earnings
confidence high
sentiment positive
materiality 0.80
Hawkins reports record Q1 FY2023 sales $246.5M, EPS $0.94, up 19% YoY
HAWKINS INC
2023-Q1 EPS reported
$0.94
revenue$246,543,000
- Q1 sales $246.5M (+36% YoY); diluted EPS $0.94 (+19%); gross profit $46.7M (+20%); all records.
- Operating income $27.9M (+26%); adjusted EBITDA $34.3M (+18%).
- Industrial segment sales +45%, Water Treatment +40%, Health & Nutrition +10%.
- LIFO expense rose to $3.8M from $1.8M; Health & Nutrition gross profit fell 8% on inventory adjustments.
- Board authorized 1M additional share repurchase; Centralia, IL expansion adds 50% capacity.