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Why Hayward Holdings Stock Climbed Today
Hayward Hayward (US:HAYW) Yahoo Financeยท2025-10-29 17:21

Core Insights - Hayward Holdings experienced a significant increase in stock price following the announcement of strong fiscal third-quarter results, with shares rising over 10% [1] Financial Performance - Sales increased by 7% year over year to $244 million for the quarter ending September 27, driven by price increases to counteract tariffs [3] - Gross profit rose by 11% to $125 million, with gross margin improving by 1.5 percentage points to 51.2% [3] - Adjusted net income surged by 26% to $32 million, while adjusted earnings per share increased by 27% to $0.14, supported by lower interest expenses and stock buybacks [4] Future Outlook - Management raised the full-year profit outlook, projecting adjusted EBITDA to rise by 5% to 7%, estimating between $292 million and $297 million for 2025, up from a previous forecast of $280 million to $290 million [5] - The company noted a growing installed base of pools, which presents opportunities for automation upgrades and accessory sales, indicating a focus on profitable growth and long-term shareholder value [6]