Demo
HWKN Nasdaq· Hawkins Inc
FundamentalsNews digest Peer analysis
Login
HWKN Nasdaq· Hawkins Inc
Earnings report Q4 2023

Hawkins, Inc. Reports Decrease in Revenue for the Latest Quarter

Segments of Revenue

Hawkins, Inc. generates revenue from three main operating segments: Industrial, Water Treatment, and Health and Nutrition. In the latest quarter, the company's revenue breakdown is as follows:

  • Industrial: $78.3 million
  • Water Treatment: $73.4 million
  • Health and Nutrition: $7.9 million

The total external customer sales for the quarter amounted to $159.6 million.

Strengths

Despite a decrease in revenue compared to the previous year, Hawkins, Inc. demonstrated resilience in its Industrial and Water Treatment segments. The Industrial segment generated $78.3 million in revenue, showing stability in demand for manufactured, blended, or repackaged products. The Water Treatment segment also performed well, contributing $73.4 million in revenue. This indicates a consistent need for water treatment solutions.

Challenges

Hawkins, Inc. faced challenges in its Health and Nutrition segment, which generated only $7.9 million in revenue. This represents a decline compared to the previous year. The company may need to address the factors contributing to this decrease and explore strategies to improve performance in this segment.

Noteworthy

It is worth noting that Hawkins, Inc. experienced an overall decrease in revenue for the latest quarter. The total external customer sales of $159.6 million reflect a decline compared to the previous year. The company's management should closely monitor this trend and identify potential factors impacting revenue generation.

Summary

Hawkins, Inc. reported a decrease in revenue for the latest quarter, with total external customer sales amounting to $159.6 million. The Industrial and Water Treatment segments showed strength, while the Health and Nutrition segment faced challenges. The company's management should focus on addressing the decline in revenue and exploring strategies to improve performance in all segments.

Source documents

Form 10-Q  filed on Jan 31, 2024
117 pages scanned

Reference data

Company financials Q4 revenue 208M
Analyst estimates Q4 EPS missed by NaN%
Sign up to Fey

Get in-depth analysis on thousands of stocks for just $30/month. Cancel anytime.