Ubiquiti’s NYSE: UI business is strong and drives value for its investors. However, some factors suggest its stock price will remain under pressure for the foreseeable future. The primary is short interest, which is high and rising, about 15% as of late April, and sufficient to present a headwind or worse, in the right conditions. As it stands, conditions favor short sellers, suggesting a deeper decline than already seen is possible in 2026.
Get Ubiquiti alerts:
Not Much Support for UI StockInstitutional and analyst trends are bullish for this market, with signs of accumulation and upside potential. The consensus is Hold, there is a 50% Buy-side bias, and the revision trend is positive, indicating a $980 price point at the high end. The high-end is where the problem begins, as the market exceeded it in early April, setting up the price correction that followed. The problem is compounded by tepid analyst coverage: only four analysts who cover this stock are tracked by MarketBeat, suggesting smart money is flowing to other investments.
Ubiquiti Today
UI
Ubiquiti
$595.74 +13.97 (+2.40%)
As of 10:40 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$368.42▼
$1,099.99Dividend Yield0.54%
P/E Ratio38.39
Price Target$750.67
Institutions are accumulating Ubiquiti stock, and the trend is robust, running a trailing 12-month pace of nearly $3-to-$1, and activity is ramping higher sequentially. However, like the analysts, institutional interest is tepid, verging on cold, with only 4% of shares accounted for.
The takeaway for investors is that there is simply no market support for this stock beyond retail investors, and even they have issues.
Trading at 55X the current-year earnings outlook, Ubiquiti isn’t a cheap stock, and even the forward-looking price-to-earnings forecasts are still high. The stock falls into the 30X range within two years, but this requires careful execution, as growth is largely priced in. In this environment, missteps, unseen hurdles, and weak results are the catalysts for volatility and stock price contractions, as reflected in the stock price activity. The question, however, is whether Ubiquiti is buyable at lower levels, and the answer is yes. The quality business is growing, underpinned by AI.
Ubiquiti is a networking specialist favored by “prosumers” (tech-savvy home users) and small-to-medium-sized businesses. Among the attractions are ease of use, modular design, scalability, and a cost structure that enables single-point control without cumbersome licensing fees. Today's catalysts include the widening use of digital and the AI upgrade cycle, which enables new and improved IoT/edge capabilities quarterly. Users can set up and manage Wi-Fi connections, including security cameras, to ensure reliable whole-home/business automation.
Ubiquiti Fell Short of a High Bar in Q3 2026Ubiquiti’s fiscal Q3 was not a bad quarter, far from it, but it fell substantially short of expectations, triggering the market to sell off. The company reported $788.2 million in net revenue, up nearly 19% compared to the prior year, but short of the $788.50 bar set by analysts due to weakness in the Service Provider Segment. Enterprise Technology grew by 22%, but Service Provider offset it.
Margin news was an equally mixed bag. The company widened its margin, sustaining strength through to the bottom line, with gross margin up 250 basis points, income from ops up 28%, adjusted net income up 29.3%, and earnings per share up 30%. The sticking point is that earnings fell short os the consensus by 41 cents, undermining confidence in the longer-term forecasts.
No guidance is another sticking point. The market can overlook many things, but no guidance raises uncertainty to unsustainable levels. In this scenario, the best choice is to move to the sidelines and wait and see what happens next. Growth is expected, but, as proved in Q1, expectations may be set too high. Catalysts include a move into high-end enterprise networking and memory, as well as new products. New products raise the bar across the portfolio, underpinning the growth outlook, including tools enabling self-hosted data storage.
Headwinds and Hurdles for Ubiquiti Stock Price ActionHeadwinds include regulatory challenges. Restrictions on, or potential restrictions on, foreign-made networking hardware threaten to undermine the business model. The company relies on contract manufacturing with much of the footprint in China, a target of government ire. Restrictions or bans may disrupt the supply chain, increase costs, and prevent meeting demand.
The stock price action is mixed, with the near-term trend decidedly down and the longer-term trend still up, suggesting a buying opportunity is in the making. The critical support target is the 150-day exponential moving average (EMA), which has triggered a rebound several times in the past.
A move below this level would be a bearish signal, potentially leading to another 20% decline, but such a move is unanticipated. The more likely scenario is that this market consolidates near the EMA and then begins advancing sometime later in the year.
