earnings
confidence high
sentiment neutral
materiality 0.70
Hillman Q1 sales up 6.4% to $363M; adj. EBITDA falls 7.9%; guidance reiterated
Hillman Solutions Corp.
2022-Q1 EPS reported
-$0.01
revenue$363,013,000
- Net sales $363M (+6.4% YoY); net loss improved to $(1.9)M from $(9.0)M.
- Adjusted diluted EPS $0.09 vs $0.16 prior; Adjusted EBITDA $44.0M vs $47.8M.
- FY2022 guidance reaffirmed: revenue $1.5B-$1.6B, Adj. EBITDA $207M-$227M, FCF $120M-$130M.
- Hardware & Protective EBITDA -29.1% due to inflation & lower PPE; Robotics & Digital rev +10.6%.
- Maintained +94% fill rates; third price increase implemented; secured new customer wins.