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Stock impact report

Hawkins, Inc. Reports Second Quarter Fiscal 2025 Results

Hawkins, Inc. (HWKN) 
US:NASDAQ Investor Relations: hawkinsinc.com/investors
Company Research Source: GlobeNewswire
ROSEVILLE, Minn., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN) today announced results for the six months ended September 29, 2024, its second quarter of fiscal 2025. Second Quarter Fiscal Year 2025 Highlights: Record second quarter results for revenue, gross profit, operating income, net income, diluted earnings per share (“EPS”) and adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“adjusted EBITDA”), a non-GAAP measure.Overall revenue growth of 4%, once again driven by the Water Treatment segment growth of 23% over the same period of the prior year.Gross profit increase of 12% over the same period of the prior year, with Water Treatment segment gross profit growth of 22%.Second quarter operating income of $33.7 million, our 26th consecutive quarter of year-over-year operating income increase.Diluted EPS of $1.16, an increase of $0.06, or 5%, compared to the same period of the prior year.Adjusted EBITDA, a non-GAAP measure, of $46.3 milli Show less Read more
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