Should You Invest $1,000 in Ubiquiti Right Now?Before you consider Ubiquiti, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ubiquiti wasn't on the list.
While Ubiquiti currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link to learn more about using beta to protect your portfolio.
Large-cap stocks tied to housing, nuclear energy, crypto mining and global commodities led Wall Street's biggest declines last week as investors reacted to earnings volatility, macro uncertainty and sector-specific pressure.
Rising Treasury yields, Middle East conflict concerns, weaker crypto sentiment and cautious outlooks weighed on several momentum-driven names despite some companies posting strong quarterly results.
These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?
Ubiquiti Inc. (NYSE:UI) slumped 14.62% this week after the company reported worse-than-expected third-quarter financial results.
JBS N.V. (NYSE:JBS) fell 17.05% this week after the company reported mixed first-quarter financial results. Also, Barclays lowered its price forecast on the stock from $23 to $21.
Korea Electric Power Corporation (NYSE:KEP) decreased 11.92% this week.
Rocket Companies, Inc. (NYSE:RKT) decreased 13.31% this week after the company reported better-than-expected first-quarter financial results.
AngloGold Ashanti (NYSE:AU) slumped 16.41% this week.
Carvana Co. (NYSE:CVNA) decreased 13.65% this week. BTIG analyst Marvin Fong maintains a Buy rating, lowering the price forecast from $485 to $97.
IREN Limited (NASDAQ:IREN) fell 3.3% this week. Shares of crypto-related companies traded lower as the price of Bitcoin drops below $80,000.
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
SAN DIEGO--(BUSINESS WIRE)---- $UI #HAEclassaction--Haeggquist & Eck, LLP Investigates Ubiquiti Inc.'s Directors and Officers for Breach of Fiduciary Duties.
On May 22, 2026, Ubiquiti Inc (UI) shares rose 4.2% to a current price of $610.81. The stock has experienced significant volatility, trading within a 52-week ra
Ubiquiti Inc. (UI - Free Report) has been on a downward spiral lately with significant selling pressure. After declining 42.7% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.
We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.
RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.
Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.
So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefiting from the inevitable rebound.
However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.
Why a Trend Reversal is Due for UIThe RSI reading of 25.1 for UI is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.
The RSI value is not the only factor that indicates a potential turnaround for the stock in the near term. On the fundamental side, there has been strong agreement among the sell-side analysts covering the stock in raising earnings estimates for the current year. Over the last 30 days, the consensus EPS estimate for UI has increased 5.6%. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.
Moreover, UI currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Ubiquiti Inc. (UI - Free Report) Headquartered in New York, Ubiquiti Inc., along with its subsidiaries, offers a broad portfolio of networking products and solutions for service providers, enterprises and consumers. Its service-provider platforms offer carrier-class infrastructure for fixed wireless broadband, wireless backhaul systems and routing, while enterprise platforms provide wireless local area network infrastructure, video surveillance products, switching and routing solutions, security gateways and door access systems. The company was earlier known as Ubiquiti Networks Inc. and traded under the symbol “UBNT”.
UI is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. UI has a Growth Style Score of B, forecasting year-over-year earnings growth of 36.1% for the current fiscal year.
For fiscal 2026, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.77 to $14.92 per share. UI boasts an average earnings surprise of +45.5%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, UI should be on investors' short list.
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Our proprietary system currently recommends Ubiquiti Inc. (UI - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).
While there are numerous reasons why the stock of this computer networking company is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Ubiquiti is 10%, investors should actually focus on the projected growth. The company's EPS is expected to grow 36.1% this year, crushing the industry average, which calls for EPS growth of 12.4%.
Cash Flow GrowthWhile cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds.
Right now, year-over-year cash flow growth for Ubiquiti is 83.4%, which is higher than many of its peers. In fact, the rate compares to the industry average of -1.2%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 11.1% over the past 3-5 years versus the industry average of 10.9%.
Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The current-year earnings estimates for Ubiquiti have been revising upward. The Zacks Consensus Estimate for the current year has surged 5.6% over the past month.
Bottom LineWhile the overall earnings estimate revisions have made Ubiquiti a Zacks Rank #2 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Ubiquiti is a potential outperformer and a solid choice for growth investors.
Ubiquiti Inc. (UI - Free Report) has been beaten down lately with too much selling pressure. While the stock has lost 42% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.
