Hawkins Stock Price, News & Analysis

Hawkins, Inc. (Nasdaq: HWKN) announced the acquisition of assets from C & L Aqua Professionals, Inc. and LC Blending, Inc. to enhance its Water Treatment Group's reach into Louisiana. This strategic move aims to bolster geographic presence and leverage Hawkins' broader product offerings for existing customers. CEO Patrick H. Hawkins expressed excitement about the cultural fit and service focus of the acquired companies. Steve Belshe, the President of C & L Aqua, will remain involved, indicating continuity in operations and customer relations.

Hawkins, Inc. (HWKN) announced the retirement of John S. McKeon from its Board of Directors, effective December 31, 2020. McKeon, a board member since 1984 and Chair since 2005, has significantly contributed to the company’s growth. CEO Patrick H. Hawkins acknowledged McKeon’s dedicated service, highlighting the company's solid position for continued growth. Following McKeon's departure, James T. Thompson, currently the Vice Chair, will take over as Chair. Hawkins, Inc. is known for distributing and manufacturing chemicals across various industries with 44 facilities in 20 states.

The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN) declared a quarterly cash dividend of $0.2325 per share, payable on November 20, 2020, to shareholders of record as of November 6, 2020. Hawkins has a strong track record of dividend payments, having consistently distributed dividends since 1985. The company, headquartered in Roseville, Minnesota, specializes in distributing, blending, and manufacturing chemicals across various industries, operating 44 facilities in 20 states.

Hawkins, Inc. (HWKN) reported strong fiscal Q2 2021 results, achieving a record operating income of $16.6 million, up 26% year-over-year, with total sales of $147.8 million, a 6% increase. The Health and Nutrition segment led growth with a 42% rise in sales to $37.1 million. Diluted EPS reached $1.15, a 32% increase from $0.87 a year ago. Operating cash flow was also a record at $18.6 million. Despite challenges in the Industrial segment, where sales declined by 10%, the company anticipates continued improvement in the second half of the fiscal year.

The Board of Directors of Hawkins, Inc. (HWKN) declared a quarterly cash dividend of $0.2325 per share, payable on August 28, 2020, to shareholders on record as of August 14, 2020. This announcement underscores Hawkins' commitment to returning value to its investors, having consistently paid dividends since 1985. The company operates 44 facilities across 20 states, focusing on the distribution, blending, and manufacturing of chemicals and specialty ingredients for diverse industries.

Hawkins, Inc. (HWKN) reported strong financial results for Q1 fiscal 2021, despite a 3% decline in total sales to $143.2 million. Operating income reached a record $15.9 million, a 14% increase from the previous year, while net income grew by 20% to $11.8 million. The company noted mixed performance across segments due to COVID-19, with a significant 11% growth in the Health and Nutrition segment. Hawkins also completed the acquisition of American Development Corporation, expected to enhance its Water Treatment operations. Diluted EPS increased by 21% to $1.11.

Hawkins, Inc. (HWKN) reported its fourth quarter and full-year results for the fiscal year ending March 29, 2020. The company achieved record diluted EPS of $2.66, a 17% increase from fiscal 2019, with net income rising to $28.4 million, up 16% year-over-year. Full-year sales totaled $540.2 million, a 3% decline, despite a 7% growth in the Water Treatment segment. Operating income reached $41.7 million, a 13% increase. The pandemic has presented mixed impacts on sales, heightening demand for certain products while decreasing sales in others, prompting cautious capital expenditures ahead.

The Board of Directors of Hawkins, Inc. (HWKN) declared a quarterly cash dividend of $0.2325 per share, payable on June 19, 2020. Shareholders of record as of June 5, 2020 will receive this dividend. Hawkins has a strong history of dividend payments since 1985. The company, headquartered in Roseville, Minnesota, specializes in the distribution, blending, and manufacturing of chemicals and specialty ingredients across various industries, operating 43 facilities in 20 states to enhance customer service and product quality.