Hillman Solutions Closes $315 Million Kanebridge Acquisition

Hillman Solutions reported Q3 Non-GAAP EPS of $0.22, beating estimates by $0.01, while revenue of $457.5M missed expectations by $4.65M, up 7.7% year-over-year. Adjusted EBITDA rose to $90.2M from $88.0M in the prior year quarter, according to the company.

Hillman (HLMN) reported Q3 2026 revenue of $457.5M, missing estimates by 0.8% but beating EPS and EBITDA forecasts. The company lowered full-year revenue guidance to $1.67B, a 1.5% decrease, while EBITDA guidance remained above estimates. Operating margin declined, but free cash flow margin improved.

Hillman reported Q3 2026 net sales of $457.5M, up 7.7% YoY, but net income fell to $6.3M from $23.2M. Adjusted EPS remained steady at $0.22. The company updated its full-year sales outlook to $1.66B-$1.68B and completed the acquisition of Kanebridge, expanding its U.S. industrial market presence.

Hillman Solutions Corp. (HLMN) filed an SEC Form 8-K — Results of Operations and Financial Condition. Hillman Reports Third Quarter 2026 Results; Updates Full-Year Outlook Q3 2026 Net Sales increased 7.7% to a record $457.5 million Reiterates FY 2026 Adj. EBITDA and Free Cash Flow guidance; updates Net Sales outlook CINCINNATI, November 2, 2026 -- Hillman Solutions Corp. (Nasdaq:

Hillman Solutions Corp. completed its acquisition of Kanebridge, LLC, a U.S. and Canada-based industrial fastener distributor, for $315 million. The deal expands Hillman's industrial market reach to $3 billion. Hillman funded the acquisition with cash, a credit facility draw, and a $200 million term loan.

Hillman Solutions added $200 million in senior secured term loans, maturing in 2033, to finance its Kanebridge acquisition. The loans are priced at SOFR plus 2.00% or ABR plus 1.00% and are secured by the company's assets. The funds, along with cash and revolver borrowings, covered part of the acquisition and related fees.