Hawkins, Inc. Reports Fourth Quarter and Fiscal Year 2025 Results

Core Insights - Hawkins, Inc. reported record sales, gross margin, operating income, EPS, and adjusted EBITDA for fiscal year 2025, marking a continued growth trajectory with a focus on sustained performance [4][5][7]. Fourth Quarter Fiscal Year 2025 Highlights - Fourth quarter sales reached $245.3 million, a 10$52.2 million, up 15% year-over-year, contributing to an operating income of $24.6 million, a 22$0.78, an 18% increase compared to the prior year [5][7]. - Adjusted EBITDA for the fourth quarter was $36.7 million, reflecting an 18$974.4 million, a 6% increase from the previous fiscal year, with the Water Treatment segment achieving a 23% sales growth [5][9]. - Annual gross profit reached $225.5 million, a 16$119.2 million, a 15% increase [5][10]. - Record diluted EPS for the year was $4.03, which is$0.44 or 12% higher than fiscal 2024 [5][7]. - Adjusted EBITDA for the full year was $167.5 million, a 17$1 billion for the first time in its history in fiscal 2026, with expectations for EPS growth, albeit at a slower rate due to increased interest and amortization expenses [4][6]. Financial Performance - The Water Treatment segment generated $446.5 million in sales for the year, a 23$363.3 million in the previous year [9]. - The Industrial segment saw a decline in sales to $382.5 million, down 7$409.5 million [9]. - Health and Nutrition segment sales were $145.5 million, a slight decrease of 1$143.9 million with a leverage ratio of 0.86x adjusted EBITDA [5][18]. - Operating cash flow for the year was $111.1 million, with significant investments in acquisitions and capital expenditures [5][18]. - The company paid cash dividends of$0.70 per share, marking the 40th consecutive year of dividend payments, reflecting an 11% increase over the prior year [5][18].