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.
Hillman Solutions Corp. (Nasdaq: HLMN) is a provider of hardware-related products and merchandising solutions to home improvement, hardware, and farm and fleet retailers across North America. The HLMN news feed on Stock Titan aggregates company announcements, earnings releases, and other disclosures that explain how Hillman is performing and evolving within the hardware and home improvement channel.
Investors following Hillman’s news can review quarterly and annual results, including net sales, net income or loss, adjusted EBITDA, leverage metrics, and cash flow as reported in earnings releases and related 8-K filings. Management commentary in these releases discusses topics such as tariff impacts, supply chain costs, and the resilience of Hillman’s assortment of small-ticket repair and maintenance items.
News items also cover capital allocation decisions, such as the board-authorized share repurchase program of up to $100 million of common stock, as disclosed in an 8-K filing, and acquisitions that expand product categories like rope and twine, chain and wire rope, wiping cloths, consumable rags, and cleaning textiles. In addition, Hillman publishes updates on its Corporate Responsibility fact sheet, highlighting ESG initiatives, environmental metrics, workplace programs, and community engagement.
Visitors to this page can expect a stream of earnings announcements, guidance updates, corporate responsibility communications, board and management changes, and investor conference participation notices. For anyone tracking HLMN stock, this news hub offers a centralized view of the company’s publicly released information and strategic priorities over time.
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Hillman Solutions Corp. has opened a new distribution hub in
Hillman Solutions Corp. (Nasdaq: HLMN) has announced plans to host a conference call on May 9, 2023, at 8:30 a.m. Eastern Time to discuss its results for the thirteen weeks ending April 1, 2023. This earnings release will be issued on the same day. The call will be led by Chairman and CEO Doug Cahill and CFO Rocky Kraft. Analysts wishing to participate in the live Q&A must register in advance. The earnings release, quarterly presentation, and 10-Q will be filed with the SEC and available on Hillman's investor relations website prior to the call.
Founded in 1964, Hillman is a leading provider of hardware solutions for over 40,000 locations across North America, emphasizing customer service and efficient distribution.
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.