Hillman Solutions Corp. Reports Q1 2025 Financial Results

Hillman Solutions Corp. ( (HLMN) ) has released its Q1 earnings. Here is a breakdown of the information Hillman Solutions Corp. presented to its investors.

Hillman Solutions Corp., a prominent provider of hardware products and merchandising solutions, serves home improvement, hardware, and farm and fleet retailers across North America. The company is known for its extensive product portfolio and robust distribution network.

In the first quarter of 2025, Hillman Solutions Corp. reported a 2.6% increase in net sales, reaching $359.3 million. Despite a net loss of $0.3 million, the company maintained an adjusted diluted EPS of $0.10, consistent with the previous year. The adjusted EBITDA rose to $54.5 million, indicating a positive trend in operational efficiency.

Key financial metrics include a slight increase in gross debt to $740 million and a net debt of $703.7 million. The company’s liquidity stood at $200.9 million, with significant borrowing capacity under its revolving credit facility. However, free cash flow was negative, totaling $(21.3) million, a decline from the previous year’s $(6.1) million.

Looking ahead, Hillman Solutions Corp. remains optimistic about its growth prospects, reaffirming its full-year guidance for net sales and adjusted EBITDA. The company is focused on mitigating tariff impacts and diversifying its supply chain to strengthen its market position. Despite withdrawing its free cash flow guidance due to tariff uncertainties, Hillman aims to manage its leverage ratio effectively by year-end.