Hawkins reports record Q3 fiscal 2023: sales $219.2M (+17%), EPS $0.51 (+6%)

HAWKINS INC

2023-Q3 EPS reported $2.31 revenue$706,953,000

Net income $10.7M ($0.51 diluted) vs $10.2M ($0.48) in prior year quarter.
Water Treatment sales +38% to $68.5M; Industrial +14% to $114.4M; Health and Nutrition -1%.
LIFO expense of $3.7M ($12.7M YTD) reduced gross profit; gross margin 17% vs 18% a year ago.
Adjusted EBITDA $23.8M (+10%); operating cash flow $25.7M; debt reduced $10M; leverage 1.14x.
Year-to-date EPS $2.31 (+19%); management expects continued Health and Nutrition softness in Q4.

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 third quarter ended January 1, 2023 results: revenue $219.2 million, net income $10.7 million, EPS $0.51 per diluted share.

Period: fiscal 2023 third quarter ended January 1, 2023
Revenue: $219.2 million
Net income: $10.7 million
EPS: $0.51 per diluted share
Result: reported results

Exact text from the filing

For the third quarter of fiscal 2023, the Company reported net income of $10.7 million, or $0.51 per diluted share, compared to net income for the third quarter of fiscal 2022 of $10.2 million, or $0.48 per diluted share. REVENUE Sales were $219.2 million for the third quarter of fiscal 2023, an increase of $32.1 million, or 17%, from sales of $187.1 million in the same period a year ago, driven primarily by increased selling prices.

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 0000046250-23-000005

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.