Earnings Releases·Nov 2, 2026, 4:39 PM ET

Hillman Solutions Corp. — Third Quarter 2026 Earnings Summary

Net sales rose 7.7% year-over-year to $457.5 million, while net income declined to $6.3 million ($0.03/share) from $23.2 million ($0.12/share); adjusted diluted EPS remained flat at $0.22 and adjusted EBITDA increased to $90.2 million.
Management narrowed full-year 2026 net sales guidance to $1.660–$1.680 billion (down from $1.670–$1.720 billion) but reaffirmed adjusted EBITDA guidance of ~$285 million and free cash flow guidance of $105–$115 million.
The company completed the acquisition of Kanebridge, a leading master distributor of industrial fasteners, and reported the Robotics and Digital Solutions segment grew 19.2% in the quarter.
Capital structure changes included a refinancing of credit facilities and a $200 million term loan for the Kanebridge acquisition, resulting in net debt rising to $932.6 million (3.4x EBITDA) from $665.8 million (2.4x EBITDA) at year-end 2025.
The company repurchased approximately 0.6 million shares for $5.0 million during the quarter and highlighted strong free cash flow generation of $51.1 million.