earnings
confidence high
sentiment positive
materiality 0.75
Hawkins reports record FY2023 sales of $935M, EPS $2.86, up 17% YoY
HAWKINS INC
2023-FY EPS reported
$2.86
revenue$935,098,000
- Q4 sales $228.1M (record); diluted EPS $0.55, up 10% YoY; adjusted EBITDA $27.0M, +21%.
- Full-year sales $935.1M (+21% YoY); gross profit $165.1M (+13%); operating cash flow $77.4M (record).
- Industrial segment sales $470.8M (+22%); Water Treatment $304.9M (+34%); Health & Nutrition $159.4M (flat).
- Net debt $104M, leverage ratio 0.96x; annual dividend raised 9% to $0.57/share for 38th consecutive year.
- Guidance: expects Water Treatment growth; cautious on Industrial; Health & Nutrition decline to continue in FY2024.