Hayward Holdings, Inc. (HAYW) Misses Q2 EPS by 6c
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Hayward Holdings Announces Second Quarter Fiscal Year 2021 Financial Results
August 2, 2021 7:00 AM EDTSustained Demand, New Product Traction and Production Capabilities Drives Robust Results, Raising FY 2021 Outlook
SECOND QUARTER FISCAL 2021 HIGHLIGHTS
Net Sales increased 66% year-over-year to $364.4 million Net Income increased 182% year-over-year to $52.8 million Adjusted Net Income increased 112% to $75.9 million Adjusted EBITDA increased 81.0% year-over-year to $110.4 million Adjusted EBITDA margin expanded 257 basis points to 30.3%UPDATED FULL YEAR FISCAL 2021 GUIDANCE HIGHLIGHTS
Raising Net Sales growth to 54% to 58% (compared to prior range of 40% to 45%) Raising Adjusted EBITDA to $405 to $425 (compared to prior range of... More