We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.
RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.
Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.
So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefiting from the inevitable rebound.
However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.
Why a Trend Reversal is Due for UIThe RSI reading of 28.45 for UI is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.
This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering UI in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 5.6% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.
Moreover, UI currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Ubiquiti Inc. (UI - Free Report) has been on a downward spiral lately with significant selling pressure. After declining 44% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.
We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.
RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.
Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.
So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefiting from the inevitable rebound.
However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.
Here's Why UI Could Experience a TurnaroundThe RSI reading of 27.21 for UI is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.
The RSI value is not the only factor that indicates a potential turnaround for the stock in the near term. On the fundamental side, there has been strong agreement among the sell-side analysts covering the stock in raising earnings estimates for the current year. Over the last 30 days, the consensus EPS estimate for UI has increased 5.6%. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.
Moreover, UI currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Shares of Ubiquiti (UI +3.12%) fell 42.3% last month, according to data from S&P Global Market Intelligence. The maker of prosumer and business-grade networking gear reported fiscal Q3 2026 results on May 8, and the stock chart was all downhill from there.
Here's the weird part: the earnings report was actually pretty good. Ubiquiti beat analyst estimates on both revenue and earnings, posted 18.7% year-over-year revenue growth, and announced it had fully paid off its debt. Ubiquiti did everything right except, apparently, whatever Wall Street wanted.
Image source: Getty Images.
Why a solid report inspired a sell-off Digging into the balance sheet, the "why" behind the sell-off becomes clearer. Ubiquiti entered the quarter with a comfortable $437 million cash pile, but it finished with only $176 million. Ubiquity consumed most of its liquid assets to fully repay $250 million in senior notes and continue its share repurchase program.
While being debt-free is a good thing, the market's reaction suggests investors were more focused on the dwindling cash cushion than the simplified balance sheet.
Finally, that earnings beat deserves a skeptical eye. With minimal analyst coverage, the consensus is a ghost. The only firm providing estimates maintains a "sell" rating, meaning the bar was probably set too low. Investors ignored the superficial outperformance.
Today's Change
(
3.12
%) $
18.18
Current Price
$
599.95
The price of admission to Robert Pera's ride If you're a Fool-style investor, it is time to accept a fundamental reality: You are a silent passenger in Ubiquiti founder and CEO Robert Pera's car. He has a tendency to drive with the windows tinted and the GPS turned off.
With Pera owning about 93% of the company, Ubiquiti simply doesn't play by the usual Wall Street rules. There are no earnings calls to guide your expectations, no analyst consensus to lean on, and virtually no engagement with the outside world. And even a small shift in investor confidence can result in substantial price swings, since less than 10% of Ubiquiti's stock is available to retail investors or financial institutions.
This lack of transparency is a double-edged sword; it creates the wild, 42%-in-a-month volatility we just witnessed, but it also allows Ubiquiti to execute a strategy that prioritizes long-term efficiency over short-term "earnings beat" games.
If you're looking for a management team that holds your hand through market turbulence, this isn't it. However, if you are comfortable ignoring the day-to-day noise of a stock with a tiny, illiquid float, you might see this volatility as just the price of admission for owning a unique, founder-led business that answers to no one but its own balance sheet.
Just make sure you're comfortable with betting that Robert Pera is a visionary genius with incredible growth plans in his notebook. He won't show you those notes or explain his plan, beyond the bare minimum required by the Securities and Exchange Commission (SEC).
That may sound like a tough assumption, but Pera certainly has some fans. Ubiquiti is trading at a beefy 11 times trailing sales today, just behind Ciena (CIEN +1.15%) at 13x and ahead of Cisco Systems' (CSCO +0.45%) 8.1x. And Ubiquiti isn't even running in the AI data center networking race, focusing on market segments closer to the consumer level.
Targets $2.5 billion in net sales by 2030, driven by core business growth, category expansion, and Pro channel penetration
Presents 5-year financial objectives including 8-12% revenue CAGR, low-double-digit Adjusted EBITDA CAGR, and high-teen ROIC
Provides blueprint to pursue $18+ billion market opportunity across retail, Pro distribution, and industrial MRO channels
Affirms 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 of Free Cash Flow
CINCINNATI, March 19, 2026 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware-related products and merchandising solutions, is hosting its inaugural Investor Day today at its Customer Support Center in Cincinnati beginning at 8:30 a.m. Eastern Time.
