Highest-materiality recent filing
Preliminary Q2 net sales $440-444M (+9-10% YoY); operating income $40-42M (+10-16%).
Hillman Solutions shareholders elect all six directors, approve say-on-pay and auditor
All six director nominees elected; votes ranged from 159.9M to 164.5M for each.
Net sales $370.1M (+3% YoY); net loss $(4.7)M vs $(0.3)M; adjusted diluted EPS $0.07 vs $0.10.
Hillman targets $2.5B revenue by 2030, 8-12% CAGR; reaffirms 2026 guide
Targets $2.5B net sales by 2030, implying 8%-12% revenue CAGR from 2025 base.
Hillman Solutions reports record FY2025 net sales of $1.55B (+5.4% YoY); guides FY2026 $1.6-1.7B
Q4 net sales $365.1M (+4.5% YoY); net income $1.6M vs loss of $1.2M in Q4 2024.
Record Q3 net sales $424.9M, Adj. EBITDA $88.0M; FY25 Adj. EBITDA guidance raised to $270-275M
Net sales up 8.0% YoY to record $424.9M; net income $23.2M ($0.12 diluted EPS) vs $7.4M ($0.04) prior year.
Hillman Solutions enters separation agreement with President of Hillman Canada, Scott Ride
Scott Ride, President of Hillman Canada, to depart Sept 29, 2025; separation agreement filed.
Hillman Canada President Scott C. Ride to depart Sept 29 due to reorganization
Scott C. Ride, President of Hillman Canada, notified of personnel reorganization.
Hillman Q2 net sales +6.2% to $402.8M; raises guidance mid-point; board authorizes $100M buyback
Q2 net sales $402.8M (+6.2% YoY); net income $15.8M ($0.08 diluted EPS); adjusted EBITDA $75.2M.
Hillman shareholders approve 1.8M share increase to equity plan and 1M to ESPP at annual meeting
Stockholders approved 2021 Equity Incentive Plan amendment adding 1,800,000 shares to the share pool.
Hillman Q1 net sales up 2.6% to $359.3M; reiterates full-year guidance but withdraws FCF outlook
Net sales $359.3M (+2.6% YoY); net loss improved to $0.3M from $1.5M loss.
Hillman Q4 net sales up 0.5% to $349.6M; record 2024 adj. EBITDA; CEO joins board
Q4 net sales $349.6M (+0.5% YoY); net loss $(1.2)M improved from $(10.1)M prior year.
Hillman Q3 adjusted EPS $0.16 vs $0.11 YoY; raises FY adjusted EBITDA guidance to ~$250M
Net sales $393.3M, down 1.4% YoY; adjusted EBITDA $72.6M vs $66.8M.
Hillman Q2 beats on profitability; raises FY EBITDA guidance; names COO Adinolfi as next CEO
Q2 net sales $379.4M (-0.2% YoY); adj. EPS $0.16 vs $0.13 prior year; net income $12.5M.
Board declassification approved; directors elected for terms expiring 2027.
Hillman Solutions stockholders approve 2M share addition to 2021 Equity Plan
Stockholders approved amendment increasing share pool by 2,000,000 shares for equity awards.
Hillman Q1 net loss narrows to $1.5M; adj. EBITDA up 30% to $52.3M
Net sales $350.3M (+0.2% YoY); net loss $(1.5M) vs $(9.1M) prior year.
Hillman reprices $752M term loan, cuts interest margin by 25 bps to SOFR+250
Expected annualized interest savings of ~$2.6M before one-time fees of ~$1.4M.
Hillman Q4 net sales $347.8M, adj EPS $0.10; guides FY2024 EBITDA $230-240M
Q4 net sales $347.8M (-0.8% YoY; +3.8% ex-14th week); net loss $(10.1)M vs $(13.9)M prior.
Net sales $398.9M (+5.4% YoY); net income $5.1M vs loss $9.5M; adjusted diluted EPS $0.11 vs $0.14.
Hillman Q2 net sales down 3.6% to $380M; adjusted EPS $0.13 vs $0.14; FY guidance reiterated
Q2 net income $4.5M ($0.02 diluted EPS) vs $8.8M ($0.04) prior year; net sales $380.0M (-3.6%).
