ROSEVILLE, Minn., July 31, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN), at its meeting on July 31, 2024, increased its quarterly cash dividend by 13% to $0.18 per share, payable August 30, 2024, to shareholders of record at the close of business on August 16, 2024. Hawkins has consistently paid out a dividend since 1985. About Hawkins, Inc. Hawkins, Inc. was founded in 1938 and is a leading specialty chemical and ingredients company that formulates, distributes, blends, a ...

About Hawkins, Inc. Hawkins, Inc. was founded in 1938 and is a leading specialty chemical and ingredients company that formulates, distributes, blends, and manufactures products for its Industrial, Water Treatment, and Health & Nutrition customers. Headquartered in Roseville, Minnesota, the Company has 60 facilities in 27 states and creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated $919 million of revenue in f ...

About Hawkins, Inc. Hawkins, Inc. was founded in 1938 and is a leading specialty chemical and ingredients company that formulates, distributes, blends, and manufactures products for its Industrial, Water Treatment, and Health & Nutrition customers. Headquartered in Roseville, Minnesota, the Company has 60 facilities in 27 states and creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated $919 million of revenue in f ...

ROSEVILLE, Minn., July 15, 2024 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN), announced today that it has again been certified as a Great Place to Work. Great Place to Work is an independent research and consulting firm, and its certification process considers more than 60 elements of overall job experience. Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue and increased innovation. This certificat ...

ROSEVILLE, Minn., July 15, 2024 (GLOBE NEWSWIRE) -- Hawkins, Inc. (NASDAQ:HWKN), announced today that it has again been certified as a Great Place to Work. Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue and increased innovation. This certification is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-t ...

Investment Thesis 6.00 5.00 More Value 4.27 4.00 3.00 Less Value 2.06 2.00 2.00 1.33 1.11 1.08 1.00 0.00 Why HWKN is a high-quality business · HWKN is earning more on the growth + legacy capital that's been put into the business + invested since FY'21 - ROICs are +350bps to 15.5% in FY'24 as 1) NOPAT margins have expanded ~120bps, and 2) capital turns remained at ~1.7x. Specifically, its FY 23-24 acquisitions - EcoTech, Water Solutions Unlimited, Miami Products & Chemical + Industrial Research Corp - have a ...

Group 1: Acquisition and Strategic Expansion - The acquisition of Wofford Water Service enhances Hawkins' presence in the southern U.S., particularly in Mississippi, where its Water Treatment business has been limited [1] - This strategic move aligns with Hawkins' efforts to expand its water treatment division and accelerate growth in the southern market [1] - Hawkins aims to maintain the strong community ties established by Wofford Water Service [1] Group 2: Financial Performance - Hawkins reported earnings of 66 cents per share for Q4 fiscal 2024, an increase from 55 cents in the previous year, but below the Zacks Consensus Estimate of 68 cents [3] - The company generated revenues of $223 million in the same quarter, a 2% year-over-year decline, yet exceeding the Zacks Consensus Estimate of $217.5 million [3] - The decline in the Industrial segment offset higher sales in the Water Treatment unit [3] Group 3: Future Outlook - Hawkins anticipates consistent top- and bottom-line growth in fiscal 2025, with revenues approaching $1 billion [4] - The Water Treatment segment is expected to become the largest reporting unit for the company [4] - While the company is cautiously optimistic about the Industrial segment, it acknowledges ongoing economic and competitive pressures affecting customer demand [4] Group 4: Stock Performance - Hawkins' stock has surged 96.1% over the past year, contrasting with a 13.6% decline in the industry [2]

About Hawkins, Inc. Mr. Hawkins continued, "Wofford Water Service has built a strong business that is well-connected with the local community, and we intend to maintain those connections. I would like to welcome the Wofford Water Service team to the Hawkins organization and look forward to our continued growth together." ROSEVILLE, Minn., July 01, 2024 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, has completed the acquisition of Wofford Water Servic ...

ROSEVILLE, Minn., July 01, 2024 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, has completed the acquisition of Wofford Water Service, Inc. ("Wofford Water Service"). Wofford Water Service distributes water treatment chemicals and equipment for its customers mainly in Mississippi. "The acquisition of Wofford Water Service helps build out our southern U.S. Expansion, by giving us a larger customer base in Mississippi, where we do limited business today ...

Hawkins, Inc. (HWKN) has completed the acquisition of the assets of Intercoastal Trading, Inc. and its affiliates. Intercoastal Trading supplies water treatment chemicals and equipment to customers in Maryland, Delaware and Virginia. Hawkins continues to expand its water treatment business. Intercoastal Trading will speed its expansion in the heavily populated East Coast with its location within 200 miles of major population centers. Hawkins anticipates that the purchase of Intercostal Trading will be accre ...