earnings
confidence high
sentiment positive
materiality 0.75
Hawkins Q1 FY2024: Record sales $251M, EPS $1.12 (+19% YoY); Water Treatment up 19%
HAWKINS INC
2024-Q1 EPS reported
$1.12
revenue$251,120,000
- Net income $23.4M ($1.12 diluted EPS) vs $19.7M ($0.94) a year ago, +19%.
- Sales $251.1M (+2% YoY); Water Treatment +19% to $93.7M, Industrial -3%, Health & Nutrition -15%.
- Adjusted EBITDA $40.9M (+19% YoY); gross profit $52.0M (+11% vs $46.7M).
- Debt reduced $23.4M to $88.3M; leverage ratio 0.72x trailing adjusted EBITDA.
- Expanded Rosemount facility; added 40th Water Treatment location via EcoTech acquisition.