secwatch.observer — SEC 8-K summary
======================================

Issuer:     HAWKINS INC (HWKN)
CIK:        0000046250
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0000046250-23-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawkins Q1 FY2024: Record sales $251M, EPS $1.12 (+19% YoY); Water Treatment up 19%
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46250/000004625023000024/0000046250-23-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46250/000004625023000024/hwkn-20230802.htm
  HTML page:      https://secwatch.observer/filing/0000046250-23-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer