earnings
confidence high
sentiment positive
materiality 0.75
Hillman Q4 net sales $347.8M, adj EPS $0.10; guides FY2024 EBITDA $230-240M
Hillman Solutions Corp.
2023-FY EPS reported
-$0.05
revenue$1,476,477,000
- Q4 net sales $347.8M (-0.8% YoY; +3.8% ex-14th week); net loss $(10.1)M vs $(13.9)M prior.
- Adjusted EBITDA $54.4M vs $45.0M in Q4 2022; FY adjusted EPS $0.41 vs $0.43.
- Net debt reduced to $722M from $888M; net debt/EBITDA improved to 3.3x from 4.2x.
- FY2024 guidance: net sales $1.475-$1.555B, adj EBITDA $230-$240M, FCF $100-$120M.
- Post-year-end acquired Koch Industries (rope/chain), entering new product category.