Hawkins Inc. Shares Surge 14% Following Record Second Quarter Earnings Beat
Hawkins Inc. (HWKN) shares rose approximately 13.6% on Tuesday after the diversified chemical company reported second-quarter fiscal 2027 results that significantly exceeded analyst expectations. Despite a broader slump in the global chemical industry, Hawkins achieved record revenue of nearly $314 million, representing a 12% year-over-year increase, and an earnings per share (EPS) of $1.34, up 23%. The company's growth was driven by higher volumes across its water treatment, industrial solutions, and food and health sciences segments. Beyond top-line performance, Hawkins demonstrated strong capital management by retiring $15 million in debt and repurchasing $12 million of its own stock during the quarter. While the stock's rapid ascent has raised valuation concerns, the company's ability to outperform peers suggests a resilient business model.
Tickers: $HWKN
Topics: chemical industry earnings beat EPS growth revenue growth
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