secwatch.observer — SEC 8-K summary
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Issuer:     HAWKINS INC (HWKN)
CIK:        0000046250
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0000046250-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46250/000004625023000005/0000046250-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46250/000004625023000005/hwkn-20230201.htm
  HTML page:      https://secwatch.observer/filing/0000046250-23-000005

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