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Hillman Reports Preliminary Q2 Sales Growth and Debt Refinancing Plan

Hillman reports preliminary Q2 sales growth, stronger operating income, and modest adjusted EBITDA improvement.

Stock Earnings Results

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July 13, 2026

Hillman Solutions Corp. (NASDAQ: HLMN) reported preliminary second-quarter 2026 results with higher sales, stronger operating income, and modest adjusted EBITDA growth while announcing a proposed refinancing of its existing debt.

Hillman is a hardware products and merchandising solutions company that serves retail, pro distribution, and industrial MRO customers with products including fasteners, hardware, work gear, key duplication, engraving, and related store-support services.

The company expects second-quarter net sales of $440 million to $444 million, representing growth of 9% to 10% from the prior-year quarter.

Results Showed Higher Preliminary Sales

Hillman said preliminary second-quarter net sales are expected to range from $440 million to $444 million.

Operating income is expected to range from $40 million to $42 million, up 10% to 16% from the prior-year quarter.

Adjusted EBITDA is expected to range from $76 million to $78 million, up 1% to 4% year-over-year.

The company said these results are preliminary and unaudited, with final second-quarter results scheduled for release after market close on August 3, followed by a conference call on August 4.

Debt Refinancing Plan

Hillman launched a refinancing transaction intended to extend debt maturities.

The proposed refinancing includes a new $735 million senior secured Term Loan B maturing in 2033 and a new $375 million senior secured asset-based revolving credit facility maturing in 2031.

The proceeds are expected to refinance Hillman’s existing Term Loan B due 2028, pay down its existing ABL facility due 2027, cover related fees and expenses, and support general corporate purposes.

The company said there is no assurance the transaction will be completed on the proposed terms or at all.

Guidance Reaffirmed

Hillman reiterated its full-year 2026 financial guidance.

The company continues to expect net sales of $1.63 billion to $1.73 billion.

Adjusted EBITDA is expected to range from $275 million to $285 million.

Free cash flow is expected to range from $100 million to $120 million.

The reaffirmed outlook suggests management remains confident in full-year execution despite the refinancing process and pending final second-quarter results.

Market Focus

Investors are likely watching final second-quarter results, sales growth, operating income, adjusted EBITDA, free cash flow, debt refinancing terms, interest expense, leverage, and whether Hillman can maintain growth across retail, pro distribution, and industrial MRO customers.

The preliminary numbers showed stronger sales, but adjusted EBITDA growth was more modest, making margin and cost trends important when the full results are released.

The Bigger Picture

Hillman’s update was a combination of operating progress and balance sheet management.

The preliminary second-quarter results showed solid sales growth and higher operating income, while the refinancing plan is aimed at pushing out maturities and improving financial flexibility.

The key question is whether Hillman can convert stronger sales into faster profit growth while managing debt costs under the new structure.

Platforms like LevelFields track earnings beats, layoffs, dividend increases, leadership changes, dividend updates, and stock reactions together, helping investors identify when industrial and retail supplier stocks are moving on real operating momentum or balance sheet catalysts.

Avi Baron
Avi Baron is a financial analyst at LevelFields AI, specializing in event-driven investing and corporate action research.

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