Welcome to our dedicated page for Hawkins news (Ticker: HWKN), a resource for investors and traders seeking the latest updates and insights on Hawkins stock.
Hawkins Inc. (NASDAQ: HWKN) delivers essential chemical solutions through three core segments: industrial chemicals, water treatment technologies, and health & nutrition ingredients. This page provides investors and industry stakeholders with centralized access to official company announcements and market-relevant developments.
Track Hawkins' strategic moves including earnings reports, acquisition activity, and product innovations across its industrial, municipal, and specialty ingredient markets. Our curated news collection simplifies monitoring regulatory updates, partnership announcements, and operational expansions impacting this technical chemical provider.
All content is sourced directly from Hawkins' communications and verified financial channels, ensuring reliability for investment research. Bookmark this page for streamlined access to HWKN's evolving role in chemical distribution, water infrastructure support, and ingredient formulation advancements.
Hawkins Inc (Nasdaq: HWKN) has acquired WaterSurplus, expanding its water treatment capabilities. The acquisition strengthens Hawkins' portfolio with membrane separation systems, engineering services, and PFAS removal solutions. This marks Hawkins' 13th acquisition in 5 years, with their Water Treatment business expected to exceed $500 million in revenue by FY2026.
WaterSurplus generated approximately $10 million in adjusted EBITDA for FY2024. The deal will be funded through cash and available borrowings, with Hawkins securing an amended $400 million revolving credit facility. The proforma leverage ratio will be approximately 1.7x trailing 12-month proforma adjusted EBITDA.
The acquisition is expected to be accretive to earnings per share in FY2027 and improves Hawkins' Water Treatment margin profile. WaterSurplus brings patented products like NanoStack™, ImpactRO™, and NanoScope™, serving over 10,000 active customers including Fortune 500 companies.
Hawkins Inc (Nasdaq: HWKN) has completed the acquisition of Amerochem 's assets, marking its second acquisition in North Carolina and establishing its 50th Water Treatment location across the United States. Amerochem specializes in distributing water treatment chemicals and equipment throughout North Carolina and has been in operation for over 30 years.
The acquisition aligns with Hawkins' expansion strategy in the water treatment sector. Amerochem's President and Owner, Woodrow 'Woody' Wright, chose Hawkins specifically for their shared values and business approach. The integration aims to maintain and expand Amerochem's existing customer, supplier, and employee relationships while supporting future growth opportunities.
Hawkins Inc (NASDAQ: HWKN) reported strong Q3 FY2025 results with record performance in key metrics. Revenue grew 8% to $226.2M, driven by a 22% increase in Water Treatment segment revenue to $99.8M. The company achieved net income of $15.0M and diluted EPS of $0.72.
The Water Treatment segment showed robust growth from acquisitions and 9% organic volume growth. The Industrial segment saw a slight revenue decline of 1% due to lower selling prices, while Health and Nutrition segment revenue increased 3%. Gross profit rose 15% to $48.4M, with notable improvements in Water Treatment (29%) and Health and Nutrition (31%) segments.
The company maintains a strong balance sheet with a leverage ratio of 0.7x trailing 12-month proforma adjusted EBITDA. Adjusted EBITDA increased 13% to $33.6M. Management expects continued growth in Water Treatment and Health and Nutrition segments.
Hawkins Inc (Nasdaq: HWKN) has declared a quarterly cash dividend of $0.18 per share, payable February 28, 2025, to shareholders of record as of February 14, 2025. The dividend declaration was made by the Board of Directors at their meeting on January 29, 2025.
The company, founded in 1938, is a water treatment and specialty ingredients company that has maintained consistent dividend payments since 1985. Operating through 61 facilities across 28 states, Hawkins serves Industrial, Water Treatment, and Health & Nutrition customers with product formulation, distribution, blending, and manufacturing services. The company reported revenue of $919 million in fiscal 2024 and employs approximately 1,000 people.
Hawkins (Nasdaq: HWKN) has announced it will release its fiscal 2025 third quarter financial results on January 29, 2025. The results, covering the period ended December 29, 2024, will be made public after market close at approximately 4:10 p.m. Eastern Time.
Hawkins (HWKN) reported record second quarter fiscal 2025 results with overall revenue growth of 4% to $247.0 million. The Water Treatment segment led growth with a 23% increase to $124.5 million, while Industrial segment sales decreased 9% to $89.9 million and Health & Nutrition declined 12% to $32.6 million. Net income reached $24.1 million with diluted EPS of $1.16, up 5% year-over-year. Gross profit increased 12% to $60.2 million, and adjusted EBITDA grew 12% to $46.3 million. The company maintained a strong balance sheet, paying down $30 million in debt with a leverage ratio of 0.65x.
Hawkins Inc (Nasdaq: HWKN) has declared a quarterly cash dividend of $0.18 per share, payable November 29, 2024, to shareholders of record as of November 15, 2024. The company has maintained consistent dividend payments since 1985. Hawkins, founded in 1938, operates as a specialty chemical and ingredients company with 61 facilities across 28 states, serving Industrial, Water Treatment, and Health & Nutrition sectors. The company generated $919 million in revenue for fiscal 2024 and employs approximately 1,000 people.
Hawkins Inc (Nasdaq: HWKN) has acquired Water Guard Inc, a water treatment chemicals and equipment distributor serving Virginia and the Carolinas since 1978. The acquisition provides Hawkins with its first location in North Carolina, supporting its East Coast expansion strategy. Water Guard's customers will benefit from expanded product offerings and additional resources while maintaining the company's commitment to outstanding products and services.
Hawkins, Inc. (Nasdaq: HWKN) has announced the upcoming release of its fiscal 2025 second quarter financial results. The company, which ended its second quarter on September 29, 2024, plans to disclose these results after the market closes on October 30, 2024, at approximately 4:10 p.m. Eastern Time. This announcement sets the stage for investors and analysts to gain insights into Hawkins' financial performance for the most recent quarter.
Hawkins, Inc. (Nasdaq: HWKN) reported record Q1 FY2025 results with revenue growing 2% to $255.9 million, driven by a 25% increase in Water Treatment segment sales. Diluted EPS rose 23% to $1.38, while adjusted EBITDA increased 25% to $50.9 million. Gross profit grew 24% to $64.7 million, with all three segments showing double-digit growth. The company completed two acquisitions in the Water Treatment segment, expanding its geographic reach. Hawkins' CEO Patrick H. Hawkins highlighted the company's strong performance, with Water Treatment becoming the largest reporting segment and profitability growing over 20%. The company's balance sheet remains strong with a leverage ratio of 0.84x.
