Hillman Solutions Corp

Hillman Solutions Corp. distributes hardware and home improvement products. Its products include fasteners and related hardware items, threaded rod and metal shapes, keys, key duplication systems, and accessories, builder’s hardware, personal protective equipment, such as gloves and eye-wear, and identification items, such as tags and letters, numbers, and signs. The firm sells its products to hardware stores, home centers, mass merchants, pet supply stores, and other retail outlets. The company was founded by Max W. Hillman, Sr. in 1964 and is headquartered in Cincinnati, OH.

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Hillman Solutions Corp reports solid 2022 performance amidst challenges

Hillman Solutions Corp's 2022 performance showed growth in net sales and adjusted EBITDA, with positive financial highlights and operational efficiency.
While facing challenges from steel price increases and economic uncertainties, the company remains resilient and focused on long-term value creation.
Opportunities lie in new technology, revenue streams from machine designs, M&A prospects, and inventory management improvements.
Guidance for 2023 indicates a strategic approach to financial targets and growth initiatives, positioning Hillman for continued success.

Hillman Solutions Corp reports steady Q1 performance amidst cost challenges

Hillman Solutions Corp's Q1 2023 performance was steady, with a focus on managing costs and enhancing operational efficiency. Strong customer relationships and competitive advantages position the company well for future growth. Challenges include cost inflation and steel price fluctuations, but opportunities lie in distribution network expansion and pent-up demand.

Hillman Solutions Corp manages challenges, eyes margin growth opportunities

Hillman Solutions Corp navigated challenges in Q2 2023, focusing on cost control and operational efficiencies to meet financial targets.
The company's proactive approach to growth, strong market position, and strategic initiatives position it well for future success.
Despite headwinds, Hillman remains optimistic about recovery in the second half and expects to capitalize on growth opportunities.

Hillman Solutions Corp posts robust Q3 results amidst market caution

Hillman Solutions Corp delivered a strong Q3 performance, with sales and EBITDA growth, showcasing financial resilience and operational efficiency.
While facing market challenges and uncertainties, the company's strategic strengths in market share retention and inventory management position it well for future growth.
By capitalizing on growth opportunities in new product launches and market expansion, Hillman is poised to navigate challenges and drive continued success.

Hillman Solutions Corp reports solid Q4 performance and eyes growth

Hillman Solutions Corp's Q4 2023 performance reflects a mix of strengths, challenges, and opportunities, with a focus on financial discipline, growth strategies, and market expansion.
The company's acquisition of Koch Industries and focus on maintaining healthy margins while addressing segment-specific challenges position it for sustainable growth and profitability.
Strategic initiatives to drive revenue growth, enhance product offerings, and explore new market segments underscore Hillman's commitment to long-term success and market leadership.

Hillman Solutions Corp reports Q1 growth, eyes acquisitions for expansion

Hillman Solutions Corp's Q1 performance showed growth in net sales and EBITDA, with a focus on cost control and strategic acquisitions to drive future growth
Challenges include price headwinds impacting margins and market factors affecting certain business segments, while opportunities lie in acquisitions and maintaining strong margins
Company's strengths in competitive positioning, customer relationships, and capital allocation priorities position it well for future success and profitability

Hillman Solutions Corp reports Q2 growth, eyes strategic acquisitions

Hillman Solutions Corp delivered strong financial performance in Q2 2024, with an increased adjusted EBITDA and maintained free cash flow.
Despite challenges in the RDS segment and market-related adjustments, the company remains optimistic about its long-term growth prospects.
Strategic strengths like a solid competitive moat and leadership succession plan position Hillman well for future success.

Hillman Solutions Corp reports resilient Q3 performance amidst growth opportunities

Hillman Solutions Corp showcased resilience with improved margins and strategic acquisitions.
While facing challenges like True Value's impact, the company is focused on growth opportunities.
Executives highlighted the company's competitive strengths and commitment to customer value.

