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Hawkins - HWKN STOCK NEWS

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.

Overview

Hawkins Inc. (HWKN) is a comprehensive chemical solutions provider with deep expertise in the formulation, manufacturing, blending, and distribution of high-quality industrial chemicals and reagent grade laboratory chemicals. As a company catering to broad industry needs, Hawkins operates in a competitive niche of chemical distribution with a strong focus on technical expertise, safety, and personalized customer service. Its product portfolio addresses industrial applications, water treatment challenges, and health & nutrition ingredients, ensuring that municipalities, manufacturers, and research laboratories receive consistent and reliable service.

Key industry keywords such as "chemical distribution", "industrial chemicals", and "water treatment" are embedded within its first-line description, setting the stage for investors and industry enthusiasts to understand its unique market position and operational prowess.

Business Segments

Hawkins organizes its operations into three primary segments, each addressing distinct market needs:

  • Industrial Segment: This core unit is dedicated to manufacturing and selling various industrial chemicals, including private label bleach, caustic soda, and acids. It serves manufacturers across sectors such as food, dairy, and general production by offering quality reagents and chemicals that drive production processes.
  • Water Treatment Segment: Focused on municipal and industrial water treatment, this segment supplies chemicals and related equipment for potable water processing, wastewater treatment, and industrial process water management. Its operations extend to non-residential applications such as swimming pool water treatment, showcasing its versatility and commitment to environmental and public health.
  • Health and Nutrition Segment: This segment encompasses the formulation and distribution of specialty ingredients available to food, beverage, personal care, and dietary supplement producers. It emphasizes quality and safety, catering to a market that requires precise and consistent chemical formulations.

Operational Excellence and Market Position

With decades of industry experience dating back to its founding in 1938, Hawkins exhibits a strong heritage in chemical manufacturing and distribution. The company distinguishes itself by adapting quickly to changing chemical needs through technical expertise, teamwork, and an unwavering focus on customer satisfaction. Through its rigorous quality control measures and a broad network of facilities, Hawkins not only meets regulatory standards but also exceeds customer expectations by delivering tailor-made chemical solutions.

Hawkins maintains a robust operational framework with multiple strategically located facilities across various states. This geographically diverse presence ensures that clients receive timely access to products and responsive service. The company's structured business model allows it to cater to both short-term technical requirements and long-term industrial applications, reinforcing its reputation as a dependable specialty chemical provider.

Growth Through Strategic Acquisitions

In addition to organic growth, Hawkins has successfully expanded its market footprint through strategic acquisitions. The integration of companies specializing in water treatment and related chemical distribution has allowed Hawkins to fill regional voids and enhance service capabilities. Each acquisition is accompanied by efforts to maintain local relationships and community connectivity, ensuring that the technical excellence and customer service the company is known for remain uncompromised.

Commitment to Quality and Service

The company’s mission is to exceed customer expectations by providing high-quality, service-oriented chemical solutions. This commitment is rooted in its focus on technical expertise, safety, and responsible operations. Customers benefit from a strong track record of innovation in formulating and blending chemicals, which is critical in industries where consistency and precision are paramount.

Industry Relevance and Expertise

Operating in an industry that demands both scientific rigor and operational flexibility, Hawkins leverages its extensive experience to address a wide array of chemical challenges. The regular introduction of innovative formulations and the continuous improvement of production processes highlight its expertise in serving diverse markets. Whether it is for water treatment applications or specialized ingredient formulation, Hawkins stands as a reliable partner for organizations that depend on quality chemical products.

The company’s advanced technical capabilities, combined with an established track record, have made it a vital cog in the industrial, environmental, and health sectors. Its balanced approach of organic growth and targeted acquisitions ensures that the company remains agile while addressing a broad spectrum of market needs without overreliance on any single product line.

Conclusion

In summary, Hawkins Inc. represents a well-rounded and technically proficient entity in the specialty chemical and ingredients sector. With operations spanning industrial chemicals, water treatment, and health & nutrition, the company consistently delivers value through quality formulations, expansive distribution networks, and strategic market presence. Its operational discipline, commitment to customer-focused service, and clear dedication to technical excellence underscore its significance within the broader chemical supply chain.

