| Minnesota | 0-7647 | 41-0771293 | ||||||||||||
| (State of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| 2381 Rosegate, | Roseville, | Minnesota | 55113 | |||||||||||
| (Address of Principal Executive Offices) | (Zip Code) | |||||||||||||
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
||||||
Common Stock, par value $.01 per share |
HWKN |
The Nasdaq Stock Market LLC |
||||||
| Exhibit No. | Description | Method of Filing | ||||||||||||
| Hawkins, Inc. Historical Financial Information Aligned to New Reporting Segments | Furnished Electronically | |||||||||||||
| 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) | |||||||||||||
| HAWKINS, INC. | ||||||||||||||
| Date: August 8, 2025 | By: | /s/ Jeffrey P. Oldenkamp | ||||||||||||
| Jeffrey P. Oldenkamp | ||||||||||||||
| Executive Vice President and Chief Financial Officer | ||||||||||||||
FORMER STRUCTURE |
NEW STRUCTURE |
||||||||||||||||||||||||||||
|
Water
Treatment
|
Industrial
|
Health &
Nutrition
|
Total
|
Water
Treatment
|
Food & Health Sciences |
Industrial
Solutions
|
Total
|
||||||||||||||||||||||
Fiscal 2025 |
|||||||||||||||||||||||||||||
| Sales | $446,489 |
$382,487 |
$145,455 |
$974,431 |
$446,489 |
$322,560 |
$205,382 |
$974,431 |
|||||||||||||||||||||
Gross Profit |
121,609 |
72,601 |
31,328 |
225,538 |
121,833 |
71,918 |
31,787 |
225,538 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
61,993 |
27,540 |
16,831 |
106,364 |
62,100 |
30,787 |
13,477 |
106,364 |
|||||||||||||||||||||
Operating Income |
$59,616 |
$45,061 |
$14,497 |
$119,174 |
$59,733 |
$41,131 |
$18,310 |
$119,174 |
|||||||||||||||||||||
Fiscal 2024 |
|||||||||||||||||||||||||||||
| Sales | $363,289 |
$409,465 |
$146,408 |
$919,162 |
$363,289 |
$334,558 |
$221,315 |
$919,162 |
|||||||||||||||||||||
Gross Profit |
98,498 |
67,545 |
27,593 |
193,636 |
99,051 |
67,572 |
27,013 |
193,636 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
45,286 |
28,316 |
15,998 |
89,600 |
46,239 |
30,618 |
12,743 |
89,600 |
|||||||||||||||||||||
Operating Income |
$53,212 |
$39,229 |
$11,595 |
$104,036 |
$52,812 |
$36,954 |
$14,270 |
$104,036 |
|||||||||||||||||||||
FORMER STRUCTURE |
NEW STRUCTURE |
||||||||||||||||||||||||||||
|
Water
Treatment
|
Industrial
|
Health &
Nutrition
|
Total
|
Water
Treatment
|
Food & Health Sciences |
Industrial
Solutions
|
Total
|
||||||||||||||||||||||
Fiscal 2023 |
|||||||||||||||||||||||||||||
| Sales | $304,925 | $470,760 | $159,413 |
$935,098 |
$304,925 |
$351,382 |
$278,791 |
$935,098 |
|||||||||||||||||||||
Gross Profit |
67,208 | 68,115 | 29,796 | 165,119 | 68,294 | 65,428 | 31,397 | 165,119 | |||||||||||||||||||||
Selling, General & Administrative Expenses |
35,734 | 25,703 | 15,532 | 76,969 | 37,584 | 27,384 | 12,001 | 76,969 | |||||||||||||||||||||
Operating Income |
$31,474 |
$42,412 |
$14,264 |
$88,150 |
$30,710 |
$38,044 |
$19,396 |
$88,150 |