Hillman appoints Diane Honda to board effective May 31; promotes Adinolfi to COO
Diane Honda (Barracuda Networks CAO) appointed independent director; board reduced to nine, eight independent.
Hillman Solutions closes secondary offering of 22.45M shares by CCMP affiliates at $7.69/sh
Selling stockholders (CCMP funds) sold 22,455,000 shares in underwritten public offering.
Hillman directors Scharfenberger and Zannino resign as CCMP exits via secondary offering
Joseph Scharfenberger and Richard Zannino resigned from board and Compensation Committee effective May 11, 2023.
Hillman Q1 net sales down 3.7% to $349.7M; net loss widens to $9.1M; guidance reaffirmed
Net sales $349.7M, down 3.7% YoY; net loss $(9.1)M vs $(1.9)M loss in prior year quarter.
Hillman Solutions closes secondary offering of 28.75M shares at $8.00; no proceeds to company
Selling stockholders sold 28,750,000 shares at $8.00 per share, including full exercise of 3.75M share overallotment.
Hillman Solutions Q4 net loss $13.9M; FY2022 adj. EBITDA $210.2M; guides FY2023 EBITDA $215-235M
Q4 net sales $350.7M (+1.8% YoY); net loss $(13.9)M vs income $6.5M prior year.
Hillman Q3 sales up 3.9% to $378.5M; adj. EPS $0.14; guidance narrowed
Net sales $378.5M (+3.9% YoY); net loss improved to $(9.5)M from $(32.5)M.
Hillman Q2 sales up 4.9% to $394.1M; lowers FY2022 guidance to low end of ranges
Net income $8.8M ($0.04) vs loss $3.4M prior year; adjusted EPS $0.14 vs $0.24.
Stockholders elect three directors, approve say-on-pay and auditor at 2022 annual meeting
Douglas Cahill, Joseph Scharfenberger, Richard Zannino elected as directors with terms expiring 2025.
Hillman Q1 sales up 6.4% to $363M; adj. EBITDA falls 7.9%; guidance reiterated
Net sales $363M (+6.4% YoY); net loss improved to $(1.9)M from $(9.0)M.
Selling stockholders sold 14,950,000 shares at $10.00 each, including 1.95M shares from full exercise of overallotment option.
Hillman reports preliminary Q1 net sales up 6.3% to $363M; Adj. EBITDA down 8% to $44M
Net sales $363.0M vs $341.3M prior year (+6.3%).
Hillman Solutions dismisses KPMG as auditor, engages Deloitte for FY2022 audit
Audit Committee approved engagement of Deloitte & Touche as independent auditor for year ending Dec 31, 2022, replacing KPMG.
Hillman Q4 net sales $344.5M (+5.3% YoY); GAAP net income $6.5M; adjusted EBITDA down 10.4%
Q4 net sales $344.5M, up 5.3% from $327.1M; GAAP net income of $6.5M vs loss of $14.0M in prior year.
Hillman Solutions sets June 14, 2022 annual meeting; shareholder proposals due Feb 26
Annual meeting date: June 14, 2022; record date for voting: April 18, 2022.
Hillman Solutions completes redemption of all outstanding warrants; ~97% exercised cashless
Company redeemed all 16,666,628 Public Warrants at $0.10 each as of Dec 22, 2021.
Hillman Solutions redeems outstanding warrants and voluntarily delists them from Nasdaq
All warrants (HLMNW) with $11.50 exercise price are being redeemed per Warrant Agreement.
Hillman Solutions calls for redemption of all outstanding warrants at $0.10 each
Public and private warrants redeemable at $0.10 per warrant; deadline 5:00 p.m. ET on December 22, 2021.
Hillman Solutions posts Q3 operating loss of $13.3M; sales down 8.6%
Net sales $364.5M (-8.6% YoY); operating income -$13.3M vs $35.1M profit prior year.
Hillman Q2 net sales +8.4% to $375.7M; adj. EBITDA +4.6% to $64.5M; operating income down 5.9%
Net sales $375.7M (Q2 2021), up 8.4% from $346.7M a year ago.
