earnings
confidence high
sentiment positive
materiality 0.85
Hawkins Q1 FY2022: Record sales $181.2M, EPS $0.79, up 44% YoY; dividend raised 12%
HAWKINS INC
2022-Q1 EPS reported
$0.79
revenue$181,241,000
- Record quarterly sales of $181.2M (+27% YoY); record gross profit $39.0M (+26%); record operating income $22.1M (+39%).
- Diluted EPS $0.79, up 44% from $0.55; record operating cash flow $14.8M vs $1.6M prior year.
- All three segments grew revenue >20%; Water Treatment gross profit up 43% on pool/resort recovery.
- Dividend increased to $0.13/share (12% increase in calendar 2021); leverage ratio at 1.1x.
- EBITDA record $29.1M (+29%); management notes continued supply chain challenges but maintains service levels.