Hawkins Q3 2022 Earnings Report

Reported record quarterly sales and gross profit, driven by volume growth in the Industrial and Water Treatment segments.

Key Takeaways

Hawkins, Inc. reported record third quarter fiscal 2022 results, with sales of $187.1 million, a 31% year-over-year increase. The company also reported record third quarter gross profit of $33.9 million, a 20% increase over the prior year, and record third quarter operating income of $14.3 million, a 36% year-over-year increase. Diluted earnings per share (EPS) was $0.48, which was $0.11, or 30%, higher than the same period last year.

Record quarterly sales of $187.1 million, a 31% year-over-year increase.

Record third quarter gross profit of $33.9 million, a 20% increase over the prior year.

Third quarter diluted earnings per share (EPS) of $0.48, which was $0.11, or 30%, higher than the same period last year.

Record third quarter earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) of $21.7 million, a 22% increase over the prior year.

Previous year: $17.8M

+21.9%