Hillman Solutions Corp. ( (HLMN) ) has released its Q2 earnings. Here is a breakdown of the information Hillman Solutions Corp. presented to its investors.
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Hillman Solutions Corp. is a prominent provider of hardware-related products and solutions, catering to home improvement, hardware, and farm and fleet retailers across North America. The company is known for its extensive product portfolio and exceptional customer service, supported by a robust distribution network.
In its latest earnings report, Hillman Solutions Corp. announced a 6.2% increase in net sales for the second quarter of 2025, reaching $402.8 million. The company also reported a net income of $15.8 million, or $0.08 per diluted share, and adjusted diluted earnings per share of $0.17. Additionally, Hillman’s Board of Directors approved a $100 million share repurchase program, reflecting confidence in the company’s financial health.
Key financial highlights include an increase in adjusted EBITDA to $75.2 million, up from $68.4 million in the previous year, despite a decrease in net cash provided by operating activities to $48.7 million. The company’s liquidity remains strong with $246.9 million available, and it has successfully reduced its gross debt to $708.9 million. Hillman also raised the midpoint of its 2025 net sales and adjusted EBITDA guidance, indicating positive expectations for the remainder of the year.
Looking ahead, Hillman Solutions Corp. is optimistic about its growth prospects, driven by strong execution and clarity around tariffs. The company anticipates ending the year with a leverage ratio of around 2.4 times, supported by its strategic initiatives and share repurchase program. Management remains confident in the resilience of its business and its ability to capitalize on long-term growth opportunities.