Hillman Solutions targets $2.5B in sales by 2030

Hillman Solutions (HLMN) is hosting its inaugural Investor Day and CEO Jon Michael Adinolfi commented, “Today we are unveiling our blueprint for value creation, which builds on the strengths of our core fastening and hardware platform while expanding our presence across categories and channels…we believe Hillman is uniquely positioned to capture additional share gains across a growing and largely untapped $18+B market”. Over the next five years, from a base of full year 2025 through full year 2030, the company expects: in revenue, an 8%-12% CAGR, targeting $2.5B in net sales by 2030, driven by core growth, category expansion, pro channel penetration, and M&A; adjusted EBITDA, a low-double-digit CAGR, with continued margin expansion supported by global sourcing agility, operational leverage, and favorable product mix; net leverage, to maintain below 2.5x net debt-to-Adjusted EBITDA ratio, preserving financial flexibility for organic investment and bolt-on acquisitions; ROIC, high-teen percentage target, driven by a scalable platform, approximately 100% average free cash flow conversion of Adjusted Net Income.