Hillman Solutions Q4 2021 Earnings Report

Hillman Solutions' Q4 2021 performance reflected a sales increase and a net income recovery from the previous year, though adjusted EBITDA experienced a decrease.

Key Takeaways

Hillman Solutions Corp. reported a 5.3% increase in net sales for Q4 2021, reaching $344.5 million. GAAP net income was $6.5 million, a significant improvement from the prior year's net loss of $14.0 million. However, adjusted EBITDA decreased by 10.4% to $38.6 million.

Net sales increased by 5.3% to $344.5 million compared to the prior year quarter.

GAAP net income was $6.5 million, compared to a loss of $14.0 million in the prior year.

Adjusted EBITDA decreased by 10.4% to $38.6 million compared to the prior year quarter.

Full year net sales increased by 4.2% to $1,426.0 million compared to 2020.

Previous year: -$0.15

-140.0%