|||||||||||||||||||||
Fiscal 2022 |
|||||||||||||||||||||||||||||
| Sales | $228,133 |
$386,938 |
$159,470 |
$774,541 |
$228,133 |
$327,182 |
$219,226 |
$774,541 |
|||||||||||||||||||||
Gross Profit |
54,571 | 59,606 | 32,343 | 146,520 | 55,182 | 60,846 | 30,492 | 146,520 | |||||||||||||||||||||
Selling, General & Administrative Expenses |
31,357 | 28,127 | 15,842 | 75,326 | 32,277 | 27,783 | 15,266 | 75,326 | |||||||||||||||||||||
Operating Income |
$23,214 |
$31,479 |
$16,501 |
$71,194 |
$22,905 |
$33,063 |
$15,226 |
$71,194 |
|||||||||||||||||||||
FORMER STRUCTURE |
NEW STRUCTURE |
||||||||||||||||||||||||||||
|
Water
Treatment
|
Industrial
|
Health &
Nutrition
|
Total
|
Water
Treatment
|
Food & Health Sciences |
Industrial
Solutions
|
Total
|
||||||||||||||||||||||
Fiscal 2021 |
|||||||||||||||||||||||||||||
| Sales | $170,004 |
$273,361 |
$153,506 |
$596,871 |
$170,004 |
$272,971 |
$153,896 |
$596,871 |
|||||||||||||||||||||
Gross Profit |
46,793 |
43,337 |
33,632 |
123,762 |
46,500 |
55,881 |
21,381 |
123,762 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
24,453 | 27,033 | 16,398 | 67,884 | 25,033 | 28,842 | 14,009 | 67,884 | |||||||||||||||||||||
Operating Income |
$22,340 |
$16,304 |
$17,234 |
$55,878 |
$21,467 |
$27,039 |
$7,372 |
$55,878 |
|||||||||||||||||||||
FORMER STRUCTURE |
NEW STRUCTURE |
||||||||||||||||||||||||||||
FISCAL 2025 |
Water Treatment |
Industrial
|
Health & Nutrition |
Total
|
Water Treatment |
Food & Health Sciences |
Industrial Solutions |
Total
|
|||||||||||||||||||||
| Q1 | |||||||||||||||||||||||||||||
| Sales | $117,176 |
$103,202 |
$35,501 |
$255,879 |
$117,176 |
$85,093 |
$53,610 |
$255,879 |
|||||||||||||||||||||
Gross Profit |
34,955 |
21,876 |
7,824 |
64,655 |
35,208 |
19,903 |
9,544 |
64,655 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
14,166 | 6,639 | 4,059 | 24,864 | 14,079 | 7,365 | 3,420 | 24,864 | |||||||||||||||||||||
Operating Income |
$20,789 |
$15,237 |
$3,765 |
$39,791 |
$21,129 |
$12,538 |
$6,124 |
$39,791 |
|||||||||||||||||||||
| Q2 | |||||||||||||||||||||||||||||
| Sales | $124,528 |
$89,936 |
$32,565 |
$247,029 |
$124,528 |
$71,402 |
$51,099 |
$247,029 |
|||||||||||||||||||||
Gross Profit |
35,590 | 18,268 | 6,364 | 60,222 | 35,928 | 16,0065 |
8,229 |
60,222 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
15,512 | 6,952 | 4,013 | 26,477 | 15,638 | 7,523 | 3,316 | 26,477 | |||||||||||||||||||||
Operating Income |
$20,078 |
$11,316 |
$2,351 |
$33,745 |
$20,290 |
$8,542 |
$4,913 |
$33,745 |
|||||||||||||||||||||
FORMER STRUCTURE |
NEW STRUCTURE |
||||||||||||||||||||||||||||
FISCAL 2025 |
Water Treatment
|
Industrial
|
Health & Nutrition
|
Total
|
Water Treatment
|
Food & Health Sciences |
Industrial Solutions
|
Total
|
|||||||||||||||||||||
| Q3 | |||||||||||||||||||||||||||||
| Sales | $99,752 |
$91,997 |
$34,456 |
$226,205 |
$99,752 |
$77,730 |
$48,723 |
$226,205 |
