Hillman Solutions(NASDAQ) HLMN

Hillman Solutions Corp. makes the small parts that keep houses and buildings together. It helps people find the right screws, keys, and tools at their local hardware stores. These products are essential for everyday home repairs and professional construction projects.

What Is in the Toolbox?

• Hardware and Protective Solutions: Fasteners, anchors, bolts, screws, and personal protective equipment like gloves; accounts for 76.0% of net sales in the thirteen weeks ended June 27, 2026.
• Robotics and Digital Solutions: Automated kiosks that duplicate keys and engrave identification tags in retail stores; accounts for 13.9% of net sales in the thirteen weeks ended June 27, 2026.
• Canada: Distribution of hardware parts and tools to retail outlets across the Canadian market; accounts for 10.1% of net sales in the thirteen weeks ended June 27, 2026.

Recent Growth and Acquisitions

• Acquired Campbell Chain and Fittings on April 3, 2026, to add U.S.-based manufacturing for industrial chain products.
• Completed the acquisition of Delaney Hardware on April 10, 2026, expanding the segment for residential and commercial door hardware.
• Filed a lawsuit in April 2026 seeking a full refund of all tariffs paid under the International Emergency Economic Powers Act.
• Invested $32.6 million in the twenty-six weeks ended June 27, 2026, to deploy new key duplicating kiosks and merchandising racks.

The Service Advantage

Hillman manages the complex inventory of thousands of small parts by providing in-store merchandising services and automated kiosks. These solutions help retailers maintain stock levels and offer specialized services like key cutting without needing additional staff.

Financial Performance Highlights

• Net sales were $442.3 million for the thirteen weeks ended June 27, 2026, an increase of 9.8% year over year.
• Net income reached $21.1 million in the thirteen weeks ended June 27, 2026, compared to $15.8 million for the same period in 2025.
• Adjusted EBITDA was $127.2 million for the twenty-six weeks ended June 27, 2026, down from $129.8 million in the twenty-six weeks ended June 28, 2025.
• Working capital increased to $422.9 million as of June 27, 2026, from $388.9 million on Dec. 27, 2025.
• Net cash provided by operating activities was $68.5 million for the twenty-six weeks ended June 27, 2026.

Bottom Line

Hillman has evolved from a simple hardware distributor into a specialized service and technology partner for major North American retailers. By combining essential building components with automated key-cutting robotics, the company maintains a critical role in the home improvement supply chain.