Hawkins Inc. Reports Record Q4 Sales Exceeding Estimates, Crosses $1B Annual Revenue
summarizeSummary
Hawkins Inc. announced record fourth-quarter sales that beat estimates and achieved over $1 billion in annual revenue for the first time, driven by strategic acquisitions and strong cash flow, with a positive outlook for fiscal 2027.
check_boxKey Events
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Record Q4 Sales Beat Estimates
Hawkins Inc. reported record fourth-quarter sales of $265.9 million, an 8% increase year-over-year, surpassing the IBES estimate of $255.3 million.
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Achieves $1 Billion Annual Revenue Milestone
The company's full-year fiscal 2026 sales reached approximately $1.1 billion, marking the first time in its history to cross the $1 billion revenue threshold.
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EPS Impacted by Acquisition Costs
Q4 diluted EPS of $0.74 (a 5% decrease YoY) and full-year EPS of $3.91 (a 3% decrease YoY) were primarily due to increased amortization, interest expense, and earnout liability accretion from six acquisitions in fiscal 2026. Pro forma EPS, excluding these impacts, would have been higher.
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Strong Operating Cash Flow Growth
Operating cash flow increased by 22% in Q4 and 30% for the full fiscal year, reaching $144.3 million, demonstrating robust cash generation.
auto_awesomeAnalysis
Hawkins Inc. reported strong fourth-quarter and full-year fiscal 2026 results, with Q4 sales of $265.9 million surpassing analyst estimates of $255.3 million. The company also achieved a significant milestone, crossing $1 billion in annual revenue for the first time. While diluted EPS saw a slight year-over-year decrease, this was primarily attributed to increased amortization, interest expense, and earnout liabilities from six strategic acquisitions completed during the fiscal year. Management provided a positive outlook for fiscal 2027, expecting growth in revenue, operating income, and EPS, alongside continued debt reduction.
At the time of this filing, HWKN was trading at $161.83 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $115.35 to $186.15. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.