secwatch.observer — SEC 8-K summary
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Issuer:     HAWKINS INC (HWKN)
CIK:        0000046250
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0000046250-24-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawkins posts record FY2024 EPS $3.59, operating cash flow $159.5M; completes four Water Treatment acquisitions
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- Record diluted EPS $3.59 for FY2024, up 26% from $2.86; Q4 EPS $0.66, up 20% YoY.
- FY2024 sales $919.2M (-2% YoY); Water Treatment segment sales up 19% to $363.3M, driven by four acquisitions.
- Record operating cash flow $159.5M (more than double FY2023); net debt reduced to $91.8M, leverage ratio 0.66x.
- Completed four Water Treatment acquisitions for $83M: EcoTech, Water Solutions, Miami Products, Industrial Research.
- FY2025 outlook: top line approaching $1B; Water Treatment expected to become largest segment; Industrial cautious.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46250/000004625024000011/0000046250-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46250/000004625024000011/hwkn-20240515.htm
  HTML page:      https://secwatch.observer/filing/0000046250-24-000011

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