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Hillman Solutions Corp. engages in the distribution of hardware and home improvement products. It operates through the following segments: Hardware and Protective Solutions, Robotics and Digital Solutions, and Canada. The Hardware and Protective Solutions segment includes fasteners, builders, wall hanging, threaded rod and metal shapes, letters, numbers, and signs, and personal protective equipment products. The Robotics and Digital Solutions segment consists of software-enabled key duplication and engraving solutions. The Canada segment involves the distribution of fasteners and related hardware items, threaded rod, keys, key duplicating systems, accessories, identification items, tags and letters, numbers, and signs. The company was founded by Max W. Hillman, Sr. in 1964 and is headquartered in Cincinnati, OH.

Hillman Solutions' wide competitive moat allowed it to generate strong free cash flows, improve margins, and strengthen the balance sheet in 2023. Sales were relatively flat despite weak store traffic at customers' retail stores as the company won new business to offset the declines. While 2024 may be another challenging year for the industry, HLMN is expected to increase margins and use tuck-in acquisitions to counter expected price givebacks.

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Hillman Solutions Corp. (HLMN) Q4 2023 Earnings Call Transcript

CINCINNATI, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen and fifty-two weeks ended December 30, 2023.

Hillman Reports Fourth Quarter 2023 Results; Provides 2024 Guidance

CINCINNATI, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (“Hillman”), a leading provider of hardware products and merchandising solutions, plans to host a conference call to discuss its results for the thirteen and fifty-two weeks ended December 30, 2023 on Thursday, February 22, 2024 at 8:30 a.m. Eastern Time. Hillman will issue its earnings release on the same day prior to the results presentation.

Hillman Sets Fourth Quarter 2023 Earnings Release and Results Presentation Date

Hillman Solutions (HLMN) expands its presence in the new rope and chain product category with the acquisition of Koch Industries.

Hillman Solutions (HLMN) Enters Rope & Chain Product Category

CINCINNATI, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, today announced that it has acquired Koch Industries, Inc. (“Koch”), a premier provider and merchandiser of rope and twine, chain and wire rope, and related hardware products. This acquisition marks the entrance into rope and chain, a new product category for Hillman.

Hillman Acquires Koch Industries, Enters Rope and Chain Product Category

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Hillman Solutions Corp. (NASDAQ:HLMN ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Michael Koehler - VP of IR and Treasury Douglas Cahill - Chairman, President and CEO Robert Kraft - CFO Jon Adinolfi - COO Conference Call Participants Matthew Bouley - Barclays Lee Jagoda - CJS Securities Madison Callinan - Canaccord Genuity Brian Butler - Stifel Stephen Volkmann - Jefferies Operator Good morning, and welcome to the Third Quarter 2023 Results Presentation for Hillman Solutions Corp. My name is Cherie, and I will be your conference call operator today. Before we begin, I would like to remind our listeners that today's presentation is being recorded and simultaneously webcast.

Hillman Solutions Corp. (HLMN) Q3 2023 Earnings Call Transcript

Hillman Solutions Corp. (HLMN) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.14 per share a year ago.

Hillman Solutions Corp. (HLMN) Lags Q3 Earnings and Revenue Estimates

CINCINNATI, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen and thirty-nine weeks ended September 30, 2023.

Hillman Reports Third Quarter 2023 Results

CINCINNATI, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, announced that its Board of Directors (the “Board”) has created the position of Lead Independent Director and the Company's independent directors have unanimously elected Daniel (“Dan”) O'Leary to the newly created position. Mr. O'Leary's appointment is the latest step in a series of corporate governance enhancements underway to further evolve Hillman's corporate governance practices.

Hillman Appoints Daniel O'Leary as Lead Independent Director

CINCINNATI, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (“Hillman”), a leading provider of hardware products and merchandising solutions, plans to host a conference call to discuss its results for the thirteen and thirty-nine weeks ended September 30, 2023 on Wednesday, November 8, 2023 at 8:30 a.m. Eastern Time.

Hillman Sets Third Quarter 2023 Earnings Release and Results Presentation Date

Hillman Solutions Corp. (NASDAQ:HLMN ) Q2 2023 Earnings Call August 8, 2023 8:30 AM ET Company Participants Michael Koehler - Vice President of Investor Relations & Treasury Douglas J. Cahill - Chairman, President and Chief Executive Officer Robert Kraft - Chief Financial Officer and Treasurer Conference Call Participants David Manthey - Robert W.

