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported sales and earnings growth, gross profit margin expansion, and increased cash flow, enabling net leverage reduction.
Hayward Holdings reported a 3% increase in net sales to $227.6 million and a 40% increase in net income to $16.5 million for the third quarter of fiscal year 2024. The company's performance was driven by positive net price impact and the acquisition of ChlorKing, with updated full-year guidance reflecting modestly improved sales and profitability.
- Net sales increased 3% year-over-year to $227.6 million.
- Net Income increased 40% year-over-year to $16.5 million.
- Adjusted EBITDA increased 8% year-over-year to $51.1 million.
- Diluted EPS increased 40% year-over-year to $0.07, and adjusted diluted EPS increased 22% year-over-year to $0.11.
Headline financials
Revenue & EPS history
Hayward · Revenue · Quarterly
$228M
Forward guidance
Hayward is refining its full-year 2024 guidance ranges to reflect continued strong execution resulting in modestly improved sales and profitability. Hayward now expects net sales of $1.020 billion to $1.040 billion, or an increase of approximately 3% to 5% from fiscal year 2023, and Adjusted EBITDA of $260 million to $270 million, or an increase of approximately 5% to 9% from fiscal year 2023.
Tailwinds
- Net sales of $1.020 billion to $1.040 billion are expected.
- Sales are expected to increase approximately 3% to 5% from fiscal year 2023.
- Adjusted EBITDA of $260 million to $270 million is expected.
- Adjusted EBITDA is expected to increase approximately 5% to 9% from fiscal year 2023.
- The pool industry remains attractive and benefits from sustainable secular demand trends in outdoor living.
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 Q3 2024
+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% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro