HLMN
Hillman Solutions Corp.9.05
-0.08-0.88%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A adds guide color, pro momentum.
Q&A clarified 2026 guidance conservatism amid softer Q4, January weather, and market volumes down a few points from prior flat-market assumptions for high-single-digit growth. Management detailed gross margin cadence: Q1 below 46-47% on peak high-cost inventory, stepping up in Q2 and back half. New business confidence stems from cascading 2025 wins, pro channel firepower at Builders Show, and national sales rally. RDS customer transition headwinds linger into Q1-Q2 before easing; Protective Solutions Q4 dip tied to channel destocking. Pro channel heats up. M&A pipeline revives with 1-2 deals eyed. Watch Investor Day for pro details.
Key Stats
Market Cap
1.79BP/E (TTM)
47.63Basic EPS (TTM)
0.19Dividend Yield
0%Recent Filings
10-K
FY2025 results
Hillman Solutions drove FY2025 net sales to a record $1.6B, up 5% y/y, with Hardware and Protective Solutions surging 8% on $59M price hikes offsetting volume softness and Intex acquisition contributions, while Robotics grew 2% via pricing yet Canada dipped 7% on FX and volumes. Q4 momentum shone through record net income of $40M ($0.20 diluted EPS) and margins expanding to 7.3% operating income, fueled by tariff-offset pricing and cost discipline despite home improvement headwinds. Debt stood at $693M year-end with $279M ABL availability; $12M share buybacks executed. Large customer concentration risks quarterly flows.
8-K
Record sales, strong EBITDA growth
10-Q
Q3 FY2025 results
Hillman Solutions posted Q3 net sales of $424.9M, up 8.0% y/y, fueled by Hardware and Protective Solutions' 10.0% surge from price hikes offsetting volume dips and Intex contributions. Operating income jumped to $45.9M from $26.9M y/y, with gross margins expanding to 51.7% from 48.2% amid tariff-driven pricing; diluted EPS rose to $0.12 from $0.04, reconciling to 199.8M shares. YTD sales grew 5.7% to $1,187.1M, net income to $38.7M ($0.19/share). Cash fell to $37.7M after $18.9M FCF (derived), with $683.2M long-term debt, $239.2M revolver availability, and $3.2M share repurchases under the new $100M program. Tariffs threaten margins despite price actions.
8-K
Record Q3 sales, EBITDA up
Hillman Solutions reported record Q3 net sales of $424.9 million, up 8.0% from $393.3 million last year, with Adjusted EBITDA surging 35.8% to $88.0 million despite market headwinds. Net leverage improved to 2.5x. It raised FY25 Adjusted EBITDA guidance to $270-275 million while reiterating sales and 2.4x year-end leverage. Cash flow dipped.
8-K
Exec separation terms finalized
Hillman Solutions Corp. finalized a separation agreement with Scott C. Ride, President of Hillman Canada, effective September 29, 2025, following his announced departure. The deal provides CAD$590,035 in base salary continuation over 16 months, prorated 2025 bonus of CAD$165,947, termination bonus of CAD$193,605, and extended vesting of unvested RSUs, PSUs, and options through March 2027, in exchange for non-compete covenants and a full release of claims. This structured exit secures continuity in Canadian operations while binding Ride to confidentiality. No interim leadership named.
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