Hardware products distributor Hillman Solutions Group reported its 1Q26 financial results on April 27, showing a modest year-over-year sales increase while margins declined. Meanwhile, the company raised its full-year sales and EBITDA outlook.

Hillman posted total 1Q sales of $370 million, up 3.0% YoY. Adjusted gross margin of 45.6% fell 130 basis points, while adjusted EBITDA of $50 million fell 8.1%. Operating profit of $7 million was less than half of the $15 million of a year earlier, and the company took a net loss of $4.7 million (flat a year earlier).

In Hillman’s largest product category, Hardware & Protective sales (76% of total) increased 1.2%, while adjusted EBITDA fell 16.6% and adjusted EBITDA margin fell 250 bps.

“Consistent demand for our hardware products, driven by repair, maintenance and remodeling projects, coupled with mid-single digit growth in our robotics and digital solutions business drove a solid quarter for Hillman, despite the impact from weather and the macro,” Hillman President and CEO Jon Michael Adinolfi said.

Looking ahead, Hillman raised its full year guidance for net sales from $1.6 billion-$1.7 billion to $1.63 billion-$1.73 billion, while adjusted EBITDA remained at $275 million-$285 million.

Following 1Q26, Cincinnati-based Hillman closed on its previously-announced acquisitions of Campbell Chain & Fittings (adds $20M in 2026 net sales) and Delaney Hardware (adds $10M). Both deals were announced earlier in April.