---
schema_version: "secwatch.filing_event.v1"
accession: "0001822492-23-000160"
form_type: "8-K"
ticker: "HLMN"
cik: "0001822492"
company_name: "Hillman Solutions Corp."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T10:28:33.088653+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hillman Q3 net sales up 5.4% to $398.9M; adjusted EBITDA $66.8M; narrows FY guidance, raises FCF outlook

## Summary
- Net sales $398.9M (+5.4% YoY); net income $5.1M vs loss $9.5M; adjusted diluted EPS $0.11 vs $0.14.
- Adjusted EBITDA $66.8M (+13% YoY); YTD free cash flow $119.3M vs $16.8M in prior year.
- Gross debt reduced to $811.1M from $918.8M at Dec 31 2022; net leverage ratio improved to 3.7x.
- FY 2023 guidance narrowed: sales $1.455-1.485B, EBITDA $215-220M; FCF raised to $135-155M.
- Management expects sequential gross margin expansion in Q4; cites resilient repair/maintenance demand.

## SEC filing metadata
- accession: 0001822492-23-000160
- form_type: 8-K
- ticker: HLMN
- cik: 0001822492
- company_name: Hillman Solutions Corp.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822492/000182249223000160/0001822492-23-000160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822492/000182249223000160/hlmn-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822492-23-000160
- JSON: https://secwatch.observer/filing/0001822492-23-000160.json
- Plain text: https://secwatch.observer/filing/0001822492-23-000160.txt

## Key facts
- Earnings Releases
  Hillman Solutions Corp. reported thirteen and thirty-nine weeks ended September 30, 2023 results: revenue Net sales increased 5.4% to $398.9 million, net income Net income totaled $5.1 million, or $0.03 per diluted share, EPS $0.03 per diluted share.
  - Period: thirteen and thirty-nine weeks ended September 30, 2023
  - Revenue: Net sales increased 5.4% to $398.9 million
  - Net income: Net income totaled $5.1 million, or $0.03 per diluted share
  - EPS: $0.03 per diluted share
  - Result: reported results
  source text: financial results for the thirteen and thirty-nine weeks ended September 30, 2023. Third Quarter 2023 Highlights (Thirteen weeks ended September 30, 2023) • Net sales increased 5.4% to $398.9 million compared to $378.5 million in the prior year quarter • Net income totaled $5.1 million, or $0.03 per diluted share, compared to net loss of $(9.5) million, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822492/000182249223000160/0001822492-23-000160-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.