earnings
confidence high
sentiment positive
materiality 0.75
Hawkins reports record Q4 sales $223M (+37% YoY), full-year EPS $2.44 (+26%)
HAWKINS INC
2022-FY EPS reported
$2.44
revenue$774,541,000
- Record annual sales $774.5M (+30% YoY); net income $51.5M (+26%); adjusted EBITDA $99.7M (+19%).
- Q4 diluted EPS $0.50 (+16% YoY) on net income $10.6M; sales growth driven by 54% Industrial and 45% Water Treatment segment increases.
- Industrial FY sales $386.9M (+42%), Water Treatment $228.1M (+34%), Health & Nutrition $159.5M (+4%).
- Full-year dividends $0.5225/share (+11%); 37th consecutive year; three acquisitions completed in FY22.
- LIFO expense reduced gross profit by $15.8M in FY22 due to rising raw material costs; leverage ratio 1.25x.