NASDAQ$HLMN

Hillman Solutions Corp · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Hillman Solutions reported a record fourth quarter for 2024 with increased net sales and improved profitability.

Hillman Solutions delivered strong financial results in Q4 2024, with net sales increasing slightly to $349.6 million. The company significantly reduced its net loss compared to the prior year and maintained its adjusted diluted EPS. Adjusted EBITDA also improved, reflecting operational efficiencies and cost management.

  • Net sales increased 0.5% to $349.6 million.
  • Net loss narrowed to $1.2 million from $10.1 million in the prior year.
  • Adjusted diluted EPS remained at $0.10 per share.
  • Adjusted EBITDA grew to $56.3 million from $54.4 million.

Headline financials

Total Revenue

$350M

Previous: $348M+0.5%
EPS (adj)

$0.10

Previous: $0.10+0.0%
Adjusted EBITDA

$56.3M

Previous: $54.4M+3.4%
Net Debt to TTM Adjusted EBITDA

2.8%

No prior period
Gross Debt

$719M

No prior period
Net Debt

$674M

No prior period
Capital Expenditures

-$21M

Previous: -$13.6M-54.3%
Net Income

-$1.22M

Previous: -$10.1M+87.9%
Operating Income

$14M

Previous: $4.3M+225.5%
Gross Profit

$167M

Previous: $163M+2.6%

Revenue & EPS history

Hillman Solutions · Revenue · Quarterly

$350M

Q4 2024+0.5%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

Hillman expects continued revenue and profitability growth in 2025, with plans for strategic investments and operational improvements.

Tailwinds

  • Net sales expected to grow between $1.495 billion and $1.575 billion.
  • Adjusted EBITDA projected between $255 million and $275 million.
  • Strong focus on organic growth through customer acquisitions.
  • Continued investment in MinuteKey 3.5 fleet and other growth opportunities.
  • Expected improvements in operational efficiency and cost structure.

Headwinds

  • Soft macroeconomic environment may impact growth.
  • Rising supply chain costs could affect profitability.
  • Increased capital investments may temporarily reduce cash flow.
  • Competitive pressures in the hardware solutions market.
  • Potential risks from customer concentration and industry demand fluctuations.

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 Q4 2024

Historical avgQ4 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

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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