Hillman Solutions Corp. (HLMN) Q2 2023 Earnings Call Transcript

CINCINNATI, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen and twenty-six weeks ended July 1, 2023.

Hillman Reports Second Quarter 2023 Results

CINCINNATI, July 26, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, published its first Environmental, Social and Governance (“ESG”) fact sheet which highlights the Company's ESG initiatives during the twelve months ended December 31, 2022.

Hillman Publishes Inaugural ESG Fact Sheet for 2022

CINCINNATI, July 13, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, plans to host a conference call to discuss its results for the thirteen weeks ended July 1, 2023 on Tuesday, August 8, 2023 at 8:30 a.m. Eastern Time. Hillman will issue its earnings release on the same day prior to the results presentation.

Hillman Sets Second Quarter 2023 Earnings Release and Results Presentation Date

CINCINNATI, June 06, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, has promoted Jon Michael “JMA” Adinolfi to the newly created position of Chief Operating Officer. Adinolfi, who has served as a Divisional President of Hillman U.S. since 2019, will expand his role as COO to oversee Hillman's Hardware Solutions, Protective Solutions, and Canadian business segments.

Hillman Promotes Jon Michael Adinolfi to Chief Operating Officer

CINCINNATI, June 01, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, announced that Diane Honda has been appointed to its Board of Directors effective May 31, 2023. Ms. Honda has over 25 years of experience as a C-suite leader and is currently serving as the Chief Administrative Officer for Barracuda Networks, a cybersecurity and data protection company.

Hillman Appoints Diane Honda to Board of Directors

CINCINNATI, May 23, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, today announced it will participate in the following investor conferences during June 2023.

Hillman Announces Participation at Upcoming Investor Conferences During June 2023

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CINCINNATI, May 15, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, today announced the closing of the previously announced underwritten public offering of shares of the Company's common stock (the “Offering”) by funds affiliated with CCMP Capital Advisors, LP (the “Selling Stockholders”) of their remaining 22,455,000 shares of the Company's common stock (the “Shares”). The Shares were sold to the underwriters at a price of $7.6888 per share.

Hillman Closes Secondary Offering of Common Stock by Selling Stockholders

Hillman Solutions Corp. (NASDAQ:HLMN ) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Michael Koehler - Vice President of Investor Relations and Treasury Douglas Cahill - Chairman, President and Chief Executive Officer Robert Kraft - Chief Financial Officer Conference Call Participants Lee Jagoda - CJS Securities Michael Hoffman - Stifel David Manthey - Baird Stephen Volkmann - Jefferies Elizabeth Langan - Barclays Reuben Garner - Benchmark Operator Good morning and welcome to the First Quarter 2023 Results Presentation for Hillman Solutions Corp. My name is Amber and I will be your conference call operator today. Before we begin, I'd like to remind our listeners that today's presentation is being recorded and simultaneously webcast.

Hillman Solutions Corp. (HLMN) Q1 2023 Earnings Call Transcript

CINCINNATI, May 12, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, announced that Joseph Scharfenberger, Jr., Co-Managing Partner of CCMP Capital (“CCMP”), and Richard Zannino, Managing Director of CCMP, have stepped down from Hillman's board of directors, effective May 11, 2023.

Hillman Announces Directors from Private Equity Firm Step Down from Board Following Final Share Sale

CINCINNATI, May 10, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, today announced the pricing of the previously announced underwritten public offering of 22,455,000 shares of the Company's common stock (the “Offering”) by funds affiliated with CCMP Capital Advisors, LP (the “Selling Stockholders”). The shares will be offered for sale from time to time in one or more transactions on the Nasdaq Stock Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, subject to receipt and acceptance by the underwriters and subject to their right to reject any order in whole or in part. The Offering is expected to close on or about May 15, 2023, subject to the satisfaction of customary closing conditions.

Hillman Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

CINCINNATI, May 10, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, today announced that funds affiliated with CCMP Capital Advisors, LP (the “Selling Stockholders”) intend to offer for sale their remaining interest in the Company, 22,455,000 shares of the Company's common stock, through an underwritten public offering (the “Offering”). The Offering consists entirely of shares of common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.

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