NASDAQ$HLMN
Hillman Solutions Corp · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Hillman Solutions reported mixed results for Q1 2024, with a slight increase in net sales but a net loss, alongside significant growth in adjusted EBITDA and adjusted EPS.
Hillman Solutions Corp. reported a slight increase in net sales for Q1 2024, reaching $350.3 million, while experiencing a net loss of $(1.5) million. However, the company saw significant improvements in adjusted diluted EPS, which rose to $0.10, and adjusted EBITDA, which increased to $52.3 million. The acquisition of Koch Industries was finalized during the quarter, marking a milestone for Hillman's growth strategy.
- Net sales increased slightly to $350.3 million, a 0.2% increase compared to the prior year quarter.
- Net loss totaled $(1.5) million, an improvement from the $(9.1) million loss in the prior year quarter.
- Adjusted EBITDA increased to $52.3 million, compared to $40.2 million in the prior year quarter.
- The acquisition of Koch Industries was finalized, expanding the product portfolio.
Headline financials
Revenue & EPS history
Hillman Solutions · Revenue · Quarterly
$350M
Forward guidance
Hillman reiterated its full year 2024 guidance, originally provided on February 22, 2024, based on its current view of the market and performance expectations.
Tailwinds
- Net Sales are expected to be between $1.475 billion and $1.555 billion.
- Adjusted EBITDA is projected to be in the range of $230 million to $240 million.
- Free Cash Flow is anticipated to be between $100 million and $120 million.
- Guidance was reiterated based on current market view.
- Company is confident in delivering strong results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
-1.0%
Avg return
Earnings day
-0.4%
Avg return
5 days after
-0.6%
Avg return
30 days after
41%
9 / 22 earnings
Positive
+8.8%
Q4 2023
Best reaction
-10.1%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.0% | -10.5% | -14.5% | |
| Q4 2025 | -10.1% | -11.0% | -21.2% | |
| Q3 2025 | -2.9% | -5.6% | -3.1% | |
| Q1 2025 | -7.4% | -5.7% | -1.7% | |
| Q4 2024 | -2.1% | -3.3% | -13.2% | |
| Q3 2024 | +3.8% | +4.1% | +4.4% | |
| Q2 2024 | +3.4% | +3.0% | +7.2% | |
| Q1 2024 | -4.2% | -4.3% | -10.7% | |
| Q4 2023 | +8.8% | +8.8% | +15.2% | |
| Q3 2023 | -1.9% | -0.7% | +15.2% | |
| Q2 2023 | -6.1% | -5.1% | -13.2% | |
| Q1 2023 | +1.4% | +0.5% | +8.9% | |
| Q4 2022 | +3.0% | +0.0% | -12.6% | |
| Q3 2022 | +7.4% | +3.5% | +15.4% | |
| Q2 2022 | -9.7% | -6.1% | -20.3% | |
| Q1 2022 | +6.0% | +6.6% | +6.4% | |
| Q4 2021 | +8.2% | +17.7% | +33.9% | |
| Q3 2021 | -5.3% | -1.7% | -9.8% | |
| Q2 2021 | +3.3% | +4.2% | -0.4% | |
| Q1 2021 | -8.0% | -5.9% | +1.9% | |
| Q4 2020 | -2.8% | +1.1% | -0.3% | |
| Q4 2019 | -2.8% | +1.1% | -0.3% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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