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HILLMAN SOLUTIONS (HLMN) Stock News

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Hillman Solutions Corp. reports developments tied to its hardware products and merchandising solutions business in North America. Company updates commonly cover fasteners, related hardware, protective products, key duplication, tag engraving, and merchandising programs serving home improvement, hardware, farm and fleet, and other retail channels.

Recurring news themes include quarterly results, financial guidance, category expansion, and channel growth across retail, Pro distribution, and industrial MRO markets. Hillman news also covers completed acquisitions such as Delaney Hardware and Campbell Chain & Fittings, which added door hardware, builder’s hardware, industrial chain products, and U.S.-based manufacturing capabilities to its product and distribution platform.

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Hillman (Nasdaq: HLMN) released its 2025 Responsibility Report and Fact Sheet, outlining progress in corporate responsibility. The materials cover initiatives across people and communities, environmental efforts, innovation and product development, and corporate governance, and describe 2025 actions and data, including new sustainability software for ESG reporting.

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Hillman Solutions (Nasdaq:HLMN) reported Q2 2026 net sales of $442.3 million, up 9.8% from $402.8 million. Net income rose to $21.1 million ($0.11 diluted EPS) versus $15.8 million ($0.08) and Adjusted EBITDA1 increased to $77.1 million from $75.2 million. Operating cash flow reached $68.5 million and free cash flow1 $70.2 million, both sharply above the prior-year quarter. The company repurchased about 1.7 million shares for $13.3 million.

Gross debt was $701.3 million, net debt1 $665.4 million, with liquidity of $331.3 million and net leverage at 2.4x. After quarter-end Hillman closed a refinancing into a $735 million Term Loan B and $375 million ABL, and agreed to acquire Kanebridge for $315 million, expected to close around early Q4 2026. Full-year 2026 guidance was updated to net sales of $1.670–$1.720 billion, Adjusted EBITDA1 of about $285 million, and free cash flow1 of $105–$115 million.

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Hillman (Nasdaq: HLMN) has signed a definitive agreement to acquire Kanebridge, a U.S.-based master distributor of industrial fasteners, for $315 million, subject to customary adjustments. Kanebridge supplies over 44,000 commercial and military-grade fastener SKUs from warehouses in Illinois and California to distributors across the U.S. and Canada.

According to Hillman, the deal expands its industrial total addressable market by $1 billion to $3 billion and is expected to be accretive to margins and earnings, supported by sourcing, distribution and cross-selling synergies plus tax benefits. Kanebridge will join Hillman’s Commercial & Industrial business. The transaction, approved by both boards, is subject to regulatory approval and customary closing conditions and will be funded with cash on hand, borrowings under Hillman’s existing ABL revolver, and an add-on to its First Lien Term Loan.

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Hillman (Nasdaq: HLMN) closed a refinancing of its credit facilities, securing a new $735 million senior secured Term Loan B maturing in July 2033 and a $375 million ABL revolving credit facility maturing in July 2031. Both facilities are priced at SOFR plus 200 and 125 basis points, respectively, consistent with prior terms. Proceeds refinanced the existing term loan, repaid the prior revolver, and covered related fees, extending Hillman’s debt maturity profile and preserving financial flexibility.

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Hillman (Nasdaq: HLMN) has launched a refinancing of its existing Term Loan B and asset-based revolver, targeting a new $735 million senior secured Term Loan B maturing 2033 and a new $375 million senior secured ABL facility maturing 2031. Net proceeds are expected to refinance the current Term Loan B due 2028, pay down the ABL due 2027, cover fees and expenses, and support general corporate purposes.

For Q2 2026, Hillman preliminarily estimates net sales of $440–$444 million (up 9–10% year over year), operating income of $40–$42 million (up 10–16%), and Adjusted EBITDA of $76–$78 million (up 1–4%). Management reiterated full-year 2026 guidance of $1.63–$1.73 billion in net sales, $275–$285 million Adjusted EBITDA, and $100–$120 million free cash flow. Hillman will release full Q2 results on August 3, 2026 and host a call on August 4, 2026.

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Hillman Solutions (Nasdaq:HLMN) and Hillwood broke ground on a new 715,000-square-foot multipurpose facility in Forest Park, Ohio, on June 17, 2026. Hillman will lease and fully occupy the site, consolidating several Cincinnati-area operations to enhance collaboration, operational efficiency, and customer service across North America.

The Class A building will primarily serve as a distribution center with office and support functions and includes an expansion pad for up to 162,000 additional square feet. The project repurposes the former Forest Fair Mall through partnerships with multiple state and local economic development organizations.

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Hillman (Nasdaq: HLMN) reported Q1 2026 results for the 13 weeks ended March 28, 2026: net sales $370.1M (+3.0% YoY), net loss $(4.7)M, adjusted diluted EPS $0.07, and adjusted EBITDA $50.1M. The company closed two acquisitions after quarter-end and raised its FY2026 net sales guidance to $1.63–$1.73B while reiterating adjusted EBITDA and free cash flow guidance.

At quarter end gross debt was $737.8M, net debt $710.1M (2.6x trailing adjusted EBITDA), liquidity $282.4M, and Hillman repurchased ~1.2M shares for $10.1M.

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OpenGate Capital announced that portfolio company Sargent and Greenleaf completed the sale of Delaney Hardware to Hillman Solutions Corp (Nasdaq: HLMN) on April 13, 2026.

This transaction represents the final step in OpenGate's multi-phase realization of S&G after its May 2019 acquisition from Stanley Black & Decker; terms were not disclosed.

During OpenGate ownership, S&G expanded internationally, strengthened customer and supplier relationships, improved supply-chain resilience and manufacturing reliability, and invested in personnel and equipment.

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Hillman (Nasdaq: HLMN) acquired Delaney hardware, a U.S. door- and builder’s-hardware supplier, expanding Hillman’s pro distribution categories to include door hardware and strengthening its builder’s hardware offering.

Delaney serves builders, contractors and distributors (concentrated in the Southeast). Hillman expects to recognize over $10 million in net sales from Delaney in fiscal 2026. Financial terms were not disclosed. This is Hillman’s second acquisition in 2026.

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Hillman Solutions (Nasdaq: HLMN) earned the 2026 USA TODAY Top Workplaces award, recognizing employers with 150+ employees for strong, people-first cultures based on confidential employee surveys.

The company received national recognition and regional Top Workplaces honors in Colorado, Jacksonville, South Florida, and Kansas City, driven by employee feedback collected by Energage.

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FAQ

What is the current stock price of HILLMAN SOLUTIONS (HLMN)?

The current stock price of HILLMAN SOLUTIONS (HLMN) is $8.42 as of August 18, 2026.

What is the market cap of HILLMAN SOLUTIONS (HLMN)?

The market cap of HILLMAN SOLUTIONS (HLMN) is approximately 1.6B.