Core Insights - Hawkins, Inc. will participate in the Raymond James & Associates' 47th Annual Institutional Investors Conference on March 3 and 4, 2026, in Orlando, Florida, with CEO Patrick Hawkins and CFO Jeff Oldenkamp attending [1][3]. Company Overview - Hawkins, Inc. is a leading water treatment and specialty ingredients company, founded in 1938, headquartered in Roseville, Minnesota, and operates 65 facilities across 28 states [4]. - The company generated $974 million in revenue for fiscal 2025 and employs approximately 1,100 people [4]. Conference Details - The Raymond James Institutional Investors Conference serves as a platform for portfolio managers to explore investment opportunities across various industries, with the 2025 conference attracting around 2,000 attendees from nearly 900 institutional investment firms [2]. - The 2026 conference will feature presentations from senior management teams of approximately 300 companies, providing insights into both the companies and their respective industry sectors [2].

Core Insights - Hawkins, Inc. has successfully completed a multi-year pilot test of WaterSurplus' NanoStack™ coated membranes at the Orange County Water District's Groundwater Replenishment System [1][2] Group 1: Technology and Implementation - Based on the pilot's success, OCWD will install 1,050 NanoStack™ coated membranes, which will treat approximately 5 million gallons of water per day for indirect potable reuse [2] - The NanoStack™ technology has shown significant improvements in fouling resistance, reducing clean-in-place requirements by over 50% and lowering reverse osmosis energy consumption by more than 15% [2] - The estimated payback period for the investment in NanoStack™ technology is less than two years due to the savings in energy costs, which are a major operating expense for advanced water treatment facilities [2] Group 2: Product Details - NanoStack™ is an NSF/ANSI/CAN 61-certified hydrophilic membrane surface modification that enhances the durability and performance of reverse osmosis membrane elements [3] - This advanced coating helps customers achieve more reliable long-term operation with lower lifecycle costs [3] Group 3: Company Overview - Hawkins, Inc. was founded in 1938 and specializes in water treatment and specialty ingredients, serving various sectors including Water Treatment, Food & Health Sciences, and Industrial Solutions [4] - The company is headquartered in Roseville, Minnesota, operates 65 facilities across 28 states, and generated $974 million in revenue for fiscal 2025 [4]

分组1 - Hawkins reported quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $0.75 per share, representing an earnings surprise of -3.36% [1] - The company posted revenues of $244.08 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 3.71%, compared to year-ago revenues of $226.21 million [2] - Over the last four quarters, Hawkins has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] 分组2 - The current consensus EPS estimate for the coming quarter is $0.78 on revenues of $264.47 million, and for the current fiscal year, it is $4.04 on revenues of $1.09 billion [7] - The Zacks Industry Rank for Chemical - Specialty is currently in the bottom 23% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Hawkins' stock performance [5]

Sales Performance - Sales for the three months ended December 28, 2025, were $244.1 million, an increase of $17.9 million, or 8%, compared to $226.2 million in the same period a year ago[74]. - Sales for the nine months ended December 28, 2025, were $817.8 million, an increase of $88.7 million, or 12%, from $729.1 million in the same period a year ago[88]. - Water Treatment segment sales increased by $20.7 million, or 21%, to $120.5 million for the three months ended December 28, 2025, driven by approximately $19 million from acquired businesses[75]. - Water Treatment segment sales for the nine months ended December 28, 2025, increased by $79.5 million, or 23%, to $421.0 million, with approximately $70 million from acquired businesses[89]. - Industrial Solutions segment sales increased by $11.3 million, or 7%, to $164.7 million for the nine months ended December 28, 2025[91]. - Food & Health Sciences segment sales decreased by $7.7 million, or 10%, to $70.0 million for the three months ended December 28, 2025, primarily due to decreased volumes[76]. Profitability - Gross profit for the three months ended December 28, 2025, increased by $2.4 million, or 5%, to $50.8 million, representing 21% of sales[79]. - Gross profit increased by $17.5 million, or 10%, to $190.8 million, representing 23% of sales for the nine months ended December 28, 2025[92]. - Water Treatment segment gross profit rose by $19.6 million, or 20%, to $116.6 million, maintaining 28% of sales for the same period[93]. - Food & Health Sciences segment gross profit decreased by $3.6 million, or 7%, to $48.7 million, accounting for 21% of sales[94]. - Operating income for the three months ended December 28, 2025, increased by $1.5 million, or 7%, to $22.6 million, or 9% of sales[84]. - Operating income increased by $3.2 million, or 3%, to $97.8 million, which is 12% of sales[97]. Expenses and Interest - SG&A expenses increased by $14.3 million, or 18%, to $93.0 million, representing 11% of sales[96]. - Interest expense increased to $3.4 million for the three months ended December 28, 2025, compared to $1.2 million in the same period a year ago, due to increased borrowings[85]. - Interest expense rose by $6.6 million to $10.5 million due to increased borrowings for the acquisition of WaterSurplus[98]. Cash Flow - Cash provided by operating activities was $106.6 million, up from $80.3 million in the same period last year[102]. - Cash used in investing activities was $204.6 million, including $167.1 million for acquisitions, primarily WaterSurplus[103]. - Cash provided by financing activities was $101.1 million, with net debt borrowings of $115.0 million[104]. - The effective interest rate on borrowings was 4.8% as of December 28, 2025[109]. Segment Reporting - The company realigned its reporting segments to Water Treatment, Food & Health Sciences, and Industrial Solutions to better reflect its operations[69].

