Hayward makes bigger first-quarter profit splash as demand for pool supplies rises

Another quarter of consumers buying supplies ahead of the upcoming pool season bolstered Hayward Holdings Inc.'s first-quarter net income by 63% to $23.2 million, the manufacturer reported Wednesday.

Hayward, based in Charlotte, produces pumps and filters for swimming pools,

It is the largest private employer in Clemmons with more than 1,000 workers. A 240,000-square-foot distribution facility in Mocksville is projected to have a workforce of 200 at full production.

Diluted earnings were 11 cents a share, while adjusted earnings were 13 cents.

The average earnings forecast was 11 cents by three analysts surveyed by Zacks Investment Research. Analysts typically do not include one-time gains and charges in their forecasts.

The manufacturer reported sales of $255.2 million, up 11.5%. The manufacturer said price increases enabled it to offset the impact of inflation and tariffs.

North American net sales rose by 12% during the quarter to $209.8 million, while non-North American sales increased by 9% to $45.4 million.

Aftermarket customers typically represent 85% of its sales.

"Hayward delivered an outstanding first quarter, highlighted by double-digit net sales growth and increased profitability," Kevin Holleran, Hayward's president and chief executive, said in a news release.

"Based on our strong start to the year, we are increasing our full-year guidance and remain confident in our ability to deliver continued profitable growth and stockholder value."

Hayward's fiscal 2026 sales forecast was raised from 4% to 5% higher its fiscal 2025 sales of $1.12 billion.

Fiscal 2026 adjusted earnings per share guidance went from a range of 82 to 86 cents to a range of 84 to 87 cents.

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This story was originally published May 1, 2026 at 5:41 AM.