Jon Michael Adinolfi, Hillman's Chief Executive Officer, commented, “Since becoming a public company in 2021, Hillman has strengthened its position as a premier category leader while consistently delivering profitable growth and improving its financial profile. Our Investor Day highlights the structural advantages that make Hillman resilient through market cycles and uniquely positioned to further compound earnings growth.”
“Today we are unveiling our blueprint for value creation, which builds on the strengths of our core fastening and hardware platform while expanding our presence across categories and channels. With our strong channel relationships, global sourcing agility, and highly experienced field sales team, we believe Hillman is uniquely positioned to capture additional share gains across a growing and largely untapped $18+ billion market.
“Our five-year financial objectives reflect our confidence in Hillman’s strategic blueprint and core operational competencies. By executing against our strategy with disciplined capital allocation we see a clear path to sustained revenue growth, margin expansion, cash generation, and strong returns on invested capital for the foreseeable future.”
Blueprint and Catalysts for Value Creation
Hillman outlined a strategic blueprint designed to drive durable growth and long-term shareholder value:
Own the Core: Hillman’s resilient core fastener and hardware-related business serves as the foundation for growth, supported by industry-leading category management, integrated operations, and long-standing customer relationships. Expand Categories: Further leverage operational capabilities and deep customer relationships that enable expansion across new and existing product categories, unlocking incremental revenue opportunities. Win the Pro: Accelerate new business wins with specialty distribution, LBM and industrial MRO distributors, where Hillman’s structural advantages provide a scalable growth platform. ROIC Focus: Maintain disciplined capital allocation supported by strong free cash flow generation and a solid balance sheet, enabling targeted investments and bolt-on acquisitions that enhance returns on invested capital. 5-Year Financial Objectives
Over the next five years, from a base of full year 2025 through full year 2030, the Company expects:
Revenue: An 8%-12% CAGR, targeting $2.5 billion in net sales by 2030, driven by core growth, category expansion, pro channel penetration, and M&A. Adjusted EBITDA: Low-double-digit CAGR, with continued margin expansion supported by global sourcing agility, operational leverage, and favorable product mix. Net leverage: Maintain below 2.5x net debt-to-Adjusted EBITDA ratio, preserving financial flexibility for organic investment and bolt-on acquisitions. ROIC: High-teen percentage target, driven by a scalable platform, approximately 100% average free cash flow conversion of Adjusted Net Income, and disciplined capital deployment. Investor Day Webcast
A live webcast of the presentations and the accompanying slide materials will be available on the company’s investor relations website at https://ir.hillmangroup.com or the direct link below. All interested parties are invited to register for the webcast.
Date: Today, March 19, 2026
Time: 8:30 a.m. Eastern Time
Webcast: Hillman Investor Day microsite
A webcast replay will be available on the website after the event.
About Hillman Solutions Corp.
Founded in 1964 and headquartered in Cincinnati, Hillman is a leading provider of hardware and related products serving retail, pro distribution, and industrial MRO customers. Over the last 60-plus years, Hillman has built a legacy of service and growth by forming strategic partnerships with North America’s leading home improvement, hardware, and farm and fleet retailers. Hillman differentiates itself from the competition with its dedicated field sales team of 1,200+ associates, direct-to-store distribution capabilities, and world class global sourcing and supply chain expertise. The company offers an extensive product portfolio of more than 111,000 SKUs, including fasteners (power screws, nuts, and bolts), hardware (builder’s hardware, rope & chain, accessories), project gear & supplies (gloves, work gear, paint & cleaning sundries), and key and engraving services (key duplication, auto keys, and engraving). Hillman is committed to delivering exceptional customer service, innovative products, and dependable solutions to its customers and regularly earns vendor of the year recognition from top customers. For more information on Hillman, visit www.hillman.com.
Non-GAAP Financial Measures
The Company uses non-GAAP financial measures to analyze underlying business performance and trends. The Company believes that providing these non-GAAP financial measures enhances the Company’s and investors’ ability to compare the Company’s past financial performance with its current performance. These non-GAAP financial measures are provided as supplemental information to the financial measures presented in this press release that are calculated and presented in accordance with GAAP. Non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures determined or calculated in accordance with GAAP. The Company’s definitions of its non-GAAP financial measures may not be comparable to similarly titled measures reported by other companies. Because GAAP financial measures on a forward-looking basis are not accessible, and reconciling information is not available without unreasonable effort, reconciliations to GAAP financial measures are not provided for forward-looking non-GAAP measures. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could be material to future results.
