HILLMAN SOLUTIONS CORP Stock Price, News & Analysis

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.

Hillman Solutions Corp. (HLMN) will host a conference call on August 3, 2022, at 8:30 AM ET to discuss its earnings results for the 13 and 26 weeks ending June 25, 2022. The earnings release will be issued the same day prior to the presentation. CEO Doug Cahill and CFO Rocky Kraft will lead the call. Participants can register for the live Q&A session and access a webcast replay post-call. Hillman is a prominent provider of hardware solutions for various retail sectors, emphasizing customer service and innovative product delivery.

Hillman Solutions Corp. (Nasdaq: HLMN) announced its inclusion in the Russell 3000® Index, effective June 27, 2022. This decision follows the annual reconstitution of the Russell indexes, where Hillman qualified based on a market capitalization of approximately $2.3 billion as of May 6, 2022. The Russell Indexes are crucial for investment strategies, with about $12 trillion in assets benchmarked against them. Hillman, established in 1964, is known for providing innovative hardware solutions to over 40,000 locations across North America.

Hillman Solutions Corp. (Nasdaq: HLMN) reported a net sales increase to $363.0 million for Q1 2022, up from $341.3 million the previous year. Despite this growth, the company posted a net loss of $(1.9) million or $(0.01 per diluted share, an improvement from $(9.0) million or $(0.10 per share in Q1 2021. Adjusted diluted EPS dropped to $0.09 compared to $0.16 in the prior year. The company maintained its 2022 guidance, projecting net sales between $1.5 billion and $1.6 billion and adjusted EBITDA of $207 million to $227 million.

Hillman Solutions Corp. (HLMN) announced the closing of its public offering of 14,950,000 shares of common stock at $10.00 per share. This includes 1,950,000 shares sold due to the underwriters’ full exercise of their option to purchase additional shares. The offering was conducted by certain Selling Stockholders, and Hillman did not receive any proceeds from this sale. Jefferies and Baird acted as lead managers, while Stifel served as a joint manager.

Hillman Solutions Corp. (HLMN) has announced an upsize of its public offering from 10 million to 13 million shares at $10.00 per share, set to close around April 18, 2022. The offering is fully from existing stockholders, meaning Hillman will not receive any proceeds. Additionally, a 30-day option for underwriters allows them to purchase up to 1,950,000 additional shares. Jefferies and Baird are leading the offering. The SEC has declared the registration statement effective, and interested investors should review the prospectus for detailed information.

Hillman Solutions Corp. (HLMN) announced a public offering of 10 million shares of common stock by certain stockholders. The offering includes a 30-day underwriter option for an additional 1.5 million shares. Hillman will not receive proceeds from this sale. Jefferies and Baird are the lead managers for the offering, with Stifel as a joint manager. The registration statement has been declared effective by the SEC, and the offering will proceed under a preliminary prospectus supplement. This offering does not constitute a solicitation to buy securities.

Hillman Solutions Corp. (HLMN) announced preliminary financial results for the first quarter of 2022, revealing net sales of $363.0 million, up from $341.3 million year-over-year. Operating income increased to $8.8 million from $5.8 million in the prior year, though Adjusted EBITDA fell to $44.0 million compared to $47.8 million previously. The company will release its final earnings and host a presentation on May 3, 2022, at 8:30 AM ET.