Hawkins reports record Q2; sales up 32% to $241.2M, EPS $0.86 (+28%); guides Q3 flat YoY

HAWKINS INC

2023-Q2 EPS reported $1.79 revenue$487,735,000

Sales $241.2M (+32% YoY); all three segments grew; Industrial +37%, Water Treatment +39%, Health & Nutrition +7%.
Net income $18.0M ($0.86 diluted EPS) vs $14.1M ($0.67) a year ago; adjusted EBITDA $34.0M (+28%).
LIFO expense of $5.3M in the quarter ($9.0M YTD) pressured gross margin to 19% vs 20% last year.
Operating cash flow $28.2M; paid down $18.5M on revolver; leverage ratio 1.26x EBITDA.
CEO expects Q3 EPS relatively flat due to supplier shutdown, LIFO pressures, and softness in Health & Nutrition.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HAWKINS INC reported fiscal 2023 second quarter ended October 2, 2022 results: revenue $241.2 million, net income $18.0 million, EPS $0.86 per diluted share.

Period: fiscal 2023 second quarter ended October 2, 2022
Revenue: $241.2 million
Net income: $18.0 million
EPS: $0.86 per diluted share
Result: reported results

Exact text from the filing

income, net income, diluted earnings per share (EPS), adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), and operating cash flow. • Sales of $241.2 million, a 32% year-over-year increase, with all three reporting segments growing over the same quarter in the prior year. • Gross profit of $46.4 million, a 24% increase over the prior

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

HAWKINS INC filing history →

Source: SEC EDGAR

accession 0000046250-22-000034

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.