STOCK TITAN

Hawkins (HWKN) Stock News, Apr-Aug 2022

HWKN Nasdaq

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. reports developments across a water treatment and specialty ingredients business that formulates, manufactures, distributes, and blends products for Water Treatment, Food & Health Sciences, and Industrial Solutions customers. News commonly covers segment financial results, quarterly dividend declarations, completed tuck-in acquisitions, and expansion of water treatment product and service offerings.

The company’s updates also include technology and subsidiary developments, including WaterSurplus and its NanoStack coated membranes for reverse osmosis applications. Recurring coverage links Hawkins’ operating performance to water treatment demand, chemical distribution, specialty ingredients, acquisition integration, and capital allocation through debt repayment, business investment, and dividends.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
conferences
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3%
Tags
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3%
Tags
dividends
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.77%
Tags
conferences
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
-
Rhea-AI Summary

Hawkins, Inc. (Nasdaq: HWKN) reported record fourth-quarter and full-year results for fiscal 2022, with quarterly sales of $223 million, a 37% year-over-year increase. The company achieved a gross profit of $36.3 million, reflecting a 14% increase, and diluted EPS of $0.50, up 16% from last year. For the full year, Hawkins generated annual sales of $774.5 million, an 18% gross profit increase, and diluted EPS of $2.44. The firm completed three acquisitions in the year and issued a second ESG report, aiming for carbon neutrality by 2040.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7%
Tags
Rhea-AI Summary

The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN) declared a quarterly cash dividend of $0.14 per share, payable on June 17, 2022, to shareholders of record at the close of business on June 3, 2022. Hawkins has maintained a consistent dividend payout since 1985. The company, based in Roseville, Minnesota, generated $775 million in revenue for fiscal 2022 and operates 49 facilities across 24 states, focusing on specialty chemicals and ingredients for various industries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7%
Tags
dividends
-
Rhea-AI Summary

Hawkins, a specialty chemical and ingredients company, will participate in the 3rd Annual Loop Capital Markets Investor Conference on June 1-2, 2022. The first day will feature virtual meetings, while the second day will include in-person meetings at the Westin New York Times Square. Investors interested in one-on-one meetings with management can contact Loop Capital Markets or Hawkins Investor Relations. Founded in 1938 and headquartered in Roseville, Minnesota, Hawkins generated $597 million in revenue in fiscal 2021 and employs around 750 people.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.88%
Tags
conferences
-
Rhea-AI Summary

Hawkins, Inc. (Nasdaq: HWKN) will announce its financial results for the fourth quarter and fiscal year ending April 3, 2022, on May 18, 2022, after market hours at around 4:10 p.m. Eastern Time. Hawkins specializes in formulating, distributing, blending, and manufacturing specialty chemical products across various sectors, including Industrial, Water Treatment, and Health & Nutrition. The company reported revenues of $597 million for fiscal 2021 and operates 49 facilities in 24 states, employing approximately 750 individuals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.99%
Tags
Rhea-AI Summary

Hawkins, Inc. (Nasdaq: HWKN) has been certified as a Great Place to Work™ for the second consecutive year. This certification is based on employee feedback, with 82% of employees expressing satisfaction compared to 59% in typical U.S. companies. Additionally, 90% of employees believe customers would rate their service as 'excellent.' CEO Patrick Hawkins emphasized the company's commitment to employee welfare, stating that satisfied employees lead to better customer care. Great Place to Work™ is recognized globally for workplace culture and employee experience.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
none

FAQ

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

The current stock price of Hawkins (HWKN) is $126.62 as of September 25, 2026.

What is the market cap of Hawkins (HWKN)?

The market cap of Hawkins (HWKN) is approximately 2.6B.