|||||||||||||||||||||
Gross Profit |
26,027 |
15,180 |
7,217 |
48,424 |
25,856 |
16,289 |
6,279 |
48,424 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
16,054 | 7,058 | 4,249 | 27,361 | 16,058 | 7,761 | 3,542 | 27,361 | |||||||||||||||||||||
Operating Income |
$9,973 |
$8,122 |
$2,968 |
$21,063 |
$9,798 |
$8,528 |
$2,737 |
$21,063 |
|||||||||||||||||||||
| Q4 | |||||||||||||||||||||||||||||
| Sales | $105,033 |
$97,352 |
$42,933 |
$245,318 |
$105,033 |
$88,335 |
$51,950 |
$245,318 |
|||||||||||||||||||||
Gross Profit |
25,037 |
17,277 |
9,923 |
52,237 |
24,841 |
19,661 |
7,735 |
52,237 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
16,261 | 6,891 | 4,510 | 27,662 | 16,325 | 8,138 | 3,199 | 27,662 | |||||||||||||||||||||
Operating Income |
$8,776 |
$10,386 |
$5,413 |
$24,575 |
$8,516 |
$11,523 |
$4,536 |
$24,575 |
|||||||||||||||||||||
FORMER STRUCTURE |
NEW STRUCTURE |
||||||||||||||||||||||||||||
FISCAL 2024 |
Water Treatment
|
Industrial
|
Health & Nutrition
|
Total
|
Water Treatment
|
Food & Health Sciences |
Industrial Solutions
|
Total
|
|||||||||||||||||||||
| Q1 | |||||||||||||||||||||||||||||
| Sales | $93,651 |
$120,873 |
$36,596 |
$251,120 |
$93,651 |
$93,520 |
$63,949 |
$251,120 |
|||||||||||||||||||||
Gross Profit |
26,408 |
19,306 |
6,277 |
51,991 |
26,673 |
18,886 |
6,432 |
51,991 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
9,126 | 6,575 | 3,803 | 19,504 | 9,323 | 7,158 | 3,022 | 19,503 | |||||||||||||||||||||
Operating Income |
$17,282 |
$12,731 |
$2,474 |
$32,487 |
$17,350 |
$11,728 |
$3,410 |
$32,488 |
|||||||||||||||||||||
| Q2 | |||||||||||||||||||||||||||||
| Sales | $100,925 |
$98,535 |
$37,066 |
$236,526 |
$100,925 |
$79,512 |
$56,089 |
$236,526 |
|||||||||||||||||||||
Gross Profit |
29,308 |
17,844 |
6,734 |
53,886 |
29,516 |
17,491 |
6,878 |
53,885 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
10,145 | 6,806 | 3,944 | 20,895 | 10,370 | 7,470 | 3,054 | 20,894 | |||||||||||||||||||||
Operating Income |
$19,163 |
$11,038 |
$2,790 |
$32,991 |
$19,146 |
$10,021 |
$3,824 |
$32,991 |
|||||||||||||||||||||
FORMER STRUCTURE |
NEW STRUCTURE |
||||||||||||||||||||||||||||
FISCAL 2024 |
Water Treatment
|
Industrial
|
Health & Nutrition
|
Total
|
Water Treatment
|
Food & Health Sciences |
Industrial Solutions
|
Total
|
|||||||||||||||||||||
| Q3 | |||||||||||||||||||||||||||||
| Sales | $82,019 |
$92,990 |
$33,487 |
$208,496 |
$82,019 |
$75,863 |
$50,614 |
$208,496 |
|||||||||||||||||||||
Gross Profit |
20,241 |
16,495 |
5,512 |
42,248 |
20,391 |
15,671 |
6,186 |
42,248 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
12,470 | 7,292 | 4,012 | 23,774 | 12,729 | 7,753 | 3,293 | 23,775 | |||||||||||||||||||||
Operating Income |
$7,771 |
$9,203 |
$1,500 |
$18,474 |
$7,662 |
$7,918 |
$2,893 |
$18,473 |
|||||||||||||||||||||
| Q4 | |||||||||||||||||||||||||||||
| Sales | $86,694 |
$97,067 |
