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Hillman Solutions Corp. - $HLMN STOCK NEWS

Welcome to our dedicated page for Hillman Solutions news (Ticker: $HLMN), a resource for investors and traders seeking the latest updates and insights on Hillman Solutions stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hillman Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hillman Solutions's position in the market.

Rhea-AI Summary

Hillman Solutions Corp. (Nasdaq: HLMN), a leading hardware products provider, reported first quarter 2024 financial results with net sales up 0.2% to $350.3 million. Adjusted diluted EPS was $0.10 per share. The company's net loss decreased to $(1.5) million from $(9.1) million in the prior year quarter. Hillman's liquidity stood at $242.3 million with a strong balance sheet. The company reiterated its full year 2024 guidance with expectations of solid performance.

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-4.3%
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Rhea-AI Summary
Hillman Solutions Corp. (Nasdaq: HLMN) announces the first quarter 2024 earnings release and results presentation date. The conference call to discuss the results for the thirteen weeks ended March 30, 2024, will be held on Tuesday, May 7, 2024, at 8:30 a.m. Eastern Time. Chairman, President, and CEO Doug Cahill, COO Jon Michael Adinolfi, and CFO Rocky Kraft will host the presentation.
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-2.13%
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Rhea-AI Summary
Hillman Solutions Corp. successfully repriced its Term Loan, reducing interest rate margin by 25 basis points, leading to annualized interest savings of $2.6 million. The company improved its financial position by reducing inventories and debt, aiming to strengthen its balance sheet further in 2024. Credit agencies like S&P, Moody's, and Fitch have shown positive ratings and outlooks for Hillman.
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2.7%
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Rhea-AI Summary
Hillman Solutions Corp. (HLMN) will participate in the Raymond James 45th Annual Institutional Investors Conference. The Company's top executives will give a formal presentation and hold one-on-one meetings. The event will take place on March 5, 2024, in Orlando, Florida.
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Rhea-AI Summary
Hillman Solutions Corp. reported financial results for Q4 and full year 2023, showing a decrease in net sales but an improvement in adjusted EBITDA. The company reduced debt, improved inventory management, and acquired Koch Industries. Management is optimistic about future growth and provided guidance for 2024.
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4.85%
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Rhea-AI Summary
Hillman Solutions Corp. (Nasdaq: HLMN) will host a conference call to discuss its financial results for the thirteen and fifty-two weeks ended December 30, 2023. The call will be hosted by Chairman, President, and CEO Doug Cahill, CFO Rocky Kraft, and COO Jon Michael Adinolfi. The company will issue its earnings release on the same day prior to the presentation. Research analysts can participate in the live Q&A session and a webcast replay will be available after the presentation. The earnings release, quarterly presentation, and 10-K will be filed with the SEC and posted to the company's website before the presentation begins.
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2.5%
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Hillman Solutions Corp. (Nasdaq: HLMN) has acquired Koch Industries, Inc., a premier provider of rope and twine, chain and wire rope, and related hardware products. This acquisition marks Hillman's entrance into the rope and chain product category, allowing the company to expand its product portfolio and capitalize on growth opportunities. With Koch's revenue totaling approximately $45 million during its fiscal year ended May 31, 2023, this acquisition is expected to bring significant value to Hillman.
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Hillman Solutions Corp. (Nasdaq: HLMN) reported Q3 2023 financial results, with net sales up 5.4% to $398.9 million, net income at $5.1 million, and adjusted EBITDA at $66.8 million. YTD net sales decreased 0.6% to $1,128.7 million, with adjusted EBITDA at $165.0 million. The company updated its full year 2023 guidance, with net sales at $1.455 to $1.485 billion and adjusted EBITDA at $215 to $220 million.
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3.33%
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Hillman Solutions Corp. (Nasdaq: HLMN) announces the creation of the position of Lead Independent Director and the election of Daniel O’Leary to the role. This move is part of the company's efforts to enhance corporate governance practices and further evolve its leadership structure.
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3.33%
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management
Rhea-AI Summary
Hillman Solutions Corp. to host conference call to discuss Q3 2023 results
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-3.32%
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Hillman Solutions Corp.

Nasdaq:HLMN

HLMN Rankings

HLMN Stock Data

1.88B
193.75M
1.2%
103.84%
2.14%
Iron and Steel Forging
Manufacturing
Link
United States of America
CINCINNATI

About HLMN

welcome to hillman, founded in 1964 and headquartered in cincinnati, ohio, the hillman group is a leading north american provider of complete hardware solutions. delivering simple solutions in a complex world to 26,000 customers including lowe’s, home depot, tractor supply, ace hardware, true value, do-it-best, walmart and many more. hillman designs innovative products and merchandising solutions for complex categories and provides outstanding customer service. through the leadership of our president and ceo, greg gluchowski and our dedicated employees, hillman continues to grow as the leading provider of complete hardware solutions by delivering a ‘small business’ experience with ‘big business’ efficiency. careers at hillman include design, engineering, finance, information technology, product management, sales, retail merchandising, warehouse operations, and many more.