Hayward Holdings, Inc. (HAYW) Misses Q4 EPS by 4c
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Hayward Holdings Announces Fourth Quarter and Record Full Year 2021 Financial Results
March 2, 2022 6:55 AM ESTHayward's Leading Product Portfolio and Production Footprint Drives Strong Quarterly and Full Year Results; Strategic Initiatives, Enhanced Products, and Improved Positioning Support Continued Success in 2022
FOURTH QUARTER FISCAL 2021 HIGHLIGHTS
Net Sales increased 35% year-over-year to $352.4 million Net Income increased 222% year-over-year to $63.7 million Adjusted Net Income increased 55% year-over-year to $67.4 million Adjusted EBITDA increased 43% year-over-year to $105.7 million Adjusted EBITDA margin expanded 169 basis points to 30.0% Announced new $450 million stock repurchase programFULL FISCAL YEAR 2021 HIGHLIGHTS
Record Net Sales increased 60% year-over-year to $1,401.8 million Net Income increased 370%... More