Non-GAAP financial measures such as consolidated adjusted EBITDA and Adjusted Diluted Earnings per Share (EPS) exclude from the relevant GAAP metrics items that neither relate to the ordinary course of the Company’s business, nor reflect the Company’s underlying business performance.
Forward-Looking Statements
You should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," “target”, “goal”, "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations with respect to future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) unfavorable economic conditions that may affect operations, financial condition and cash flows including spending on home renovation or construction projects, inflation, recessions, instability in the financial markets or credit markets; (2) increased supply chain costs, including tariffs, raw materials, sourcing, transportation and energy; (3) the highly competitive nature of the markets that we serve; (4) the ability to continue to innovate with new products and services; (5) seasonality; (6) large customer concentration; (7) the ability to recruit and retain qualified employees; (8) the outcome of any legal proceedings that may be instituted against the Company; (9) adverse changes in currency exchange rates; or (10) regulatory changes and potential legislation that could adversely impact financial results. The foregoing list of factors is not exclusive, and readers should also refer to those risks that are included in the Company’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K for the fiscal year ended December 27, 2025. Given these uncertainties, current or prospective investors are cautioned not to place undue reliance on any such forward-looking statements.
Except as required by applicable law, the Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this communication to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Contact:
Michael Koehler
Vice President of Investor Relations & Treasury
513-826-5495 [email protected]
CINCINNATI, March 26, 2026 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware-related products and merchandising solutions, today announced it has been named a recipient of the 2026 James A. Wuenker Growth Award by REDI Cincinnati in recognition of the Company’s commitment to the redevelopment of the Forest Fair Mall site.
The project involves the construction of a multipurpose facility in Forest Park, Ohio at the former Forest Fair Mall site. The development will bring several of Hillman’s Cincinnati-area operations together into a single 715,000-square-foot facility designed to enhance collaboration and operational efficiency. Hillman will lease and fully occupy the building as its sole tenant.
Hillman’s recognition highlights the Company’s continued commitment to the Cincinnati region and its support of economic growth through strategic, long-term development. Demolition of the mall is almost complete, with construction of the new facility expected to begin later this year.
The award was presented during REDI Cincinnati’s Annual Meeting and Awards Ceremony at the Duke Energy Convention Center. The Growth Awards recognize projects announced in the prior year that significantly strengthen the regional economy. Hillman was one of four organizations selected from 17 projects reviewed by a committee of regional economic development stakeholders.
“We are honored to receive the James A. Wuenker Growth Award and proud to continue strengthening our presence in the region where Hillman has deep roots,” said Rocky Kraft, Chief Financial Officer of Hillman. “The Forest Fair Mall project reflects our confidence in the Cincinnati region and our focus on creating a collaborative, efficient environment that supports our employees, customers, and long-term success.”
“The Hillman Group’s transformational commitment to Forest Park elevates its longstanding dedication to our region,” said Kimm Lauterbach, president and CEO of REDI Cincinnati. “Reimagining this site as a state-of-the-art facility underscores Hillman’s leadership and innovation while advancing its legacy of excellence.”
Named in honor of renowned economic developer James A. Wuenker, the annual Growth Awards recognize expansion projects that demonstrate measurable economic impact and contribute to the long-term vitality of the Cincinnati region.
About Hillman Solutions Corp.
Founded in 1964 and headquartered in Cincinnati, Hillman is a leading provider of hardware and related products serving retail, pro distribution, and industrial MRO customers. Over the last 60-plus years, Hillman has built a legacy of service and growth by forming strategic partnerships with North America’s leading home improvement, hardware, and farm and fleet retailers. Hillman differentiates itself from the competition with its dedicated field sales team of 1,200+ associates, direct-to-store distribution capabilities, and world class global sourcing and supply chain expertise. The company offers an extensive product portfolio of more than 111,000 SKUs, including fasteners (power screws, nuts, and bolts), hardware (builder’s hardware, rope & chain, accessories), project gear & supplies (gloves, work gear, paint & cleaning sundries), and key and engraving services (key duplication, auto keys, and engraving). Hillman is committed to delivering exceptional customer service, innovative products, and dependable solutions to its customers and regularly earns vendor of the year recognition from top customers. For more information on Hillman, visit www.hillman.com.
