Hillman Solutions Corp. (NASDAQ:HLMN) presented long-term growth plans and financial targets during its first investor day, outlining a goal of reaching $2.5 billion in net sales by 2030.
The hardware products supplier said it expects revenue to grow at a compound annual rate of 8% to 12% over the next five years. The projected growth is expected to come from expansion in its core operations, entry into additional product categories and stronger penetration within professional distribution markets. The company is also targeting a low double-digit compound annual growth rate for adjusted EBITDA and a return on invested capital in the high-teens.
Chief Executive Officer Jon Michael Adinolfi said the company plans to expand its market share within what it estimates to be an $18 billion opportunity spanning retail, professional distribution and industrial maintenance channels.
Hillman reaffirmed its financial outlook for 2026, forecasting net sales between $1.6 billion and $1.7 billion, adjusted EBITDA of $275 million to $285 million and free cash flow ranging from $100 million to $120 million. The company also said it intends to keep net leverage below 2.5 times its net debt-to-adjusted EBITDA ratio.
The Cincinnati-based company said its strategy centers on four main priorities: strengthening its core fastener and hardware operations, broadening its product portfolio, expanding sales through professional distribution channels and maintaining disciplined capital allocation supported by strong free cash flow.
Founded in 1964, Hillman supplies hardware products to retail stores, professional distributors and industrial customers through a catalog of more than 111,000 stock keeping units. The company operates with a field sales force of more than 1,200 associates and maintains direct-to-store distribution capabilities.
The company presented its financial outlook and strategic roadmap during an investor day event held at its customer support center in Cincinnati, according to a company press release.