HWKN
Hawkins, Inc.143.00
-1.14-0.79%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
2.99BP/E (TTM)
36.02Basic EPS (TTM)
3.97Dividend Yield
0.01%Recent Filings
10-Q
Q3 FY2026 results
Hawkins posted Q3 FY2026 sales of $244.1M, up 8% y/y, driven by 21% Water Treatment growth from acquisitions like WaterSurplus (closed April 2025 for $149.9M cash plus up to $53.7M earnout, recognizing $82.6M goodwill and $76.0M customer relationships amortized over 15 years). Operating income edged 7% higher to $22.6M despite higher interest; diluted EPS held at $0.69, consistent with 20.8M diluted shares. Gross margin slipped to 20.8% from 21.4% on volume mix. YTD operating cash flow soared 33% to $106.6M, funding $167.1M deals and $38.7M capex, with free cash flow (derived) at $67.9M; cash hit $8.2M, revolver debt $264M at 4.8% (availability not disclosed). Acquisitions fuel scale. Commodity price swings pose risks.
8-K
Record Q3 revenue up 8%
Hawkins posted record Q3 fiscal 2026 revenue of $244.1M, up 8% year-over-year, driven by 21% Water Treatment growth from acquisitions like WaterSurplus and 10% Industrial Solutions gains, while Food & Health Sciences fell 10%. Gross profit rose 5% to $50.8M; adjusted EBITDA hit $34.8M, up 3%. EPS dipped to $0.69 from acquisition costs, but pro forma grew 10%. Debt paid down $15M; leverage at 1.47x.
10-Q
Q2 FY2026 results
Hawkins posted Q2 FY2026 sales of $280.4M, up 14% y/y from $247.0M, with operating income steady at $33.9M despite higher SG&A from acquisitions; YTD sales climbed 14% y/y to $573.7M and operating income edged up 2% y/y to $75.3M, while diluted EPS dipped to $2.48 from $2.54 on slight share growth. Water Treatment drove gains, up 21% y/y to $150.9M, fueled by $23M from buys like April's $149.9M WaterSurplus deal (recognizing $82.6M goodwill, $75.0M customer relationships over 15 years). Cash hit $10.4M with $71.0M operating cash flow, funding $162.5M acquisitions amid $278.1M debt at 5.1%; free cash flow not disclosed in the 10-Q. Acquisitions accelerate growth. Competitive pricing pressures linger.
8-K
Record Q2 revenue, EPS dips
Hawkins crushed Q2 fiscal 2026 with record $280M revenue, up 14%, driven by 21% Water Treatment surge from acquisitions and organics. Gross profit climbed 12% to $68M, adjusted EBITDA hit $50M (up 9%), yet EPS dipped 7% to $1.08 on acquisition costs. Debt fell $20M; Water Treatment to grow H2, Food flat amid comps.
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