NYSE:HAYWBuilding
Hayward (HAYW) Stock Stalls As Margin Strength Meets Cost Pressure
Hayward Holdings stock barely budged after earnings, up less than 1% and still sitting around the middle of its recent trading range. That muted move contrasts with what the quarter actually showed. Q2 net sales reached about US$318 million and basic earnings per share came in near US$0.21, both aligned with a pool equipment business that is leaning on its installed base. The real headline is margin resilience. Trailing net profit margin now stands near 13.8%, higher than last year, which is...