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Stock impact report

Hillman Reports Fourth Quarter 2023 Results; Provides 2024 Guidance

Hillman Solutions Corp. (HLMN) 
Company Research Source: GlobeNewswire
CINCINNATI, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen and fifty-two weeks ended December 30, 2023. Fiscal 2023 consisted of fifty-two weeks compared to fifty-three weeks during fiscal 2022 and the fourth quarter of fiscal 2023 consisted of thirteen weeks compared to fourteen weeks during fiscal 2022. Fourth Quarter 2023 Highlights (Thirteen Weeks Ended December 30, 2023) Net sales decreased 0.8% to $347.8 million compared to $350.7 million in the prior year quarter; excluding the 14th week during 2022, net sales increased 3.8% from $335.0 million in 2022Net loss totaled $(10.1) million, or $(0.05) per diluted share, compared to net loss of $(13.9) million, or $(0.07) per diluted share, in the prior year quarterAdjusted Diluted EPS1 was $0.10 per diluted share compared to $0.05 per diluted share in Show less Read more
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