Hawkins FY27 Q1 diluted EPS drops 4% to $1.35; revenue rises 8% to $315.7 million - HWKN News | RalliesHawkins FY27 Q1 diluted EPS drops 4% to $1.35; revenue rises 8% to $315.7 million
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HWKN• Fiscal first-quarter results
- Hawkins posted fiscal Q1 net income of $28.3 million, down 3%, with diluted EPS of $1.35, down 4%.
- Revenue rose 8% to $315.7 million, led by 6% growth in Water Treatment sales to $158.3 million.
- Gross profit increased 2% to $74 million; gross margin narrowed 2 percentage points to 23% of sales.
- Operating cash flow climbed 12% to $35.2 million; free cash flow rose more than 30% to $23.5 million.
- The company acquired Aqua-Chem for $3.6 million; CEO Patrick H. Hawkins said raw material costs largely stabilized by quarter-end.
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