Hillman Q1 net sales down 3.7% to $349.7M; net loss widens to $9.1M; guidance reaffirmed

Hillman Solutions Corp.

2023-Q1 EPS reported -$0.05 revenue$349,707,000

Net sales $349.7M, down 3.7% YoY; net loss $(9.1)M vs $(1.9)M loss in prior year quarter.
Adjusted diluted EPS $0.06 vs $0.09 YoY; Adjusted EBITDA $40.2M compared to $44.0M.
Free cash flow improved to $13.4M from $(16.1)M; net debt to trailing 12-month EBITDA 4.2x.
FY2023 guidance reaffirmed: net sales $1.45-1.55B, Adjusted EBITDA $215-235M, FCF $125-145M.
CEO Doug Cahill cites strong FCF and inventory reduction; hardware demand stable with low housing exposure.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Hillman Solutions Corp. reported thirteen weeks ended April 1, 2023 results: revenue $349.7 million, net income $(9.1) million, EPS $(0.05) per diluted share. Guidance reaffirmed.

Period: thirteen weeks ended April 1, 2023
Revenue: $349.7 million
Net income: $(9.1) million
EPS: $(0.05) per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

reported financial results for the thirteen weeks ended April 1, 2023. First Quarter 2023 Highlights Thirteen weeks ended April 1, 2023 • Net sales decreased (3.7)% to $349.7 million compared to $363.0 million in the prior year quarter • Net loss totaled $(9.1) million, or $(0.05) per diluted share, compared to net loss of $(1.9) million, or $(0.01) per

View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

Hillman Solutions Corp. filing history →

Source: SEC EDGAR

accession 0001822492-23-000084

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.