secwatch.observer — SEC 8-K summary
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Issuer:     Hillman Solutions Corp. (HLMN)
CIK:        0001822492
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001822492-24-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hillman Q4 net sales $347.8M, adj EPS $0.10; guides FY2024 EBITDA $230-240M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822492/000182249224000021/0001822492-24-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822492/000182249224000021/hlmn-20240222.htm
  HTML page:      https://secwatch.observer/filing/0001822492-24-000021

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