Hillman Solutions Corp
For the period ended Dec 30, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
HLMN$8.17-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Loss
| Year Ended December 30, 2023 | Year Ended December 31, 2022 | Year Ended December 25, 2021 | |
|---|---|---|---|
| Net sales | $1,476,477 | $1,486,328 | $1,425,967 |
| Cost of sales (exclusive of depreciation and amortization shown separately below) | 828,956 | 846,551 | 859,557 |
| Selling, warehouse, and general and administrative expenses | 452,110 | 480,993 | 437,875 |
| Depreciation | 59,331 | 57,815 | 59,400 |
| Amortization | 62,309 | 62,195 | 61,329 |
| Management fees to related party | — | — | 270 |
| Other expense (income), net | 12,843 | (1,119) | (2,778) |
| Income from operations | 60,928 | 39,893 | 10,314 |
| Gain on change in fair value of warrant liability | — | — | (14,734) |
| Interest expense, net | 68,310 | 54,560 | 61,237 |
| Interest expense on junior subordinated debentures | — | — | 7,775 |
| Investment income on trust common securities | — | — | (233) |
| Income on mark-to-market adjustment of interest rate swap | — | — | (1,685) |
| Refinancing costs | — | — | 8,070 |
| Loss before income taxes | (7,382) | (14,667) | (50,116) |
| Income tax expense (benefit) | 2,207 | 1,769 | (11,784) |
| Net loss | $(9,589) | $(16,436) | $(38,332) |
| Basic and diluted loss per share | $(0.05) | $(0.08) | $(0.28) |
| Weighted average basic and diluted shares outstanding | 194,722 | 194,249 | 134,699 |
| Net loss from above | $(9,589) | $(16,436) | $(38,332) |
| Other comprehensive (loss) income: | |||
| Foreign currency translation adjustments | 4,801 | (7,615) | (283) |
| Hedging activity | (11,597) | 13,745 | 2,517 |
| Total other comprehensive (loss) income | (6,796) | 6,130 | 2,234 |
| Comprehensive loss | $(16,385) | $(10,306) | $(36,098) |
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