$Hawkins Inc (HWKN.US)$ 🎯 April 3, 2024, current price is 7...

Additional data: Q2 2024, Q3 2024, revenue has shrunk for two consecutive quarters, operating profit and net income continue to grow due to a significant increase in gross margin.

Revenue shrank by 1.6% in the first three quarters of 2024, operating profit increased by 20.5% due to the impact of increased gross margin, and net income grew by 27%.

The balance sheet shows that there was an acquisition in Q3 2024, goodwill increased from 0.15 billion to 0.22 billion, while long-term borrowings increased to 0.11 billion. Net assets are currently at 0.394 billion.

Currently, the pe is 26.3, the trailing pe has dropped to 21.6, still discounted compared to profit growth rate, but considering the recent acquisition has just been completed, we need to observe the impact first before making any adjustments.