Hayward(NYSE) HAYW

Hayward Holdings, Inc. makes equipment for home and business pools. Its technology keeps pool water clean and powers backyard lighting. These products help owners maintain their pools with ease.

Pumps, Filters, and Smart Tech

• North America: Sells pool equipment and industrial flow control products; accounted for 87% of net sales in the three months ended June 27, 2026.
• International Markets: Provides pool supplies to Europe, the Middle East, and Asia; represented 13% of net sales in the three months ended June 27, 2026.
• Smart Technology: Features Internet of Things (IoT) controls and energy-efficient systems for automated pool management.
• Aftermarket Parts: Delivers components for ongoing water sanitization and repair over a pool cycle of eight to 11 years.

Strategic Moves and New Funding

• Acquired ChlorKing to expand offerings in commercial saltwater chlorination and water treatment.
• Refinanced debt in June 2026 with a $960 million Term Facility and a $425 million Revolving Facility.
• Implemented restructuring actions in the Europe and Rest of World segment to improve operational efficiency.
• Launched an Early Buy program that offers price discounts to help distributors stock inventory.

Market Reach and Aftermarket Strength

Hayward operates seven manufacturing facilities across the United States, Spain, and China to support its global distribution. The company holds a 33% share of the North American residential pool market and generates 85% of those sales from recurring aftermarket needs.

A Look at the Numbers

• Net sales rose 6.3% year over year to $318.4 million for the three months ended June 27, 2026.
• Gross profit reached $155.1 million for the three-month period ended June 27, 2026, up 5.2% year over year.
• Adjusted EBITDA grew 5.1% year over year to $92.7 million for the three months ended June 27, 2026.
• Unrestricted cash and cash equivalents totaled $304.1 million as of June 27, 2026.

Bottom Line

Hayward has transitioned toward advanced smart technology and energy-efficient pool systems. Its focus on the recurring aftermarket provides a stable foundation for long-term operations.