The earnings call presented a mixed sentiment with positive growth in several segments and an increase in adjusted EBITDA. However, significant challenges were noted due to the impact of tariffs, a decline in Canadian sales, and negative free cash flow. The company is confident in its ability to navigate these challenges, but uncertainty remains regarding the impact of tariffs on future performance.
Company Guidance
During the first quarter of 2025, Hillman Solutions Corp. reported net sales of $359.3 million, marking a 2.6% increase from the prior year, driven by the Intex acquisition, which contributed four points of growth. Adjusted EBITDA rose by 4.2% to $54.5 million, with margins improving by 30 basis points to 15.2%. Despite the geopolitical and economic challenges, including tariffs anticipated to impact costs by $250 million annually, Hillman reiterated its full-year guidance for net sales between $1.495 billion and $1.575 billion and adjusted EBITDA between $255 million and $275 million. The company plans to mitigate tariff impacts through price increases and optimizing its supply chain, aiming to reduce reliance on Chinese suppliers to 20% by year-end. Additionally, adjusted gross margins slightly declined to 46.9%, with the Hardware and Protective Solutions segment seeing a 5.6% increase in sales, and Robotics and Digital Solutions growing by 1.9%. Despite challenges in the Canadian market, Hillman remains confident in its long-term resilience and partnerships.
Net Sales Increase
Net sales in the first quarter of 2025 totaled $359.3 million, an increase of 2.6% compared to the first quarter of 2024.
Adjusted EBITDA Growth
Adjusted EBITDA increased by 4.2% to $54.5 million compared to $52.3 million last year, with EBITDA margins improving by 30 basis points to 15.2%.
Hardware and Protective Solutions Performance
The Hardware and Protective Solutions segment saw net sales increase by 5.6%, with adjusted EBITDA increasing by 15.8% to $37.4 million.
RDS Business Return to Growth
Net sales in Robotics and Digital Solutions (RDS) were up 1.9% versus the year-ago quarter, reflecting a positive performance from the MinuteKey 3.5 rollout.
Hillman Solutions (HLMN) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HLMN Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 29, 2025
$7.57
$7.01
-7.40%
Feb 18, 2025
$10.36
$10.14
-2.12%
Nov 05, 2024
$10.73
$11.09
+3.36%
Aug 06, 2024
$9.06
$9.76
+7.73%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hillman Solutions Corp. (HLMN) report earnings?
Hillman Solutions Corp. (HLMN) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Hillman Solutions Corp. (HLMN) earnings time?
Hillman Solutions Corp. (HLMN) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.