Hillman Solutions files 8-K/A with Q2 financials post-SPAC merger; net sales up 8.4% to $375.7M
Net sales for the thirteen weeks ended June 26, 2021, were $375.7M, up from $346.7M a year ago.
Hillman Solutions replaces auditor Marcum with KPMG after completing business combination
Marcum was dismissed as independent auditor on July 29, 2021; KPMG engaged same day.
Business combination closed July 14, 2021; aggregate consideration ~$939.6M paid in 137,569,511 shares of common stock.
Landcadia III reports zero stockholder redemptions; Hillman deal approval expected
No stockholder redemptions of public shares in connection with the proposed Hillman business combination.
Landcadia stockholders approve merger with Hillman Holdco; all proposals pass
Business Combination Proposal approved: 51,503,549 for, 2,573 against, 7,630 abstain.
Jefferies net deferred underwriting commission of $13M after up to $4.5M allocated to other banks.
appointed Jon Michael Adinolfi, Chief Executive Officer and President of the Company, to join the Board as a director effective as of February 13, 2025.
Current Chairman, CEO, and President Douglas J. Cahill, age 64, will step down from the CEO and President position, effective January 1, 2025, and remain as Chair of the Board of Directors serving under the new position of Executive Chairman.
On August 1, 2024, the Board of Directors of Hillman Solutions Corp. (the “Company’) appointed Jon Michael Adinolfi to the position of Chief Executive Officer (“CEO”) and President of the Company, effective January 1, 2025.
On June 6, 2023, the Company announced that the Board promoted Jon Michael Adinolfi to Chief Operating Officer.
On May 31, 2023, upon the recommendation of the Nominating and ESG Committee, the Board of Directors (the “Board”) of Hillman Solutions Corp. (the “Company”) appointed Diane C. Honda, Chief Administrative Officer, General Counsel & Secretary of Barracuda Networks since 2012, to join the Board as an independent director, effective as of May 31, 2023.
On May 11, 2023, Joseph M. Scharfenberger, Jr. and Richard F. Zannino, each a member of the Board of Directors (the “ Board ”) of Hillman Solutions Corp. (the “ Company ”), notified the Company of their decision to resign, effective immediately, from their positions as members of the Board and as members of the Compensation Committee of the Board.
On May 11, 2023, Joseph M. Scharfenberger, Jr. and Richard F. Zannino, each a member of the Board of Directors (the “ Board ”) of Hillman Solutions Corp. (the “ Company ”), notified the Company of their decision to resign, effective immediately, from their positions as members of the Board and as members of the Compensation Committee of the Board.
Douglas Cahill, Joseph Scharfenberger, Richard Zannino, Daniel O’Leary, John Swygert, Aaron Jagdfeld, David Owners, Philip Woodlief, Diana Dowling and Teresa Gendron were appointed as directors of the Company, with Douglas Cahill appointed Chairman.
Douglas Cahill, Joseph Scharfenberger, Richard Zannino, Daniel O’Leary, John Swygert, Aaron Jagdfeld, David Owners, Philip Woodlief, Diana Dowling and Teresa Gendron were appointed as directors of the Company, with Douglas Cahill appointed Chairman.
Douglas Cahill was appointed as President and Chief Executive Officer; Robert Kraft was appointed as Chief Financial Officer and Treasurer; and Steven Brunker was appointed as Chief Information Officer.
Douglas Cahill, Joseph Scharfenberger, Richard Zannino, Daniel O’Leary, John Swygert, Aaron Jagdfeld, David Owners, Philip Woodlief, Diana Dowling and Teresa Gendron were appointed as directors of the Company, with Douglas Cahill appointed Chairman.
Douglas Cahill, Joseph Scharfenberger, Richard Zannino, Daniel O’Leary, John Swygert, Aaron Jagdfeld, David Owners, Philip Woodlief, Diana Dowling and Teresa Gendron were appointed as directors of the Company, with Douglas Cahill appointed Chairman.
Max materiality 0.90 · Median 0.60 · Most common event earnings