NASDAQ$HLMN

Hillman Solutions Corp · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Hillman Solutions experienced a decrease in net sales and operating income, while adjusted EBITDA also declined due to supply chain challenges and the unwinding of Covid-related products.

Hillman Solutions Corp. reported a decrease in net sales for the third quarter of 2021 by 8.6% to $364.5 million. Operating income decreased significantly by 137.9% to $(13.3) million, and adjusted EBITDA decreased by 24.6% to $56.5 million.

  • Net sales decreased by 8.6% to $364.5 million compared to the prior year quarter.
  • Operating income decreased by 137.9% to $(13.3) million compared to the prior year quarter.
  • Adjusted EBITDA decreased by 24.6% to $56.5 million compared to the prior year quarter.
  • Hardware Solutions, RDS, and Canadian businesses performed well despite supply chain challenges.

Headline financials

Total Revenue

$353M

Previous: $451M-21.8%
EPS (adj)

$0.04

Previous: -$0.12+133.3%
Adjusted EBITDA

$56.5M

Previous: $75M-24.6%
Free Cash Flow

-$32.5M

No prior period
Net Income

-$32.5M

No prior period
Operating Income

-$13.3M

Previous: $65.3M-120.4%
Gross Profit

$116M

Previous: $1.04B-88.9%
Cash & Equivalents

$14.4M

No prior period
Total Assets

$2.59B

Previous: $377K+685752.1%
Stock-Based Comp

$5.28M

Previous: $3.82M+38.3%

Revenue & EPS history

Hillman Solutions · Revenue · Quarterly

$353M

Q3 2021-21.8%vs Q3 2020
Beat estimate in 4 of 9 quarters(44%)
ActualEstimate

Forward guidance

No specific forward guidance was provided in the press release.

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 Q3 2021

Historical avgQ3 2021

-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

Earnings price reactions
QuarterReport dateReaction (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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