HILLMAN SOLUTIONS CORP Stock Price, News & Analysis

Hillman Solutions Corp. (Nasdaq: HLMN) has successfully closed its underwritten public offering of 28,750,000 shares of common stock, including 3,750,000 shares from the exercise of the underwriters’ option. The shares were sold at a price of $8.00 each, but the company did not receive any proceeds, as the offering was conducted by selling stockholders. Jefferies and Baird led the offering, with several other firms participating as joint managers. The offering was registered under SEC regulations, making necessary documentation available to the public. Hillman continues to provide diverse hardware solutions across North America.

Hillman Solutions Corp. (HLMN) has announced an upsized underwritten public offering of its common stock, increasing the size from 24 million to 25 million shares, priced at $8.00 per share. This offering is led by funds affiliated with CCMP Capital Advisors and is expected to close around March 3, 2023. Additionally, underwriters have a 30-day option to buy up to 3.75 million additional shares. The Company will not receive any proceeds from this offering, as the shares are being sold by existing stockholders. Jefferies and Baird are the lead book-running managers, with other co-managers involved in the transaction.

Hillman Solutions Corp. (HLMN) announced an underwritten public offering of 24 million shares of its common stock, entirely from funds affiliated with CCMP Capital Advisors. The underwriters have a 30-day option to purchase an additional 3.6 million shares. Hillman will not receive any proceeds as the offering consists solely of shares sold by the selling stockholders. Jefferies and Baird are leading the offering, which is registered with the SEC. Investors are advised to review the available prospectus for detailed information.

Hillman Solutions Corp. (HLMN) reported its financial results for the fourth quarter and full year of 2022, highlighting a 1.8% increase in net sales to $350.7 million for the quarter, although excluding a 53rd week, sales declined 2.8%. The net loss totaled $(13.9) million, down from a gain of $6.5 million in Q4 2021. For the full year, net sales rose 4.2% to $1.49 billion, with a net loss of $(16.4) million. Adjusted EBITDA increased to $210.2 million. Management expressed confidence for 2023, expecting net sales between $1.45 billion and $1.55 billion and Adjusted EBITDA of $215 million to $235 million.

Hillman Solutions Corp. (HLMN) announced plans to host a conference call on February 23, 2023, at 8:30 a.m. ET to discuss its financial results for the fourteen weeks and full year ending December 31, 2022. The earnings release will be issued the same day prior to the call. Company executives will provide guidance for the 2023 full year. Analysts interested in participating in the Q&A session must register in advance. The presentation and earnings information will be available on Hillman's website and filed with the SEC shortly after the call.

Hillman Solutions Corp. (HLMN) reported Q3 2022 net sales of $378.5 million, up 3.9% year-over-year. The net loss decreased significantly to $(9.5) million from $(32.5) million in Q3 2021. Adjusted diluted EPS rose to $0.14, while Adjusted EBITDA improved to $59 million. Year-to-date, net sales increased 5.0% to $1.14 billion, with a reduced net loss of $(2.5) million compared to $(44.9) million last year. Updated guidance projects full-year net sales of $1.46 billion to $1.50 billion, reflecting a softening in sales volume and litigation expenses.

Hillman Solutions Corp. (HLMN) announced a conference call to discuss its financial results for the thirteen and thirty-nine weeks ending September 24, 2022. The call is scheduled for November 3, 2022, at 8:30 a.m. ET. Hillman will release its earnings prior to the call, and the presentation will be led by CEO Doug Cahill and CFO Rocky Kraft. A replay of the webcast will be available soon after the call concludes. For additional details and documents such as the 10-Q, interested parties can visit Hillman's investor relations website.

Hillman Solutions Corp. (HLMN) reported Q2 2022 net sales of $394.1 million, a 4.9% increase from Q2 2021. Net income improved to $8.8 million, compared to a loss of $3.4 million a year earlier. Adjusted diluted EPS was $0.14, down from $0.24. For the first half of 2022, sales rose 5.6% to $757.1 million, with net income at $6.9 million versus a loss of $12.4 million. The company expects full-year sales towards the low end of $1.5 billion to $1.6 billion, amid challenges like supply chain constraints and labor shortages.

CINCINNATI, July 26, 2022 - Hillman Solutions Corp. (Nasdaq: HLMN) announced its participation in several investor conferences in August 2022. Key events include the Barclays Select Series on August 9, the Jefferies Industrials Conference on August 10, and the Raymond James Diversified Industrials Conference on August 23, all taking place in New York City. The company will also conduct one-on-one meetings with institutional investors. Hillman, founded in 1964, is a leading hardware solutions provider servicing over 40,000 locations across North America.