Hayward Holdings Sees FY23 Sales Decreasing 20%-23%; Sees Adj. EBITDA $265M-$280M
Portfolio Pulse from Benzinga Newsdesk
Hayward Holdings has projected a decrease in its FY23 sales by 20%-23%. The company also expects its adjusted EBITDA to be between $265M and $280M.
August 04, 2023 | 10:57 am
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Hayward Holdings' FY23 sales are expected to decrease by 20%-23%, and adjusted EBITDA is projected to be $265M-$280M.
The company's projected decrease in sales and adjusted EBITDA for FY23 indicates potential financial challenges, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100