Quarterly ResultApr 28, 2026, 07:46 AM
HLMN Q1 Net Sales $370.1M (+3%); Net Loss $(4.7M) vs $(0.3M)
AI Summary
Hillman Solutions Corp. reported a net loss of $(4.7) million for the thirteen weeks ended March 28, 2026, a significant increase from the $(0.3) million net loss in the prior year period, despite a 3% rise in net sales to $370.1 million. The company also disclosed a lawsuit filed on April 15, 2026, seeking a full refund of IEEPA tariffs paid, with a potentially material financial impact. Additionally, HLMN repurchased $10.1 million of common stock during the quarter.
Key Highlights
- Q1 2026 net sales rose 3% to $370.1 million from $359.3 million.
- Q1 2026 net loss was $(4.7) million, compared to $(0.3) million in Q1 2025.
- Basic and diluted net loss per share was $(0.02) for Q1 2026.
- Filed lawsuit on April 15, 2026, seeking full refund of IEEPA tariffs.
- Repurchased $10.1 million of common stock (1,221k shares) in Q1 2026.
- Hardware and Protective Solutions revenue reached $281.3 million.
- Robotics and Digital Solutions revenue was $56.1 million.
- Canada segment revenue totaled $32.7 million.
Price Impact
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