Hayward Holdings, Inc. (HAYW) Misses Q3 EPS by 3c
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Hayward Holdings Announces Third Quarter Fiscal Year 2021 Financial Results
October 27, 2021 6:55 AM EDTContinued Strong Results Reflect Hayward's Leading Product Portfolio and Strategic Production Footprint, Raising FY 2021 Net Sales Outlook
THIRD QUARTER FISCAL 2021 HIGHLIGHTS
Net Sales increased 56% year-over-year to $350.6 million Net Income increased 231% year-over-year to $50.3 million Adjusted Net Income increased 88% year-over-year to $64.2 million Adjusted EBITDA increased 61% year-over-year to $98.3 million Adjusted EBITDA margin expanded 87 basis points to 28%UPDATED FULL YEAR FISCAL 2021 GUIDANCE HIGHLIGHTS
Raising Net Sales growth to 59% to 62% (compared to prior range of 54% to 58%) Reaffirming Adjusted EBITDA range of $405... More