Hillman Solutions Corp. Company profile
About Hillman Solutions Corp
Hillman Solutions Corp., formerly Landcadia Holdings III, Inc., is a provider of hardware-related products and related merchandising services to retail markets in North America. It operates in three segments Hardware and Protective Solutions, Robotics and Digital Solutions, and Canada. The Company's product lines include small parts such as fasteners and related hardware items; threaded rod and metal shapes; keys, key duplication systems, and accessories; builder's hardware; personal protective equipment, such as gloves and eye-wear; and identification items, such as tags and letters, numbers, and signs. The Company also provides designing and installation of merchandise systems, maintenance of appropriate in-store inventory levels, and break-fix for its robotics kiosks services. The Company distributes its products to hardware stores, home centers, mass merchants, pet supply stores, and other retail outlets in the United States, Canada, Mexico, Latin America, and the Caribbean.
Financial summary
BRIEF: For the fiscal year ended 25 December 2021, Hillman Solutions Corp revenues increased 4% to $1.43B. Net loss increased 56% to $38.3M. Revenues reflect Robotics and Digital Solutions segment increase of 19% to $249.5M, Canada segment increase of 13% to $151.5M, Hardware and Protective Solutions segment remaining flat at $1.02B. Higher net loss reflects Hardware and Protective Solutions segment loss totaling $17.2M vs. income of $67.3M.