Overview

* Hawkins fiscal Q1 revenue grows 15%, beating analyst expectations, per LSEG data

* Water Treatment segment revenue up 28%, driven by WaterSurplus acquisition

* Co closed strategic acquisition of WaterSurplus, enhancing water treatment capabilities

Outlook

* Hawkins expects all segments to grow profitability in fiscal 2026

* Company maintains strong balance sheet and leverage ratio

Result Drivers

* WATER TREATMENT GROWTH - Segment revenue increased 28% due to WaterSurplus acquisition and improved pricing

* ACQUISITION IMPACT - WaterSurplus acquisition added $29 mln to sales, enhancing segment capabilities

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Sales Beat $293.27 $278.80

mln mln (3

Analysts

)

Q1 EPS $1.4

Q1 Net $29.18

Income mln

Q1 Beat $57.65 $54 mln

Adjusted mln (3

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the diversified chemicals peer group is "buy"

* Wall Street's median 12-month price target for Hawkins Inc ( HWKN ) is $154.00, about 4.3% below its July 29 closing price of $160.63

* The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)