HAYW — what changed in the latest 10-Q
A section-by-section comparison of HAYW's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-28 vs the prior 10-Q · 2026-07-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +45 | −48 | ~77 | 42 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | Text added/removed | 0 | 0 | ~3 | 2 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +3 | −1 | ~2 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-28
Gross profit margin increased to 47.9% for the three months ended September 26, 2026 compared to 47.8% for the three months ended September 27, 2025, an increase of 10 basis points, primarily due to a greater contribution from NAM relative to E&RW. Gross profit margin declined modestly in both segme…
Gross profit margin remained relatively consistent at 47.8% for the nine months ended September 26, 2026 and the nine months ended September 27, 2025, as the positive net price and operational productivity offset the increase in cost of sales driven by inflation and tariffs.
SG&A increased to $186.3 million for the nine months ended September 26, 2026 from $179.9 million for the nine months ended September 27, 2025, an increase of $6.4 million, or 3.6%, driven by higher incentive compensation, advertising expense, selling-team investments, and wage inflation, partially …
RD&E increased to $23.1 million for the nine months ended September 26, 2026 from $19.2 million for the nine months ended September 27, 2025, an increase of $3.9 million, or 19.9%. The increase is primarily due to higher salary costs driven by strategic investments in our engineering teams and highe…
For the three months ended September 26, 2026, we incurred less than $0.1 million of acquisition and restructuring related expense as compared to $0.3 million of expense for the three months ended September 27, 2025. The expense in the three months ended September 26, 2026 was driven by costs associ…
Text removed vs the prior filing · source: 10-Q · 2026-07-29
Gross profit margin decreased to 48.7% for the three months ended June 27, 2026 compared to 49.2% for the three months ended June 28, 2025, a decrease of 50 basis points, primarily due to an increase in cost of sales driven by inflation and tariffs, partially offset by positive net price.
Gross profit margin decreased to 47.7% for the six months ended June 27, 2026 compared to 47.8% for the six months ended June 28, 2025, a decrease of 10 basis points, primarily due to an increase in costs driven by inflation and tariffs, partially offset by positive net price.
SG&A increased to $126.9 million for the six months ended June 27, 2026 from $118.5 million for the six months ended June 28, 2025, an increase of $8.4 million, or 7.0%, driven by higher incentive compensation, incremental advertising expense, higher salary costs driven by investments in our selling…
RD&E increased to $14.4 million for the six months ended June 27, 2026 from $12.1 million for the six months ended June 28, 2025, an increase of $2.3 million, or 19.1%.
For the three months ended June 27, 2026, we incurred $0.7 million of acquisition and restructuring related expense as compared to $1.6 million of expense for the three months ended June 28, 2025. The expense in the three months ended June 27, 2026 was driven by costs associated with a restructuring…
Other information
Text added vs the prior filing · source: 10-Q · 2026-10-28
On August 3, 2026, Kevin Holleran, our President and Chief Executive Officer, adopted a Rule 10b5-1 Trading Plan that provides for the sale, subject to certain conditions, of up to 332,000 shares of our common stock issuable upon the exercise of vested stock options and 8,000 shares held by certain …
On August 7, 2026, Eric L. Sejourne, our Senior Vice President, Chief Global Operations Officer, adopted a Rule 10b5-1 Trading Plan that provides for the sale, subject to certain conditions (including a limit price), of 100% of the net shares of our common stock (after tax withholding) issuable upon…
On August 13, 2026, Eifion Jones, our Senior Vice President, Chief Financial Officer, adopted a Rule 10b5-1 Trading Plan that provides for the exercise of stock options and the sale, subject to certain conditions (including limit prices), of up to 196,887 shares of our common stock acquired on those…
Text removed vs the prior filing · source: 10-Q · 2026-07-29
On May 19, 2026, Susan M. Canning, our Senior Vice President, Chief Legal Officer and Corporate Secretary, adopted a trading plan intended to satisfy the affirmative defense of Rule 10b5-1(c). The trading plan provides for the sale, subject to certain conditions, of up to 27,500 shares of our common…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice