Hillman Solutions Corp

Hillman Solutions Corp. distributes hardware and home improvement products. Its products include fasteners and related hardware items, threaded rod and metal shapes, keys, key duplication systems, and accessories, builder’s hardware, personal protective equipment, such as gloves and eye-wear, and identification items, such as tags and letters, numbers, and signs. The firm sells its products to hardware stores, home centers, mass merchants, pet supply stores, and other retail outlets. The company was founded by Max W. Hillman, Sr. in 1964 and is headquartered in Cincinnati, OH.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hillman Solutions Corp reports solid 2022 performance amidst challenges

Hillman Solutions Corp's 2022 performance showed growth in net sales and adjusted EBITDA, with positive financial highlights and operational efficiency.
While facing challenges from steel price increases and economic uncertainties, the company remains resilient and focused on long-term value creation.
Opportunities lie in new technology, revenue streams from machine designs, M&A prospects, and inventory management improvements.
Guidance for 2023 indicates a strategic approach to financial targets and growth initiatives, positioning Hillman for continued success.

Hillman Solutions Corp reports steady Q1 performance amidst cost challenges

Hillman Solutions Corp's Q1 2023 performance was steady, with a focus on managing costs and enhancing operational efficiency. Strong customer relationships and competitive advantages position the company well for future growth. Challenges include cost inflation and steel price fluctuations, but opportunities lie in distribution network expansion and pent-up demand.

Hillman Solutions Corp manages challenges, eyes margin growth opportunities

Hillman Solutions Corp navigated challenges in Q2 2023, focusing on cost control and operational efficiencies to meet financial targets.
The company's proactive approach to growth, strong market position, and strategic initiatives position it well for future success.
Despite headwinds, Hillman remains optimistic about recovery in the second half and expects to capitalize on growth opportunities.

Hillman Solutions Corp posts robust Q3 results amidst market caution

Hillman Solutions Corp delivered a strong Q3 performance, with sales and EBITDA growth, showcasing financial resilience and operational efficiency.
While facing market challenges and uncertainties, the company's strategic strengths in market share retention and inventory management position it well for future growth.
By capitalizing on growth opportunities in new product launches and market expansion, Hillman is poised to navigate challenges and drive continued success.

Hillman Solutions Corp reports solid Q4 performance and eyes growth

Hillman Solutions Corp's Q4 2023 performance reflects a mix of strengths, challenges, and opportunities, with a focus on financial discipline, growth strategies, and market expansion.
The company's acquisition of Koch Industries and focus on maintaining healthy margins while addressing segment-specific challenges position it for sustainable growth and profitability.
Strategic initiatives to drive revenue growth, enhance product offerings, and explore new market segments underscore Hillman's commitment to long-term success and market leadership.

Hillman Solutions Corp reports Q1 growth, eyes acquisitions for expansion

Hillman Solutions Corp's Q1 performance showed growth in net sales and EBITDA, with a focus on cost control and strategic acquisitions to drive future growth
Challenges include price headwinds impacting margins and market factors affecting certain business segments, while opportunities lie in acquisitions and maintaining strong margins
Company's strengths in competitive positioning, customer relationships, and capital allocation priorities position it well for future success and profitability

Hillman Solutions Corp reports Q2 growth, eyes strategic acquisitions

Hillman Solutions Corp delivered strong financial performance in Q2 2024, with an increased adjusted EBITDA and maintained free cash flow.
Despite challenges in the RDS segment and market-related adjustments, the company remains optimistic about its long-term growth prospects.
Strategic strengths like a solid competitive moat and leadership succession plan position Hillman well for future success.

Hillman Solutions Corp reports resilient Q3 performance amidst growth opportunities

Hillman Solutions Corp showcased resilience with improved margins and strategic acquisitions.
While facing challenges like True Value's impact, the company is focused on growth opportunities.
Executives highlighted the company's competitive strengths and commitment to customer value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hillman Solutions Corp. engages in the distribution of hardware and home improvement products. It operates through the following segments: Hardware and Protective Solutions, Robotics and Digital Solutions, and Canada. The Hardware and Protective Solutions segment includes fasteners, builders, wall hanging, threaded rod and metal shapes, letters, numbers, and signs, and personal protective equipment products. The Robotics and Digital Solutions segment consists of software-enabled key duplication and engraving solutions. The Canada segment involves the distribution of fasteners and related hardware items, threaded rod, keys, key duplicating systems, accessories, identification items, tags and letters, numbers, and signs. The company was founded by Max W. Hillman, Sr. in 1964 and is headquartered in Cincinnati, OH.

Hillman Solutions Corp. (HLMN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Hillman Solutions Corp. (HLMN) Upgraded to Buy: What Does It Mean for the Stock?

CINCINNATI, July 11, 2022 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, plans to host a conference call to discuss its results for the thirteen and twenty-six weeks ended June 25, 2022 on Wednesday, August 3, 2022 at 8:30 a.m. Eastern Time. Hillman will issue its earnings release on the same day prior to the results presentation.

Hillman Sets Second Quarter 2022 Earnings Release and Results Presentation Date

CINCINNATI, June 06, 2022 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, is set to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens on June 27, 2022, according to a preliminary list of additions posted June 3, 2022.

Hillman Set to Join Russell 3000® Index

Start Time: 08:30 January 1, 0000 9:19 AM ET Hillman Solutions Corp. (NASDAQ:HLMN ) Q1 2022 Earnings Conference Call May 03, 2022, 08:30 AM ET Company Participants Douglas Cahill - Chairman, President and CEO Robert Kraft - CFO Michael Koehler - VP, IR Conference Call Participants David Manthey - Robert W. Baird Brian Butler - Stifel Nicolaus Lee Jagoda - CJS Securities Ryan Merkel - William Blair Matthew Bouley - Barclays Reuben Garner - The Benchmark Company Operator Good morning, and welcome to the First Quarter 2022 Results Presentation for Hillman Solutions Corp. My name is LaTonya, and I'll be your conference call operator today.

Hillman Solutions Corp. (HLMN) CEO Douglas Cahill on Q1 2022 Results - Earnings Call Transcript

CINCINNATI, May 03, 2022 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen weeks ended March 26, 2022.

Hillman Reports First Quarter 2022 Results

Hillman Solutions Corp (NASDAQ: HLMN) shares are trading lower in Tuesday's after-hours session after the company reported preliminary results and announced an offering. Hillman said the company expects first-quarter revenue to be $363 million, up from $341.3 million year-over-year.

Why Hillman Solutions Stock Is Falling After Hours

Company to issue final first quarter 2022 earnings release pre-market on Tuesday, May 3, 2022 and host results presentation at 8:30 a.m. Eastern Time on the same day Company to issue final first quarter 2022 earnings release pre-market on Tuesday, May 3, 2022 and host results presentation at 8:30 a.m. Eastern Time on the same day

Hillman Reports Preliminary First Quarter 2022 Results; Sets Final First Quarter 2022 Earnings Release and Results Presentation Date

Owens Corning

OC vs. HLMN: Which Stock Is the Better Value Option?

OC vs. HLMN: Which Stock Should Value Investors Buy Now?

CINCINNATI, April 06, 2022 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, has appointed Michael Koehler as Vice President of Investor Relations and Treasury.

Hillman Appoints Michael Koehler as Vice President of Investor Relations and Treasury

Hillman Solutions Corp.'s (HLMN) CEO Douglas Cahill on Q4 2021 Results - Earnings Call Transcript

CINCINNATI, March 02, 2022 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”) reported today selected financial results for the year ended December 25, 2021.

Hillman Solutions Corp. Reports Fourth Quarter and Full Year 2021 Results

CINCINNATI, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the "Company" or "Hillman”) today announced it plans to host a conference call to discuss the financial results for the fourth quarter ended December 25, 2021 on Wednesday, March 2, 2022, at 8:30am ET. Participants may join the call by dialing either the toll-free or international number below a few minutes before the call start time.

Hillman to Report Fourth Quarter and Fiscal 2021 Results

CINCINNATI, Dec. 30, 2021 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (NASDAQ: HLMN), (“Hillman” or “the Company”), a leading provider of complete hardware solutions, today announced the completion of the redemption of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company's common stock, par value $0.0001 per share (the “Common Stock”), that were issued under the Amended and Restated Warrant Agreement (the “Warrant Agreement”), dated November 13, 2020, by and between the Company and Continental Stock Transfer & Trust Company (“CST”), as warrant agent (“the Warrant Agent”) as part of the units sold in the initial public offering (the “IPO”) of Lancadia Holdings III, Inc., the Company's predecessor, and that remained outstanding at 5:00 p.m. New York City time on December 22, 2021 (the “Redemption Date”) for a redemption price of $0.10 per Public Warrant. In addition, the Company announced the completion of the redemption of the outstanding warrants to purchase Common Stock that were issued under the Warrant Agreement in a private placement simultaneously with the IPO (the “Private Warrants” and, together with the Public Warrants, the “Warrants”) on the same terms as the outstanding Public Warrants.

Hillman Solutions Corp. Announces Completion of Redemption of All Outstanding Warrants

CINCINNATI, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (NASDAQ: HLMN), (“Hillman” or “the Company”), a leading hardware solutions company, today announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company's common stock, par value $0.0001 per share (the “Common Stock”), that were issued under the Amended and Restated Warrant Agreement (the “Warrant Agreement”), dated November 13, 2020, by and between the Company and Continental Stock Transfer & Trust Company (“CST”), as warrant agent (the “Warrant Agent”), as part of the units sold in the Company's initial public offering (the “IPO”) and that remain outstanding at 5:00 p.m. New York City time on December 22, 2021 (the “Redemption Date”) for a redemption price of $0.10 per Public Warrant. In addition, the Company will redeem all of its outstanding warrants to purchase Common Stock that were issued under the Warrant Agreement in a private placement simultaneously with the IPO (the “Private Warrants” and, together with the Public Warrants, the “Warrants”) on the same terms as the outstanding Public Warrants.

Hillman Solutions Corp. Announces Redemption of All Outstanding Warrants

Hillman Solutions Corp (HLMN) CEO Douglas Cahill on Q3 2021 Results - Earnings Call Transcript

CINCINNATI, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”) reported today selected financial results for the thirty-nine weeks ended September 25, 2021.

Hillman Solutions Corp. Reports Third Quarter and Year-to-Date 2021 Results

HLMN went public in July 2021 by combining with Tilman Fertitta led SPAC, Landcadia III. It was a solid deal to take public a leading and profitable supplier of hardware and related products established in 1964.

Hillman Solutions Corp. Is An Undervalued Home Improvement Play

CINCINNATI, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the "Company" or "Hillman”) today announced it plans to host a conference call to discuss the financial results for the third quarter ended September 25, 2021 on Wednesday, November 3, 2021, at 8:30am EST. Participants may join the call by dialing either the toll-free or international number below a few minutes before the call start time.

Hillman to Report Third Quarter 2021 Results

The Hillman Group Reports Second Quarter and Year-to-Date 2021 Results

Leucadia National (Trades, Portfolio) has revealed a new holding in Hillman Solutions Corp. ( HLMN , Financial) according to GuruFocus' Real-Time Picks, a Premium feature.

Leucadia National Builds Portfolio With Hillman Solutions

United Rentals

URI vs. HLMN: Which Stock Is the Better Value Option?

Masonite International

Gores Holdings V, Inc

Meryl Witmer, a general partner at Eagle Capital Partners LP, recently appeared on Barron's mid-2021 Roundtable to discuss her views on the market as well as provide some stock ideas.

A Look at Meryl Witmer's Roundtable Trio

CINCINNATI, July 20, 2021 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the "Company" or "Hillman”) today announced it plans to host a conference call to discuss the financial results for the second quarter ended June 26, 2021 on Friday, July 30, 2021, at 10:00am EST. Participants may join the call by dialing either the toll-free or the international number below a few minutes before the call start time.

Hillman to Report Second Quarter 2021 Results

CINCINNATI, July 19, 2021 (GLOBE NEWSWIRE) -- As previously announced by The Hillman Companies, Inc. (“Hillman” or the “Company”) on July 13, 2021, in anticipation of the merger contemplated by the Agreement and Plan of Merger, dated as of January 24, 2021, by and among Landcadia Holdings III, Inc. (“Landcadia”), Helios Sun Merger Sub, Inc. (“Merger Sub”), HMAN Group Holdings Inc. (“Hillman Holdco”) and CCMP Sellers' Representative, LLC, solely in its capacity as representative of the stockholders of Hillman Holdco (the “Merger”), Hillman delivered a notice of redemption for all of its outstanding 11.6% Junior Subordianted Debentures due 2027 (the “Debentures”) on August 12, 2021 (the “Redemption Date”) and the Hillman Group Capital Trust delivered a notice of redemption for all of its issued and outstanding shares of Trust Preferred Securities at a redemption price in cash of $25 per Trust Preferred Security, plus an amount equal to the accrued and unpaid distributions thereon to the Redemption Date.   The total amount payable upon redemption will be $25.09666667 per Trust Preferred Security and will be payable August 12, 2021 to holders of record as of August 12, 2021. Hillman is redeeming the Debentures and the Trust Preferred Securities in connection with the consummation of the Merger and such securities will cease to be outstanding as of August 12, 2021. The last day of trading for the Trust Preferred Securities on the New York Stock Exchange (the “NYSE”) will be August 11, 2021 and the Company is voluntarily delisting the Trust Preferred Securities from the NYSE.

Hillman Group Capital Trust Announces Voluntary Delisting of Trust Preferred Securities From NYSE

CINCINNATI, July 16, 2021 (GLOBE NEWSWIRE) -- As previously announced on July 13, 2021, The Hillman Companies, Inc. (“Hillman” or the “Company”) stated that a cash distribution had been declared by Hillman Group Capital Trust for the month of July in the amount of $0.241666667 for each Trust Preferred Security (NYSE-Amex: HLM_P). As an amendment to the previous announcement, the distribution will be payable August 2, 2021 to holders of record as of July 26, 2021, instead of as of July 23, 2021.

News for Hillman Solutions Corp Stock (HLMN)