As we discussed earlier this week, Hansen Natural Corporation’s (HANS) earnings came out yesterday, and today the stock is responding. That’s good news for us; despite the net loss, operating profits were good, and shares are up pretty nicely right now (about 9%). Of course, that only offsets yesterday’s dip, but at least we’re back to break even levels.

In short, a one-time charge for changing distributors cost the company $118.2 million, leading to a $23.4 million loss (a per-share loss of 25 cents) for the quarter. Had it not been for the charges, Hansen would have earned $79 million, or about 74 cents per share. That’s leaps and bounds above analyst’s expectations of 42 cents’ worth of per-share operating profit. It also tops last year’s Q4 income of 45 cents. Thus, we’re seeing some strength today.

All told, I hate the loss, but think about the fact that it’s a one-time charge. The company’s Q4 bottom line surged by 64% when taking the one-time hit out of the equation.

Anyway, Hansen is back above a significant short-term support line, though I don’t think we’re out of the woods yet. HANS also peeled back from it’s highs pretty quickly today, and still hasn’t made any major progress in the bigger picture. A move above $35.80 would be impressive to me.

I still like this trade though… a lot. The company continues to grow the top and bottom line, and I think next quarter is going to be another winner, this time without the big charges.

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