Hillman

Hillman Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

CINCINNATI, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. ( Nasdaq: HLMN ) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen and thirty-nine weeks ended September 30, 2023.

Key Points: 
  • CINCINNATI, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. ( Nasdaq: HLMN ) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen and thirty-nine weeks ended September 30, 2023.
  • Margins improved to historical norms, driven by strength in our Hardware and Protective Solutions segment, lower priced inventory being sold, and the resilience of Hillman’s competitive moat.
  • Additionally, we continued to reduce inventory which, together with our improved bottom line, has driven robust year to date free cash flow of $119.3 million.
  • We expect gross margins to expand sequentially into the fourth quarter as we derive the benefits of new business wins, our prior pricing actions, and prudent cost controls.

Hillman Appoints Daniel O’Leary as Lead Independent Director

Retrieved on: 
Tuesday, November 7, 2023

Mr. O’Leary was elected as Lead Independent Director in recognition of his leadership experience, in-depth knowledge of Hillman and its business, and independent judgment, integrity and commitment required of the role.

Key Points: 
  • Mr. O’Leary was elected as Lead Independent Director in recognition of his leadership experience, in-depth knowledge of Hillman and its business, and independent judgment, integrity and commitment required of the role.
  • As Lead Independent Director, Mr. O’Leary will serve as the lead voice between the Chairman, President and Chief Executive Officer, and other independent directors.
  • Our management team and our shareholders will benefit further from his leadership and active engagement, as he assumes the important role of Lead Independent Director.
  • This appointment within our strong bench of eight independent directors reinforces Hillman’s ongoing commitment to sound corporate governance and creating shareholder value.”
    “It’s my privilege to be selected by my fellow independent directors of the Board as Lead Independent Director,” said Mr. O’Leary.

Hillman Sets Third Quarter 2023 Earnings Release and Results Presentation Date

Retrieved on: 
Wednesday, October 18, 2023

Hillman will issue its earnings release on the same day prior to the results presentation.

Key Points: 
  • Hillman will issue its earnings release on the same day prior to the results presentation.
  • Chairman, President, and Chief Executive Officer Doug Cahill, Chief Financial Officer Rocky Kraft, and Chief Operating Officer Jon Michael Adinolfi will host the results presentation.
  • A webcast replay will be available approximately one hour after the conclusion of the presentation using the Listen-Only Webcast link above.
  • Hillman’s earnings release, quarterly presentation, and 10-Q are expected to be filed with the SEC and posted to its website, https://ir.hillmangroup.com , before the results presentation begins.

Salt + Light Revolutionizes Homeless Services in Tulare County, California

Retrieved on: 
Monday, October 23, 2023

TULARE COUNTY, Calif., Oct. 23, 2023 /PRNewswire/ -- Salt + Light, a pioneering non-profit organization founded by community advocate Adrianne Hillman, is revolutionizing homeless services in  the region.

Key Points: 
  • TULARE COUNTY, Calif., Oct. 23, 2023 /PRNewswire/ -- Salt + Light, a pioneering non-profit organization founded by community advocate Adrianne Hillman, is revolutionizing homeless services in  the region.
  • Hillman's deep-rooted commitment to her community led her to  establish Salt + Light in 2019, marking the start of a remarkable initiative to address  the growing homeless crisis in the area.
  • Salt + Light is forging a new way to help people experiencing homelessness, building a first of its kind village in CA!
  • Drawing from the model's emphasis on community, connection, and meaningful work, Hillman founded Salt + Light to create a similar village in her own community.

Merger of Leading Wealth Management Firms Launches Wellington Wealth Strategies

Retrieved on: 
Tuesday, September 26, 2023

The Wellington Group and TrustWealth Strategies today announced an official merger to combine their leading wealth management firms, bringing together two established businesses with a combined $750 million in assets under management.

Key Points: 
  • The Wellington Group and TrustWealth Strategies today announced an official merger to combine their leading wealth management firms, bringing together two established businesses with a combined $750 million in assets under management.
  • Under the merger agreement, the new firm will operate under Wellington Wealth Strategies , with the brand rollout already underway.
  • Wellington Wealth Strategies is an investment advisor regulated by the Securities & Exchange Commission.
  • The move grows the services and capabilities Wellington Wealth Strategies will provide its national roster of clients by offering investment management, retirement planning, estate planning, and alternative investments.

