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Hawkins Inc - HWKN STOCK NEWS

Welcome to our dedicated news page for Hawkins (Ticker: HWKN), a resource for investors and traders seeking the latest updates and insights on Hawkins.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hawkins's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hawkins's position in the market.

Rhea-AI Summary
Hawkins, Inc. (Nasdaq: HWKN) has acquired Industrial Research Corporation, expanding its water treatment business into northern Louisiana, east Texas, and southern Arkansas. The acquisition aims to fill a geographical gap and drive growth in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.27%
Tags
acquisition
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Rhea-AI Summary
Hawkins, Inc. (HWKN) will participate in Sidoti & Company’s small cap virtual investor conference on March 13, 2024, attended by 500 North American institutional investment firms. Hawkins management will have one-on-one virtual meetings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
conferences
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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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
conferences
Rhea-AI Summary
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%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.59%
Tags
earnings
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Rhea-AI Summary
Hawkins, Inc. (HWKN) declared a quarterly cash dividend of $0.16 per share, continuing its trend of consistent dividend payouts since 1985.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.59%
Tags
dividends
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
earnings
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.03%
Tags
earnings
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.03%
Tags
dividends
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
Tags
acquisition
Rhea-AI Summary
Hawkins, Inc. to release fiscal 2024 second quarter financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
Tags
earnings
Hawkins Inc

Nasdaq:HWKN

HWKN Rankings

HWKN Stock Data

1.61B
19.12M
8.29%
66.97%
2.97%
Pesticide and Other Agricultural Chemical Manufacturing
Manufacturing
Link
US
Roseville

About HWKN

hawkins is a formulator, manufacturer, blender, distributor, and sales agent for thousands of industrial chemicals and reagent grade laboratory chemicals sold to municipalities and businesses throughout the central united states. thousands of water treatment facilities, manufacturers, food and dairy producers, research labs and many other organizations depend on hawkins for the chemical products they need. these products range from potassium carbonate to chlorine to fcc grade citrates and phosphates. our mission to exceed our customers'​ expectations as a high-quality, service-oriented chemical supplier. we will adapt quickly to the changing chemical needs of customers with a keen focus on technical expertise, teamwork, safety, profitability, and responsible care of the environment and of our community.