Quarterly ResultApr 27, 2026, 04:43 PM
HLMN Q1 Net Sales +3.0% to $370.1M; Net Loss $(4.7)M; Raises FY26 Sales Guidance
AI Summary
Hillman Solutions Corp. reported Q1 2026 financial results with net sales increasing 3.0% to $370.1 million, but a net loss of $(4.7) million and adjusted diluted EPS of $0.07. Subsequent to quarter end, the company closed two acquisitions, Campbell Chain & Fittings and Delaney Hardware, expanding its Industrial MRO and Pro Distribution presence. Consequently, Hillman increased its FY 2026 Net Sales guidance to $1.630-$1.730 billion while reiterating Adjusted EBITDA and Free Cash Flow guidance.
Key Highlights
- Closed two acquisitions post-quarter end: Campbell Chain & Fittings and Delaney Hardware, expanding Industrial MRO and Pro Distribution.
- Net sales increased 3.0% to $370.1 million in Q1 2026, up from $359.3 million in the prior year quarter.
- Net loss totaled $(4.7) million, or $(0.02) per diluted share, compared to $(0.3) million in the prior year.
- Adjusted diluted EPS was $0.07, down from $0.10 in the prior year quarter.
- Adjusted EBITDA totaled $50.1 million, compared to $54.5 million in the prior year quarter.
- Increased FY 2026 Net Sales guidance to $1.630-$1.730 billion from $1.600-$1.700 billion.
- Repurchased approximately 1.2 million shares for $10.1 million at an average price of $8.29 per share.
- Net cash used by operating activities was $(19.5) million, compared to $(0.7) million in the prior year quarter.