Lathrop GPM LLP Partner Lisa Hillman Appointed Chair of Women in Bio Boston Chapter

Retrieved on: 
Wednesday, August 9, 2023

BOSTON, Aug. 9, 2023 /PRNewswire-PRWeb/ -- Lathrop GPM LLP is proud to share that Partner Lisa Hillman, Ph.D. has been named chair of the Greater Boston Chapter of Women in Bio for 2024. With more than 700 members, the Greater Boston Chapter is the organization's largest. Hillman has served as Vice Chair since 2022.

Key Points: 
  • BOSTON, Aug. 9, 2023 /PRNewswire-PRWeb/ -- Lathrop GPM LLP is proud to share that Partner Lisa Hillman, Ph.D. has been named chair of the Greater Boston Chapter of Women in Bio for 2024.
  • "We are so proud of Lisa for her continued leadership in the Boston biotech community," said Brian Trinque, Ph.D. , Partner in Charge of the firm's Boston office.
  • "I am honored that my fellow Women in Bio members named me to serve in this role," said Hillman.
  • Founded in 2012, the Greater Boston Chapter of Women in Bio is located in the world's leading biotechnology supercluster.

Hillman Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 8, 2023

CINCINNATI, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. ( Nasdaq: HLMN ) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen and twenty-six weeks ended July 1, 2023.

Key Points: 
  • CINCINNATI, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. ( Nasdaq: HLMN ) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen and twenty-six weeks ended July 1, 2023.
  • “Our strong second quarter results reflect the dedicated efforts of our associates and the resiliency of the competitive moat we have created here at Hillman,” commented Doug Cahill, chairman, president and chief executive officer of Hillman.
  • We expect to continue generating healthy free cash flow in the second half of the year while margins expand sequentially during the third and fourth quarter.
  • This guidance was originally provided on February 27, 2023 with Hillman's fourth quarter 2022 results.

Hillman Publishes Inaugural ESG Fact Sheet for 2022

Retrieved on: 
Wednesday, July 26, 2023

CINCINNATI, July 26, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. ( Nasdaq: HLMN ) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, published its first Environmental, Social and Governance (“ESG”) fact sheet which highlights the Company’s ESG initiatives during the twelve months ended December 31, 2022.

Key Points: 
  • CINCINNATI, July 26, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. ( Nasdaq: HLMN ) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, published its first Environmental, Social and Governance (“ESG”) fact sheet which highlights the Company’s ESG initiatives during the twelve months ended December 31, 2022.
  • “We have come a long way from 1964 when Max Hillman founded the company on the west side of Cincinnati.
  • This new disclosure allows us to communicate and measure our initiatives and progress, while driving value for our most important stakeholders: our associates, customers, and shareholders.”
    To download Hillman’s ESG Fact Sheet, please click here .
  • Hillman’s ESG fact sheet details its efforts that are relevant to its stakeholders.

Hillman Sets Second Quarter 2023 Earnings Release and Results Presentation Date

Retrieved on: 
Thursday, July 13, 2023

Hillman will issue its earnings release on the same day prior to the results presentation.

Key Points: 
  • Hillman will issue its earnings release on the same day prior to the results presentation.
  • Chairman, President, and Chief Executive Officer Doug Cahill and Chief Financial Officer Rocky Kraft will host the results presentation.
  • A webcast replay will be available approximately one hour after the conclusion of the presentation using the Listen-Only Webcast link above.
  • Hillman’s earnings release, quarterly presentation, and 10-Q are expected to be filed with the SEC and posted to its website, https://ir.hillmangroup.com , before the results presentation begins.

Hillman Promotes Jon Michael Adinolfi to Chief Operating Officer

Retrieved on: 
Tuesday, June 6, 2023

CINCINNATI, June 06, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. ( Nasdaq: HLMN ) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, has promoted Jon Michael “JMA” Adinolfi to the newly created position of Chief Operating Officer.

Key Points: 
  • CINCINNATI, June 06, 2023 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. ( Nasdaq: HLMN ) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, has promoted Jon Michael “JMA” Adinolfi to the newly created position of Chief Operating Officer.
  • Adinolfi, who has served as a Divisional President of Hillman U.S. since 2019, will expand his role as COO to oversee Hillman’s Hardware Solutions, Protective Solutions, and Canadian business segments.
  • “JMA has been an invaluable strategic partner to me and our leadership team during his time at Hillman,” commented Doug Cahill, Hillman’s Chairman and CEO.
  • In other management changes, Scott Ride, President, Hillman Canada, will begin leading Hillman’s Industrial Solutions business throughout North America in addition to his current role of leading Hillman Canada.