Core Insights - Hawkins, Inc. reported record results in revenue, gross profit, operating income, and Adjusted EBITDA for the third quarter of fiscal 2026, driven by acquisition activity in the Water Treatment segment and improvements in the Industrial Solutions segment [3][5]. Financial Performance - Revenue for the third quarter reached $244.1 million, an increase of 8% from $226.2 million in the same period last year, with Water Treatment segment growth of 21% and Industrial Solutions segment growth of 10% [5][7]. - Gross profit increased by 5% to $50.8 million, maintaining a gross margin of 21% [5][11]. - Adjusted EBITDA was $34.8 million, a 3% increase from the previous year, with a trailing 12-month Adjusted EBITDA of $179 million [5][17]. Earnings and Expenses - Diluted earnings per share (EPS) were $0.69, a decrease of 4% due to increased amortization and interest expenses related to acquisitions [5][6]. - Selling, general, and administrative (SG&A) expenses rose by 3% to $28.3 million, accounting for 12% of sales, influenced by costs from acquired businesses [15]. Segment Performance - The Water Treatment segment reported sales of $120.5 million, up 21% from $99.8 million, attributed to $19 million from acquired businesses and improved pricing [8]. - The Food & Health Sciences segment saw a decline in sales by 10% to $70.0 million, primarily due to decreased sales volumes [9]. - The Industrial Solutions segment's sales increased by 10% to $53.6 million, driven by higher sales of manufactured products [10]. Cash Flow and Debt Management - Operating cash flow for the quarter was $35 million, with $15 million used to pay down debt, resulting in a leverage ratio of 1.47x Adjusted EBITDA [5][19]. - Total debt outstanding at the end of the quarter was $264 million, reflecting a strategic focus on reducing leverage [19]. Future Outlook - The company anticipates continued pricing pressures in the Food and Health Sciences segment but expects to return to historical organic revenue growth rates in fiscal 2027 [3].

Published: January 2026 1 FISCAL 2026 Q3 INVESTOR PRESENTATION FORWARD-LOOKING STATEMENTS © 2026 Hawkins, Inc. The information contained in this presentation includes "forward-looking statements" which reflect management's expectations or beliefs as of the date of this presentation. Hawkins, Inc. cautions that actual future results could differ materially from the forward-looking statements in this presentation. Actual results may be affected by many important factors including risks and uncertainties ident ...

Company Overview - Hawkins, Inc. is a leading water treatment and specialty ingredients company founded in 1938, headquartered in Roseville, Minnesota [2] - The company operates 65 facilities across 28 states and employs approximately 1,100 people [2] - In fiscal 2025, Hawkins, Inc. generated $974 million in revenue [2] Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.19 per share, payable on February 27, 2026 [1] - Shareholders of record will be those on the books at the close of business on February 13, 2026 [1] - Hawkins, Inc. has consistently paid dividends since 1985, indicating a long-standing commitment to returning value to shareholders [1]

Core Insights - Five years ago, an investment of $1,000 in Hawkins Inc (NASDAQ: HWKN) would have grown to $5,840 today, indicating a significant return on investment [1] Company Performance - Hawkins Inc has demonstrated strong performance over the past five years, outperforming many tech stocks and meme stocks that were popular among investors during the same period [1]

Core Viewpoint - Hawkins, Inc. is set to release its financial results for the fiscal 2026 third quarter on January 28, 2026, after market close [1] Company Overview - Hawkins, Inc. was founded in 1938 and is a prominent company in water treatment and specialty ingredients, serving various sectors including Water Treatment, Food & Health Sciences, and Industrial Solutions [2] - The company is headquartered in Roseville, Minnesota, and operates 65 facilities across 28 states [2] - In fiscal 2025, Hawkins, Inc. generated $974 million in revenue and employs approximately 1,100 individuals [2]

Core Insights - Hawkins, Inc. has completed the acquisition of Redbird Chemical, enhancing its presence in the Texas market and expanding its Water Treatment business [1][2] Company Overview - Hawkins, Inc. is a leading water treatment and specialty ingredients company, founded in 1938, with a revenue of $974 million in fiscal 2025 and approximately 1,100 employees [3] - The company operates 65 facilities across 28 states, focusing on customer service, quality products, and personalized applications [3] Acquisition Details - The acquisition of Redbird Chemical is viewed as a strategic move to leverage growth opportunities in Texas, particularly within the industrial sector [2] - Hawkins CEO, Patrick H. Hawkins, emphasized the importance of maintaining Redbird's local community connections post-acquisition [3]