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Hillman Solutions' Fiscal Q2 Adjusted Earnings Rise, Sales Decline; 2024 Net Sales Guidance Lowered
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Hillman Solutions' Fiscal Q2 Adjusted Earnings Rise, Sales Decline; 2024 Net Sales Guidance Lowered
Aug 6, 2024 6:46 AM

09:21 AM EDT, 08/06/2024 (MT Newswires) -- Hillman Solutions ( HLMN ) reported fiscal Q2 adjusted earnings Tuesday of $0.16 per diluted share, up from $0.13 a year earlier.

Analysts surveyed by Capital IQ expected $0.14.

Net sales for the quarter ended June 29 were $379.4 million, down from $380 million a year earlier.

Analysts polled by Capital IQ expected $385.2 million.

For full-year 2024, the company said it now expects net sales of $1.44 billion to $1.48 billion, compared with its prior guidance of $1.48 billion to $1.56 billion. Analysts polled by Capital IQ expect $1.50 billion.

Shares of the company rose over 3% in recent pre-bell activity.

Price: 9.35, Change: +0.29, Percent Change: +3.20

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