Hayward Holdings Expects FY24 Net Sales Of $1.010B-$1.060B (Est $1.036B), Or An Increase Of Approximately 2%-7% Y/Y
Portfolio Pulse from Benzinga Newsdesk
Hayward Holdings projects FY24 net sales to be between $1.010B and $1.060B, marking a 2%-7% year-over-year increase. This guidance is based on solid execution, positive price realization, and continued technology adoption. The company expresses confidence in its long-term profitable growth and robust cash flow generation.
February 29, 2024 | 12:24 pm
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Hayward Holdings expects FY24 net sales to increase by 2%-7% Y/Y, reflecting confidence in its growth strategy and operational execution.
The projected increase in net sales for FY24 indicates a positive outlook for Hayward Holdings, driven by solid execution, positive price realization, and technology adoption. This guidance suggests confidence in the company's growth strategy and operational efficiency, likely leading to a positive short-term impact on the stock price as investors may view this as a sign of strength and potential for increased profitability.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100