earnings
confidence high
sentiment negative
materiality 0.55
Hillman Q4 net sales $344.5M (+5.3% YoY); GAAP net income $6.5M; adjusted EBITDA down 10.4%
Hillman Solutions Corp.
- Q4 net sales $344.5M, up 5.3% from $327.1M; GAAP net income of $6.5M vs loss of $14.0M in prior year.
- Q4 adjusted EBITDA $38.6M, down 10.4% from $43.1M YoY.
- FY2021 net sales $1,426.0M (+4.2% YoY); GAAP net loss widens to $38.3M from $24.5M in 2020.
- FY2021 adjusted EBITDA $207.4M, down 6.2% from $221.2M in 2020.
- CEO says company closed 2021 on sturdy footing; investments position for future growth.