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Hayward Holdings Announces First Quarter Fiscal Year 2024 Financial Results [Yahoo! Finance]

Hayward Holdings, Inc. (HAYW) 
Company Research Source: Yahoo! Finance
Diluted EPS of $0.04 and adjusted diluted EPS* of $0.08 CHARLOTTE, N.C., May 02, 2024 BUSINESS WIRE )--Hayward Holdings, Inc. (NYSE: HAYW) ("Hayward" or the "Company"), a global designer, manufacturer and marketer of a broad portfolio of pool and outdoor living technology, today announced financial results for the first quarter ended March 30, 2024 of its fiscal year 2024. Comparisons are to financial results for the prior-year first fiscal quarter. CEO COMMENTS "I am pleased to report first quarter results consistent with expectations," said Kevin Holleran, Hayward's President and Chief Executive Officer. "We delivered strong gross margin expansion of 260 basis points and improved cash flow through continuous improvement in operations and working capital management. As we proactively manage our cost structure, we are funding our strategic growth initiatives and introducing innovative new pool solutions. The economic and interest rate environment remains uncertain, and our cust Show less Read more
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