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Hillman targets $2.5 billion in sales by 2030 with growth strategy

March 19, 2026 7:01 AM

Hillman Solutions Corp. (NASDAQ: HLMN) outlined long-term financial targets and growth plans at its inaugural investor day, projecting $2.5 billion in net sales by 2030.

The hardware products provider expects to achieve 8% to 12% revenue compound annual growth rate over the next five years, driven by core business expansion, new product categories, and increased penetration in professional distribution channels. The company also targets low-double-digit adjusted EBITDA compound annual growth rate and high-teen return on invested capital.

Chief Executive Officer Jon Michael Adinolfi stated the company aims to capture market share across what it describes as an $18 billion market opportunity spanning retail, professional distribution, and industrial maintenance channels.

Hillman affirmed its 2026 guidance of $1.6 billion to $1.7 billion in net sales, $275 million to $285 million in adjusted EBITDA, and $100 million to $120 million in free cash flow. The company plans to maintain net leverage below 2.5 times net debt-to-adjusted EBITDA ratio.

The Cincinnati-based company's strategy focuses on four areas: strengthening its core fastener and hardware business, expanding product categories, growing professional channel sales, and maintaining disciplined capital allocation with strong free cash flow generation.

Founded in 1964, Hillman provides hardware products to retail, professional distribution, and industrial customers through a portfolio of more than 111,000 stock keeping units. The company operates with a field sales team of over 1,200 associates and direct-to-store distribution capabilities.

The financial projections and strategic plans were presented during the company's investor day event held at its Cincinnati customer support center, according to a press release statement.

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