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Hillman Solutions Corp. HLMN Hardware and Protective Solutions — Adjusted selling expense

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Other financials

Income statement

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Revenue$370.1M+3.0%
Gross profit$168.6M0.0%
Operating income$7.2M-52.0%
Net income-$4.7M-1,393%
EPS (diluted)-$0.02

Balance sheet

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Cash & equivalents$27.7M-23.6%
Total debt$855.2M+0.2%
Total equity$1.2B+2.9%
Total assets$2.4B+1.3%

Cash flow

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Operating cash flow-$19.5M-2,882%
CapEx$14.8M-28.3%
Free cash flow-$34.3M-61.2%

Valuation

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Market cap$1.76B-10.7%
Enterprise value$2.59B-6.2%
P/E49.2×-37.0×
P/S1.1×-0.2×

Profitability

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Gross margin48.4%+0.5pp
Operating margin6.8%+0.9pp
Net margin2.3%+1.0pp
FCF margin1.4%-4.2pp

Returns & leverage

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Return on equity3%+1.3pp
Debt / equity0.7×0.0×
Current ratio+0.5×

Where this comes from

Reported directly by Hillman Solutions Corp. in its filing.

Tagged under the XBRL concept us-gaap:SellingExpense.

The source filing: Hillman Solutions Corp.’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 7:36 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001822492-26-000084
Hardware and Protective SolutionsThirteen weeks ended March 28, 2026Thirteen weeks ended March 29, 2025
Net sales$281,308$278,009
Significant segment expenses
Cost of sales (exclusive of depreciation and amortization)167,293159,223
Adjusted selling expense(1)30,29728,900
Adjusted warehouse expense (2)34,58634,845
Adjusted general and administrative expense(3)17,37316,944
Other segment items(137)(162)
Segment adjusted EBITDA$31,896$38,259

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Hillman Solutions Corp.'s hardware and protective solutions — adjusted selling expense?
Hillman Solutions Corp. (HLMN) reported hardware and protective solutions — adjusted selling expense of $30.3M in Q1 2026.
How has Hillman Solutions Corp.'s hardware and protective solutions — adjusted selling expense changed year-over-year?
Hillman Solutions Corp.'s hardware and protective solutions — adjusted selling expense increased by 4.8% year-over-year, from $28.9M to $30.3M.
What is the long-term trend for Hillman Solutions Corp.'s hardware and protective solutions — adjusted selling expense?
Over 3 years (2022 to 2025), Hillman Solutions Corp.'s hardware and protective solutions — adjusted selling expense has grown at a 6.7% compound annual growth rate (CAGR), from $102M to $124.03M.
What does hardware and protective solutions — adjusted selling expense mean?
This captures the adjusted costs incurred by the segment to market, promote, and sell its hardware and protective products to retail partners. It includes expenses related to sales force compensation, advertising, and merchandising services provided to retail outlets. Monitoring this helps assess the efficiency of the segment's go-to-market strategy and its ability to maintain sales volume relative to marketing investment.

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