Earnings Releases·Oct 26, 2026, 4:13 PM ET

Hawkins, Inc. — Second Quarter Fiscal 2027 Earnings Summary

Reported record Q2 revenue of $313.8 million (+12% YoY) and diluted EPS of $1.34 (+23% YoY), driven by strong growth across all three segments: Water Treatment (+16%), Industrial Solutions (+10%), and Food & Health Sciences (+5%).
Adjusted EBITDA reached a record $59.1 million (+16% YoY) with a leverage ratio of 1.22x; management expects second-half trends to align with the first half, though SG&A will lack the $6.2 million non-recurring reduction seen in the prior year period.
Executed significant capital return and M&A activity, including the acquisition of Dave Symonds & Associates and Eagle Labs, repurchase of $18.6 million in stock, $15.0 million in debt paydown, and a declared quarterly dividend of $0.20 per share.
Gross margins remained stable at 24% for the quarter despite headwinds from a $1.9 million LIFO reserve increase and higher fuel costs, while full-year effective tax rate guidance remains 25% to 27%.