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 been certified as a Great Place to Work for the third consecutive year, reflecting its commitment to employee satisfaction. This certification, awarded by Great Place to Work, considers over 60 elements of job experience. CEO Patrick Hawkins emphasized the company’s dedication to its employees, noting that 87% believe customers would rate their service as 'excellent,' and 85% feel welcomed upon joining. This recognition is aligned with research indicating that certified workplaces see higher employee morale and retention. Hawkins, founded in 1938, generated $775 million in revenue in fiscal 2022.
Hawkins, Inc. (Nasdaq: HWKN) reported strong Q3 results for fiscal 2023, with sales reaching $219.2 million, a 17% year-over-year increase, driven by a 38% rise in the Water Treatment segment. Gross profit rose 7% to $36.3 million, supporting an operating income of $15.3 million, also up 7%. The diluted EPS increased 6% to $0.51, contributing to a year-to-date EPS of $2.31, a 19% increase. Adjusted EBITDA grew 10% to $23.8 million. Despite rising material costs impacting profits, Hawkins remains optimistic about cash flow and debt reduction plans. Their trailing twelve-month revenue now stands at $930 million.
On February 1, 2023, Hawkins, Inc. (Nasdaq: HWKN) announced a 7% increase in its quarterly cash dividend, raising it to $0.15 per share. This dividend will be payable on March 3, 2023, to shareholders on record as of February 17, 2023. Hawkins has a strong history of consistent dividend payments since 1985.
Hawkins, Inc., founded in 1938, is a leading specialty chemical and ingredients company, generating $775 million in revenue in fiscal 2022. The company operates 51 facilities across 25 states and employs approximately 800 individuals.
Hawkins, Inc. (Nasdaq: HWKN) announced it will release its fiscal 2023 third-quarter financial results on February 1, 2023, after the market closes. The announcement highlights the company's ongoing operations in specialty chemicals and ingredients across various sectors, including Industrial, Water Treatment, and Health & Nutrition. In fiscal 2022, Hawkins generated $775 million in revenue and operates 51 facilities across 25 states, employing approximately 800 people. The forthcoming earnings report is anticipated to provide insight into the company's financial performance and future outlook.
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