Hillman Solutions Corp.
9.44-0.22 (-2.28%)
Oct 29, 4:00:02 PM EDT · NasdaqGM · HLMN · USD
Key Stats
Market Cap
1.87BP/E (TTM)
85.82Basic EPS (TTM)
0.11Dividend Yield
0%Recent Filings
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.
8-K
Leadership change in Canada
Hillman Solutions Corp. announced a personnel reorganization on August 27, 2025, leading to the departure of Scott C. Ride, President of Hillman Canada, effective September 29, 2025. The company notified Ride of the reporting structure changes, which prompted his exit. Negotiations for his separation agreement are underway but terms remain undisclosed. This shift may signal broader adjustments in Canadian operations.
10-Q
Q2 FY2025 results
Hillman Solutions posted solid Q2 results, with net sales climbing 6.2% year-over-year to $402.8 million, fueled by an 8.7% surge in the Hardware and Protective Solutions segment from price hikes and Intex acquisition contributions, while Robotics and Digital Solutions edged up 2.3% on pricing. Operating income rose 15.0% to $36.3 million, lifting diluted EPS to $0.08 from $0.06, as gross margins held steady around 48.3% amid higher shipping costs. Cash from operations dipped to $48.1 million year-to-date, yielding free cash flow of $9.9 million after $38.2 million in capex, with $34.2 million in cash and $212.7 million revolver availability backing $683.1 million in long-term debt. The August 2024 Intex buy added $3.8 million goodwill and $9.4 million customer relationships amortized over 9-20 years. Tariffs on imports, hitting 33% of sourcing from China, threaten cost pressures despite price adjustments.
8-K
Q2 sales up 6.2%, repurchase authorized
Hillman Solutions reported Q2 2025 net sales up 6.2% to $402.8 million, with adjusted EBITDA rising 10.1% to $75.2 million amid tariff pressures, while raising full-year guidance to $1.535-$1.575 billion in sales and $265-$275 million in adjusted EBITDA. The board authorized a $100 million share repurchase program, effective immediately, to return capital while deleveraging to 2.4x net debt by year-end. Repurchases will be opportunistic. Yet economic headwinds loom large.
8-K
Stockholders approve equity plan expansions
Hillman Solutions Corp. stockholders approved amendments at the June 3, 2025 annual meeting, adding 1,800,000 shares to the 2021 Equity Incentive Plan and 1,000,000 shares to the Employee Stock Purchase Plan. This bolsters the company's ability to attract and retain talent through equity incentives. Shareholders also elected directors Jon Michael Adinolfi, Douglas J. Cahill, and Diane C. Honda for terms expiring in 2026. Plans now support broader employee ownership.
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