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Hawkins, Inc. Announces Milestone for its WaterSurplus NanoStack™ Membranes
Globenewswire· 2026-02-02 13:30
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]
Hawkins, Inc. Declares Quarterly Cash Dividend of $0.19 Per Share
Globenewswire· 2026-01-28 21:05
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]
HAWKINS, INC. TO RELEASE THIRD QUARTER FISCAL 2026 FINANCIAL RESULTS ON JANUARY 28, 2026
Globenewswire· 2026-01-14 13:30
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]
Hawkins, Inc. Expands in Texas with Acquisition of Redbird Chemical, Inc.
Globenewswire· 2025-12-03 13:44
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]
Hawkins, Inc. Declares Quarterly Cash Dividend of $0.19 Per Share
Globenewswire· 2025-10-29 20:05
Company Overview - Hawkins, Inc. is a leading water treatment and specialty ingredients company founded in 1938, headquartered in Roseville, Minnesota [2] - The company operates 64 facilities across 28 states and employs approximately 1,100 people [2] - In fiscal 2025, Hawkins, Inc. generated $974 million in revenue [2] Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.19 per share, payable on November 28, 2025 [1] - Shareholders of record will be those on the books at the close of business on November 14, 2025 [1] - Hawkins, Inc. has consistently paid dividends since 1985, indicating a stable financial history [1]
HAWKINS, INC. TO RELEASE SECOND QUARTER FISCAL 2026 FINANCIAL RESULTS ON OCTOBER 29, 2025
Globenewswire· 2025-10-15 12:30
Core Insights - Hawkins, Inc. is set to release its financial results for the fiscal 2026 second quarter on October 29, 2025, after market close [1] - The company generated $974 million in revenue for fiscal 2025 and employs approximately 1,100 people [2] Company Overview - Hawkins, Inc. was founded in 1938 and specializes in water treatment and specialty ingredients [2] - The company operates 64 facilities across 28 states, focusing on customer service, quality products, and personalized applications [2]
Hawkins, Inc. Recognized as One of America's Greatest Companies 2025 by Newsweek
Globenewswire· 2025-09-17 20:05
Core Insights - Hawkins, Inc. has been recognized as one of America's Greatest Companies 2025 by Newsweek, highlighting its commitment to excellence, innovation, and service [1] - The company has received multiple awards this year, reflecting its strong culture and dedication to its employees and communities [1][2] Company Overview - Hawkins, Inc. was founded in 1938 and specializes in water treatment and specialty ingredients, serving customers in Water Treatment, Food & Health Sciences, and Industrial Solutions [3] - The company is headquartered in Roseville, Minnesota, operates 64 facilities across 28 states, and generated $974 million in revenue for fiscal 2025 with approximately 1,100 employees [3] Awards and Recognition - The company is Great Place to Work® Certified, indicating its commitment to an inclusive and rewarding workplace [4] - It has been recognized as one of Newsweek® America's Most Responsible Companies, showcasing its leadership in sustainability and ethical business practices [4] - Hawkins was listed among the Minneapolis/St.Paul Business Journal® Fastest Growing Public Companies in Minnesota, reflecting strong year-over-year growth [4] - The company also made it to Fortune's Top Workplaces in Manufacturing and Production 2025, emphasizing its positive work environment [4]
Hawkins, Inc. Expands Water Treatment Footprint with Acquisition of StillWaters Technology, Inc.
Globenewswire· 2025-08-29 12:32
Company Overview - Hawkins, Inc. is a leading water treatment and specialty ingredients company founded in 1938, headquartered in Roseville, Minnesota, with 64 facilities across 28 states [3] - The company generated $974 million in revenue for fiscal 2025 and employs approximately 1,100 people [3] Acquisition Details - Hawkins, Inc. has completed the acquisition of StillWaters Technology, Inc., which distributes water treatment chemicals and equipment in Alabama [1] - This acquisition is part of Hawkins' strategy to expand its customer base in the southern U.S. and enhance its water treatment business [2] Strategic Intent - The CEO of Hawkins, Patrick H. Hawkins, emphasized that the acquisition will help build a larger customer base in Alabama and demonstrates the company's ability to execute its growth strategy [2] - Hawkins intends to maintain the strong community connections established by StillWaters, indicating a focus on local engagement and integration [3]
Hawkins, Inc. to Participate in Sidoti & Company's Small Cap Virtual Investor Conference
Globenewswire· 2025-08-27 12:30
Company Overview - Hawkins, Inc. is a leading water treatment and specialty ingredients company founded in 1938, headquartered in Roseville, Minnesota [4] - The company formulates, manufactures, distributes, and blends products for Water Treatment, Food & Health Sciences, and Industrial Solutions customers [4] - Hawkins, Inc. generated $974 million in revenue for fiscal 2025 and employs approximately 1,100 people [4] Upcoming Conference Participation - Patrick Hawkins, CEO, and Jeff Oldenkamp, CFO, will participate in Sidoti & Company's small cap virtual investor conference on September 17, 2025 [1] - The conference is attended by nearly 500 North American institutional investment firms interested in small-cap companies [2] - Hawkins management will be available for individual one-on-one virtual meetings during the conference [2]
Hawkins, Inc. Reports First Quarter Fiscal 2026 Results
Globenewswire· 2025-07-30 20:10
Core Insights - Hawkins, Inc. reported record revenue of $293 million for the first quarter of fiscal 2026, marking a 15% increase year-over-year, with all three reporting segments contributing to this growth [3][6][7] - The Water Treatment segment experienced significant growth, with a 28% increase in sales, driven by both acquired businesses and improved pricing [3][8] - The company successfully completed the acquisition of WaterSurplus, enhancing its capabilities in water treatment and positioning for future growth [3][6][19] Financial Performance - Net income for the first quarter was $29.2 million, or $1.40 per diluted share, compared to $28.9 million, or $1.38 per diluted share in the prior year [5][6] - Adjusted EBITDA increased by 13% to $57.6 million, with trailing twelve-month adjusted EBITDA exceeding $170 million [6][17] - Gross profit rose by 12% to $72.4 million, maintaining a gross margin of 25% [6][11] Segment Performance - Water Treatment segment sales increased by $32.4 million, or 28%, to $149.6 million [8][32] - Food & Health Sciences segment sales grew by $4.1 million, or 5%, to $89.2 million, with agricultural products driving the increase despite competitive pricing pressures [9][32] - Industrial Solutions segment sales saw a modest increase of $0.9 million, or 2%, to $54.5 million, primarily due to higher sales volumes [10][32] Expenses and Balance Sheet - Selling, general and administrative expenses rose by 24% to $31 million, largely due to costs associated with the WaterSurplus acquisition [15][32] - The company's leverage ratio at the end of the first quarter was 1.6x, reflecting a strong balance sheet despite increased debt from the acquisition [3][19] - Working capital increased by $22 million compared to the end of fiscal 2025, driven by higher inventories and receivables [19][27]