Hawkins(US:HWKN) The Motley Fool·2025-01-30 21:18Core Viewpoint - Hawkins experienced a significant decline in stock price despite posting record third-quarter numbers, indicating a disconnect between market expectations and actual performance [1][2]. Financial Performance - Hawkins reported over $226 million in sales for the third quarter, an 8% increase compared to the same period in fiscal 2024 [2]. - GAAP net income increased by less than 1% to slightly more than $15 million, translating to $0.72 per share [2]. - Analyst estimates projected sales of nearly $233 million and earnings of $0.76 per share, which Hawkins did not meet [3]. Segment Performance - The sales growth was primarily driven by the water treatment segment, which saw a 22% improvement in revenue, contributing just under $100 million [4]. - The segment's growth was supported by seven acquisitions made in less than two years, alongside strong organic growth [4]. Management Perspective - The company did not provide guidance in its earnings release, leaving investors without future performance expectations [4]. - There is a positive outlook on the company's strategy to enhance the water treatment segment, which shows significant potential for further improvement [5].