$39,259 |
$223,020 |
$86,694 |
$85,665 |
$50,661 |
$223,020 |
|||||||||||||||||||||
Gross Profit |
22,541 |
13,900 |
9,070 |
45,511 |
22,471 |
15,524 |
7,517 |
45,512 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
13,545 | 7,643 | 4,239 | 25,427 | 13,817 | 8,237 | 3,374 | 25,428 | |||||||||||||||||||||
Operating Income |
$8,996 |
$6,257 |
$4,831 |
$20,084 |
$8,654 |
$7,287 |
$4,143 |
$20,084 |
|||||||||||||||||||||
FORMER STRUCTURE |
NEW STRUCTURE |
||||||||||||||||||||||||||||
FISCAL 2023 |
Water Treatment
|
Industrial
|
Health & Nutrition
|
Total
|
Water Treatment
|
Food & Health Sciences |
Industrial Solutions
|
Total
|
|||||||||||||||||||||
| Q1 | |||||||||||||||||||||||||||||
| Sales | $78,490 |
$124,710 |
$43,343 |
$246,543 |
$78,490 |
$95,161 |
$72,892 |
$246,543 |
|||||||||||||||||||||
Gross Profit |
18,953 |
20,009 |
7,787 |
46,749 |
19,370 |
16,918 |
10,461 |
46,749 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
8,701 | 6,385 | 3,799 | 18,885 | 9,150 | 6,327 | 3,408 | 18,885 | |||||||||||||||||||||
Operating Income |
$10,252 |
$13,624 |
$3,988 |
$27,864 |
$10,220 |
$10,591 |
$7,053 |
$27,864 |
|||||||||||||||||||||
| Q2 | |||||||||||||||||||||||||||||
| Sales | $86,488 |
$113,939 |
$40,765 |
$241,192 |
$86,488 |
$81,138 |
$73,566 |
$241,192 |
|||||||||||||||||||||
Gross Profit |
20,504 |
17,713 |
8,157 |
46,374 |
20,878 |
16,654 |
8,842 |
46,374 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
9,082 | 6,891 | 3,865 | 19,838 | 9,547 | 6,662 | 3,629 | 19,838 | |||||||||||||||||||||
Operating Income |
$11,422 |
$10,822 |
$4,292 |
$26,536 |
$11,331 |
$9,992 |
$5,213 |
$26,536 |
|||||||||||||||||||||
FORMER STRUCTURE |
NEW STRUCTURE |
||||||||||||||||||||||||||||
FISCAL 2023 |
Water Treatment
|
Industrial
|
Health & Nutrition
|
Total
|
Water Treatment
|
Food & Health Sciences |
Industrial Solutions
|
Total
|
|||||||||||||||||||||
| Q3 | |||||||||||||||||||||||||||||
| Sales | $68,549 |
$114,436 |
$36,233 |
$219,218 |
$68,549 |
$83,644 |
$67,025 |
$219,218 |
|||||||||||||||||||||
Gross Profit |
13,268 |
15,994 |
7,009 |
36,271 |
13,454 |
15,339 |
7,478 |
36,271 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
9,003 | 7,978 | 4,023 | 21,004 | 9,493 | 7,175 | 4,336 | 21,004 | |||||||||||||||||||||
Operating Income |
$4,265 |
$8,016 |
$2,986 |
$15,267 |
$3,961 |
$8,164 |
$3,142 |
$15,267 |
|||||||||||||||||||||
| Q4 | |||||||||||||||||||||||||||||
| Sales | $71,398 |
$117,675 |
$39,072 |
$228,145 |
$71,398 |
$91,439 |
$65,308 |
$228,145 |
|||||||||||||||||||||
Gross Profit |
14,483 |
14,399 |
6,843 |
35,725 |
14,592 |
16,517 |
4,616 |
35,725 |
|||||||||||||||||||||
Selling, General & Administrative Expenses |
8,948 | 4,449 | 3,845 | 17,242 | 9,394 | 7,220 | 628 | 17,242 | |||||||||||||||||||||
Operating Income |
$5,535 |
$9,950 |
$2,998 |
$18,483 |
$5,198 |
$9,297 |
$3,988 |
$18,483 |
|||||||||||||||||||||
