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.
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Hawkins, Inc. (HWKN) reported outstanding second-quarter results for fiscal 2023, achieving record metrics across sales, gross profit, operating income, and EPS. Sales reached $241.2 million, marking a 32% year-over-year increase, while gross profit rose 24% to $46.4 million. Operating income grew by 35% to $26.5 million, and EPS increased by 28% to $0.86. Adjusted EBITDA hit $34.0 million, up 28%. However, rising material costs led to a $5.3 million LIFO charge. Despite a strong performance across sectors, the company anticipates flat EPS in Q3 due to additional cost pressures and supply chain challenges.
The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN) declared a quarterly cash dividend of $0.14 per share, payable on December 2, 2022. Shareholders of record as of November 18, 2022, will receive this dividend. Hawkins has maintained a consistent dividend payout since 1985. The company, founded in 1938, reported $775 million in revenue for fiscal 2022 and operates 51 facilities across 25 states.
Hawkins, Inc. (Nasdaq: HWKN) plans to release its fiscal 2023 second quarter financial results on November 2, 2022, at approximately 4:10 p.m. Eastern Time. The company generated $775 million in revenue for fiscal 2022 and operates 51 facilities across 25 states. Founded in 1938, Hawkins specializes in chemicals and ingredients, serving Industrial, Water Treatment, and Health & Nutrition sectors. For updates, visit Hawkins Investor Relations.
Hawkins, Inc. (Nasdaq: HWKN) has announced the expansion of its Water Treatment Group into Delaware, bringing the total to 39 facilities across 23 states. This strategic extension follows aggressive growth initiatives, including acquisitions and new locations, resulting in a 34% revenue increase for the water treatment group in fiscal 2022. The company also achieved a 15% compounded annual growth rate over the past three years. CEO Patrick H. Hawkins emphasized plans for continued profitable growth through both organic methods and further acquisitions.
Hawkins, Inc. (Nasdaq: HWKN) announced that its CEO, Patrick Hawkins, and CFO, Jeff Oldenkamp, will participate in the Sidoti & Company small-cap virtual investor conference on September 22, 2022. This event, attended by nearly 500 North American institutional investment firms, focuses on small-cap companies. Hawkins management will also be available for individual one-on-one meetings on the same day. Hawkins, founded in 1938, specializes in chemicals and ingredients, generating $775 million in revenue in fiscal 2022, with around 800 employees across 49 facilities in 24 states.
Hawkins, Inc. (HWKN) reported its fiscal Q1 2023 results with record sales of $246.5 million, a 36% increase year-over-year. Gross profit reached $46.7 million, up 20%, while operating income rose to $27.9 million, a 26% increase. Diluted EPS was $0.94, reflecting a 19% improvement compared to the prior year. Adjusted EBITDA also increased to $34.3 million, an 18% gain. Despite strong performance, rising raw material costs impacted gross margins, leading to a $3.8 million LIFO expense charge. The company completed a facility expansion in Centralia, increasing production capacity by 50% for growth in food ingredients.
The Board of Directors of Hawkins, Inc. (HWKN) announced a quarterly cash dividend of $0.14 per share, payable on September 2, 2022, to shareholders on record by the close of business on August 19, 2022. Hawkins, which has consistently paid dividends since 1985, reported $775 million in revenue for fiscal 2022 and operates 49 facilities across 24 states. The company is a leading specialty chemical and ingredients provider serving various industries.
Hawkins, Inc. (Nasdaq: HWKN), a premier specialty chemical company, will participate in the Seaport Research Partners' 11th Annual Summer Investor Conference on August 23-24, 2022. CEO Patrick Hawkins will represent the company during the event, which is expected to attract over 300 institutional investors. The conference will be held virtually, allowing for one-on-one and small group meetings. Hawkins, Inc. generated $775 million in revenue in fiscal 2022 and operates 49 facilities across 24 states.
Hawkins, Inc. (Nasdaq: HWKN) will announce its fiscal 2023 first quarter financial results on August 4, 2022, at 4:10 p.m. Eastern Time. The company, founded in 1938, specializes in chemical and ingredient manufacturing and generated approximately $775 million in revenue for fiscal 2022. Hawkins operates 49 facilities across 24 states, focusing on Industrial, Water Treatment, and Health & Nutrition sectors.