09:30 AM EDT, 05/07/2024 (MT Newswires) -- Hillman Solutions ( HLMN ) reported fiscal Q1 adjusted earnings Tuesday of $0.10 per diluted share, up from $0.06 a year earlier.

Analysts polled by Capital IQ expected $0.09.

Net sales for the quarter ended March 30 were $350.3 million, up from $349.7 million a year earlier.

Analysts surveyed by Capital IQ expected $354.4 million.

The company said it continues to expect 2024 net sales of $1.48 billion to $1.56 billion. Analysts polled by Capital IQ expect $1.51 billion.

Shares of the company were down more than 11% in recent Tuesday premarket activity.

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