Rhea-AI Summary
Hawkins, Inc. (Nasdaq: HWKN) will participate in the Gabelli Funds 15th annual specialty chemical symposium at the Yale Club in New York, NY on March 14, 2024. The event will cover key industry topics like pricing power, margin recovery, and global supply chain, offering attendees the chance to engage with management.
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Hawkins, Inc. (Nasdaq: HWKN) reported third quarter sales of $208.5 million, with a 20% increase in Water Treatment segment sales. The company achieved record third quarter gross profit of $42.2 million, a 16% increase, and a 39% rise in diluted earnings per share. They also added six Water Treatment locations and were named to Newsweek's 2024 list of America's Most Responsible Companies. However, overall revenue decreased by 5%, with Industrial segment sales down 19% and Health and Nutrition segment sales down 7%. Gross profit increased by 16%, but selling, general and administrative expenses rose by 13%. Adjusted EBITDA increased by 25%, and the effective income tax rate was 18%.
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Hawkins, Inc. (HWKN) declared a quarterly cash dividend of $0.16 per share, continuing its trend of consistent dividend payouts since 1985.
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Hawkins, Inc. (Nasdaq: HWKN) is set to release its fiscal 2024 third-quarter financial results on January 31, 2024, after the market closes. The announcement is expected to be made at around 4:10 p.m. Eastern Time.
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Hawkins, Inc. announces strong second-quarter results with sales of $236.5 million, a 17% increase in Water Treatment group sales, and record quarterly gross profit of $53.9 million. Diluted EPS for the quarter is $1.10, a 28% increase from the previous year. The company also reduced its debt to $60.0 million and added six Water Treatment locations through acquisitions.
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Hawkins, Inc. (Nasdaq: HWKN) has declared a quarterly cash dividend of $0.16 per share payable on December 1, 2023. Shareholders of record on November 17, 2023, will be eligible. Hawkins has been paying dividends since 1985.
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Hawkins, Inc. has completed the acquisition of Water Solutions Unlimited, Inc. and has entered into a definitive agreement to acquire the assets of The Miami Products & Chemical Company. The acquisition of Miami Products is expected to close within the coming weeks. The acquisitions are expected to grow Hawkins' Water Treatment footprint and increase annual proforma combined revenue to approximately $1 billion. The acquisitions will add over 90 employees to the Hawkins family and are expected to add $10 million in earnings before interest, taxes, depreciation, and amortization within three years.
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Hawkins, Inc. to release fiscal 2024 second quarter financial results
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Hawkins, Inc. to participate in Sidoti & Company's small cap virtual investor conference on September 21, 2023.
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trū Shrimp has appointed Hawkins, Inc. as the exclusive distributor of its trū Chitosan products in the US pharmaceutical and medical device industries. trū Chitosan is derived from the exoskeletons of trū Shrimp's production of consumer shrimp and meets the strict medical specifications of the US Pharmacopoeia. Hawkins will represent trū Chitosan to the medical industry, offering a precise Certificate of Origin critical to medical applications.
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FAQ

What is the current stock price of Hawkins (HWKN)?

The current stock price of Hawkins (HWKN) is $121.63 as of April 18, 2025.

What is the market cap of Hawkins (HWKN)?

The market cap of Hawkins (HWKN) is approximately 2.4B.

What are the primary business segments of Hawkins Inc.?

Hawkins Inc. operates in three key segments: Industrial Chemicals, Water Treatment, and Health & Nutrition ingredients. Each segment addresses distinct market needs through specialized product offerings.

How does Hawkins generate revenue?

Hawkins generates revenue through the manufacture, blending, formulation, and distribution of a wide range of chemicals and specialty ingredients, catering to industrial, water treatment, and health & nutrition sectors.

What types of chemical products does Hawkins supply?

The company supplies a diverse portfolio of products including private label industrial chemicals such as bleach and acids, water treatment chemicals and equipment, as well as specialty ingredients for food, beverage, and personal care industries.

How does Hawkins ensure high-quality service?

Hawkins emphasizes technical expertise, rigorous quality control, and a customer-centric approach. Its extensive network of facilities and strategic acquisitions allow it to deliver timely, high-quality chemical solutions tailored to client needs.

What makes Hawkins competitive in its industry?

Hawkins stands out due to its long-standing history, technical proficiency in chemical formulation, strategic growth via targeted acquisitions, and its ability to adapt quickly to shifting market demands while maintaining premium service standards.

How does the company support water treatment operations?

In its Water Treatment segment, Hawkins provides a range of chemicals and equipment designed for potable water processing, wastewater management, and industrial process water treatment, ensuring optimized outcomes for municipal and industrial clients.

What is the significance of strategic acquisitions for Hawkins?

The acquisition strategy is key to expanding its geographical reach and enhancing service capabilities in targeted markets. These acquisitions allow Hawkins to fill regional gaps and integrate local expertise, reinforcing its market presence.

Which industries rely on Hawkins chemicals?

Industries such as manufacturing, food and dairy production, municipal water treatment, and research laboratories rely on Hawkins for high-quality chemical solutions. The company’s diverse product range supports a wide array of industrial and technical applications.
Hawkins

Nasdaq:HWKN

HWKN Rankings

HWKN Stock Data

2.40B
19.29M
8.11%
72.68%
3.08%
Specialty Chemicals
Wholesale-chemicals & Allied Products
Link
United States
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