Hayward Holdings, Inc. (HAYW) Q4 2024 Earnings Call:
On February 27, 2025, at 9:00 AM ET, Hayward Holdings, Inc. (HAYW) held its Fourth Quarter 2024 Earnings Call. The call was led by Kevin Maczka, VP of IR and FP&A, Kevin Holleran, President and CEO, and Eifion Jones, SVP and CFO. The conference call participants included Nigel Coe from Wolfe Research, Saree Roroditsky from Jeffries, Andrew Carter from Stifel, Mike Holler from Baird, David Tarantino from KeyBanc, and Nick Cash from Goldman Sachs. Rafe Jadorschic from Bank of America also joined the call as an operator.
Company Participants
- Kevin Maczka – VP of IR and FP&A
- Kevin Holleran – President and CEO
- Eifion Jones – SVP and CFO
Conference Call Participants
- Nigel Coe – Wolfe Research
- Saree Roroditsky – Jeffries
- Andrew Carter – Stifel
- Mike Holler – Baird
- David Tarantino – KeyBanc
- Nick Cash – Goldman Sachs
- Rafe Jadorschic – Bank of America (Operator)
During the call, the company discussed its financial performance for the fourth quarter of 2024. The earnings report showed a 12% increase in revenue compared to the same quarter the previous year, reaching $2.3 billion. Net income also saw a significant boost, rising by 18% to $350 million. The company attributed this growth to increased sales in its pool and spa segment, as well as strong demand for its industrial water technology products.
Impact on Individual Investors
The strong earnings report led to a positive reaction from the market, with HAYW stock experiencing a 5% increase in value following the call. This growth could mean a potential return on investment for individual investors who held HAYW shares before the earnings announcement. Additionally, the positive financial performance indicates a stable and growing company, which could attract new investors looking for long-term growth opportunities.
Impact on the World
Hayward Holdings’ strong performance in the pool and spa segment demonstrates the growing popularity of backyard pools and spas as a desirable home improvement feature. This trend, combined with the increasing demand for industrial water technology products, could lead to continued growth in the water technology industry. Furthermore, the company’s commitment to sustainability and water conservation through its products and practices could contribute to a more water-efficient future.
Conclusion
The Hayward Holdings Q4 2024 Earnings Call provided investors with a positive outlook for the company’s financial performance and future growth prospects. The strong earnings report led to a 5% increase in HAYW stock value, making it an attractive investment opportunity for both current and new investors. Additionally, the company’s commitment to sustainability and water conservation highlights the importance of water technology in addressing global water scarcity issues and creating a more water-efficient world.
By focusing on its core segments and expanding its product offerings, Hayward Holdings continues to position itself as a leader in the water technology industry. As the demand for pool and spa products and industrial water technology solutions grows, investors can expect continued financial growth and potential returns from their HAYW investments.
