Recent Updates — HAYW
Hayward Holdings reported third-quarter fiscal 2026 results with net sales increasing 6% year-over-year to $260.1 million, driven by favorable pricing and modest volume growth in North America. Net income rose 35% to $32.4 million, while diluted earnings per share increased 36% to $0.15. Adjusted EBITDA grew 9% to $64.5 million. The company raised its full-year 2026 adjusted diluted EPS guidance to a range of $0.86 to $0.88, up from the previous estimate of $0.84 to $0.87, citing solid execution and positive price realization. Hayward is a leading global specialty water management company focused on designing and manufacturing pool and outdoor living technology and industrial flow control products.
Hayward Holdings appointed Jared Arrowood as its new Chief Accounting Officer and principal accounting officer, effective October 1, 2026. This change occurred within the company's existing executive team, with Eifion Jones continuing to serve as Senior Vice President, Chief Financial Officer and Treasurer while stepping down from his dual role as Chief Accounting Officer. Arrowood brings prior experience as Vice President of Finance at SPX FLOW, Inc., and his compensation package includes a $300,000 annual base salary, a 35% target cash bonus, and $120,000 in long-term equity incentives. Hayward Holdings operates in the industrial sector, providing flow control products and services.
Hayward Holdings reported second quarter fiscal 2026 results with net sales increasing 6% year-over-year to $318.4 million and diluted EPS rising 5% to $0.21. Adjusted EBITDA grew 5% to $92.7 million, while net income increased 2% to $45.6 million. The company completed a debt refinancing on June 23, 2026, reducing its net leverage ratio to 1.5x from 1.9x at year-end 2025. Hayward reaffirmed full-year 2026 guidance, expecting net sales growth of approximately 5% and adjusted diluted EPS between $0.84 and $0.87. The company operates in the specialty water management industry, designing and manufacturing pool equipment, outdoor living technology, and industrial flow control products.
On June 23, 2026, Hayward Holdings, Inc. through its subsidiaries entered into an Amended and Restated First Lien Credit Agreement with Bank of America, N.A. as administrative agent. The agreement refinances existing debt without increasing total indebtedness, providing a $960.0 million seven-year term loan facility and a $425.0 million five-year revolving credit facility. The term loans bear interest at term SOFR plus 2.00% or the alternate base rate plus 1.00%. The revolving facility includes a $100.0 million letter of credit sublimit and a $50.0 million swingline sublimit, with margins ranging from 1.25-2.00% over benchmark rates based on leverage ratios. The facilities are collateralized by substantially all assets of the borrowers and guarantors. The company operates in the pool equipment industry, designing and manufacturing pool and spa equipment.