Why Is Hayward (HAYW) Stock Soaring Today

Hayward Holdings, a major pool equipment and automation systems maker, reported impressive third-quarter financials, with net sales up 7.4% and adjusted earnings per share jumping 27%. The company raised its full-year guidance and outlook for adjusted EBITDA, leading to a 10% stock surge. Hayward's strong performance, driven by solid pricing and better operations, has investors optimistic about its ability to capitalize on home improvement and backyard upgrade trends. The company's future prospects and potential as a tech trend leader are being closely watched.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.