Hawkins Inc. (HWKN) saw its stock surge 6.96% in after-hours trading on Wednesday following the release of its fourth-quarter earnings report and positive future outlook. The company reported better-than-expected results and projected significant growth for the upcoming fiscal year.

For the quarter ended March 31, Hawkins reported earnings of $0.78 per share, surpassing analysts' expectations of $0.73 and showing an increase from $0.66 in the same period last year. The company's revenue also exceeded forecasts, reaching $245.32 million, up 10% year-over-year and beating the anticipated $230.69 million.

Looking ahead, Hawkins expects all of its business segments to grow, with revenue projected to surpass $1 billion for fiscal year 2026. While the company anticipates continued earnings per share growth, it noted that the pace might slow due to higher interest expenses from new debt financing and increased amortization costs from recent acquisitions. Despite these factors, investors responded positively to the overall strong performance and optimistic outlook, driving the stock's after-hours rally.