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Jun 30, 2024

Hawkins Q1 2025 Earnings Report

Hawkins reported record quarterly results driven by Water Treatment segment growth and increased profitability.

Key Takeaways

Hawkins, Inc. reported a strong first quarter with record revenue, gross profit, operating income, net income, and diluted earnings per share. Revenue grew by 2%, driven by the Water Treatment segment, and gross profit increased by 24%.

Record quarterly results for revenue, gross profit, operating income, net income, and diluted EPS.

Revenue increased by 2%, driven by 25% growth in the Water Treatment segment.

Gross profit increased by 24%, with double-digit growth in all segments.

Diluted EPS increased by 23% to $1.38 per share.

Total Revenue
$256M
Previous year: $251M
+1.9%
EPS
$1.38
Previous year: $1.12
+23.2%
Gross Profit
$64.7M
Previous year: $52M
+24.4%
Cash and Equivalents
$8.89M
Previous year: $7.05M
+26.1%
Free Cash Flow
$6.94M
Previous year: $27M
-74.3%
Total Assets
$703M
Previous year: $592M
+18.7%

Hawkins

Hawkins

Hawkins Revenue by Segment

Forward Guidance

Hawkins expects all three segments to continue to grow profitability and will continue to deliver on its strategy of investing in higher margin businesses, while servicing the needs of its customers.

Revenue & Expenses

Visualization of income flow from segment revenue to net income