Hawkins Q1 revenue rises 8% to record $315.7 million; EPS falls 4% to $1.35
Hawkins reported fiscal 2027 first-quarter results for the three months ended June 28, 2026. Sales rose 8% to $315.7 million, a record for the quarter, but net income fell 3% to $28.3 million and diluted EPS fell $0.05 to $1.35, as higher LIFO reserve and freight costs and lower gross margin offset the sales gain. Shareholders see growth in revenue alongside lower profit per share, and the company did not change any guidance in this filing.
Key points
- Revenue of $315.7 million, up 8% from $293.3 million; all three segments grew more than 5%.
- Net income of $28.3 million, down 3%, or $1.35 per diluted share versus $1.40 a year earlier.
- Gross profit rose 2% to $74.0 million, but gross margin fell to 23% of sales from 25%.
- Adjusted EBITDA, a non-GAAP measure, rose 1% to $56.9 million; the company repurchased $7.0 million of stock and paid $4.0 million in dividends.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.