Hayward Holdings, Inc. (NYSE: HAYW) saw its stock price surge 5.06% in pre-market trading on Thursday following the release of its first-quarter fiscal 2025 financial results, which exceeded analyst expectations across key metrics.
The global designer and manufacturer of pool equipment reported Q1 sales of $228.8 million, significantly beating the consensus estimate of $214.3 million. Adjusted EBITDA came in at $49.1 million, surpassing the expected $42.8 million, while adjusted earnings per share of $0.10 topped the anticipated $0.09. The company's strong performance was driven by volume growth and positive pricing in both its North America and Europe segments.
Adding to investor optimism, Hayward Holdings reaffirmed its full-year 2025 guidance, projecting net sales of $1.060 billion to $1.100 billion and adjusted EBITDA of $280 million to $290 million. CEO Kevin Holleran expressed confidence in the company's ability to navigate the current economic environment, citing Hayward's "resilient aftermarket model and strong balance sheet" as key factors in its continued growth strategy.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.