Hayward Holdings Inc is a leading provider of advanced equipment and technology for the pool and spa industry. The company designs, manufactures, and distributes a wide range of products, including pumps, filters, heaters, and automation systems, aimed at enhancing the efficiency and enjoyment of swimming pools and spas. Hayward is committed to innovation and sustainability, offering solutions that not only improve water quality and energy efficiency but also contribute to environmentally-friendly practices within the industry. Through its extensive network, Hayward serves both residential and commercial markets, making it a recognized name in pool care and maintenance.
Hayward trades at $15.10 per share and has stayed right on track with the overall market, gaining 12.3% over the last six months. At the same time, the S&P 500 has returned 13.5%.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the home construction materials stocks, including Simpson (NYSE:SSD) and its peers.
Multi-industry consumer and professional products manufacturer Griffon Corporation (NYSE:GFF)
will be announcing earnings results tomorrow before market hours. Here’s what you need to know.
Shares of pool equipment and automation systems manufacturer Hayward Holdings (NYSE:HAYW)
jumped 8.2% in the morning session after the company reported a "beat and raise" quarter. Third-quarter results blew past analysts' revenue and EBITDA expectations. In addition, it lifted its full-year revenue and EBITDA guidance. Zooming out, we think this was a strong quarter.
Pool equipment and automation systems manufacturer Hayward Holdings (NYSE:HAYW) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 3.3% year on year to $227.6 million. The company’s full-year revenue guidance of $1.03 billion at the midpoint also came in slightly above analysts’ estimates. Its non-GAAP profit of $0.11 per share was also 10.2% above analysts’ consensus estimates.
Pool equipment and automation systems manufacturer Hayward Holdings (NYSE:HAYW)
will be announcing earnings results tomorrow before the bell. Here’s what to expect.
While the market sighed a collective breath of relief after the Fed cut 50-bps, this week has been anything but bullish for the broad market. I’m looking at 5 consecutive red daily candles on the Russell 2000.
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the "Extreme Greed" zone on Thursday.
