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Jul 03, 2022
Hawkins Q1 2023 Earnings Report
Reported record quarterly sales, gross profit, operating income, and diluted earnings per share.
Key Takeaways
Hawkins, Inc. reported a strong first quarter for fiscal year 2023, marked by record sales of $246.5 million, a 36% year-over-year increase. The company achieved record gross profit, operating income, and diluted earnings per share, driven by growth across all three business segments.
Record quarterly sales of $246.5 million, a 36% year-over-year increase.
Record quarterly gross profit of $46.7 million, a 20% increase over the prior year.
Record quarterly operating income of $27.9 million, a 26% year-over-year increase.
Record quarterly diluted earnings per share (EPS) of $0.94, 19% higher than the same period last year.
Hawkins
Hawkins
Hawkins Revenue by Segment
Revenue by Segment
Water Treatment Revenue
CapyFin.comIndustrial Revenue
CapyFin.comHealth and Nutrition Revenue
CapyFin.com Forward Guidance
The company did not provide specific forward guidance in this earnings report. The report mentions expectations for the full year effective tax rate to be approximately 26-27%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income