About REDI Cincinnati
The Regional Economic Development Initiative (REDI) Cincinnati is the first point-of-contact for companies locating or growing in the 15-county region at the heart of southwest Ohio, northern Kentucky, and southeast Indiana. REDI Cincinnati is supported by top business leaders and community partners and staffed by a team of economic development experts who are uniting the Cincinnati region to compete globally. The future is bright, and we’re building it, right now. Join us at REDICincinnati.com.
Hillman Solutions Corp. earns a Buy rating, trading at a 25% discount to peers, with strong supply chain diversification and market share initiatives. HLMN is reducing Chinese supplier exposure from 49% to a targeted 20%, enhancing supply chain resilience and earnings visibility. FY2026 revenue guidance is $1.6–$1.7 billion, driven by new business wins and pricing, though market volume remains a headwind.
CINCINNATI, March 31, 2026 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (“Hillman”), a leading provider of hardware-related products and merchandising solutions, plans to host a conference call to discuss its results for the thirteen weeks ended March 28, 2026 on Tuesday, April 28, 2026 at 8:30 a.m. Eastern Time. Hillman plans to issue its earnings release after market close on Monday, April 27, 2026.
President and Chief Executive Officer Jon Michael Adinolfi and Chief Financial Officer Rocky Kraft will host the results presentation.
Results Presentation Details:
Date: Tuesday, April 28
Time: 8:30 a.m. Eastern Time
Listen-Only Webcast: https://edge.media-server.com/mmc/p/3we7oiaa
Sell-side analysts wishing to participate in the call’s live question and answer session must register by clicking here: https://register-conf.media-server.com/register/BIb7dea4da034d47a793384552fe44ef09.
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 and quarterly results presentation are expected to be filed with the SEC and posted to its website, https://ir.hillmangroup.com, before the results presentation begins.
About Hillman Solutions Corp.
Founded in 1964 and headquartered in Cincinnati, Hillman is a leading provider of hardware and related products serving retail, pro distribution, and industrial MRO customers. Over the last 60-plus years, Hillman has built a legacy of service and growth by forming strategic partnerships with North America’s leading home improvement, hardware, and farm and fleet retailers. Hillman differentiates itself from the competition with its dedicated field sales team of 1,200+ associates, direct-to-store distribution capabilities, and world class global sourcing and supply chain expertise. The company offers an extensive product portfolio of more than 111,000 SKUs, including fasteners (power screws, nuts, and bolts), hardware (builder’s hardware, rope & chain, accessories), project gear & supplies (gloves, work gear, paint & cleaning sundries), and key and engraving services (key duplication, auto keys, and engraving). Hillman is committed to delivering exceptional customer service, innovative products, and dependable solutions to its customers and regularly earns vendor of the year recognition from top customers. For more information on Hillman, visit www.hillman.com.
Investor Contact
Michael Koehler
Vice President of Investor Relations & Treasury
513-826-5495 [email protected]
Shares of Hillman Solutions Corp. (NASDAQ:HLMN – Get Free Report) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $11.3333.
Several equities analysts have commented on HLMN shares. Benchmark decreased their target price on shares of Hillman Solutions from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $14.00 price target on shares of Hillman Solutions in a report on Tuesday, March 24th. Wall Street Zen lowered shares of Hillman Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Hillman Solutions in a research note on Friday, January 9th.
Check Out Our Latest Research Report on HLMN
Hillman Solutions Price Performance NASDAQ HLMN opened at $8.04 on Friday. The company has a current ratio of 2.51, a quick ratio of 0.62 and a debt-to-equity ratio of 0.54. Hillman Solutions has a 1-year low of $6.55 and a 1-year high of $10.85. The company has a 50 day moving average of $8.82 and a 200-day moving average of $9.03. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 38.29, a PEG ratio of 1.11 and a beta of 1.63.
Hillman Solutions (NASDAQ:HLMN – Get Free Report) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10. The business had revenue of $365.14 million for the quarter, compared to the consensus estimate of $371.69 million. Hillman Solutions had a return on equity of 9.57% and a net margin of 2.60%.The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.10 earnings per share. On average, equities research analysts expect that Hillman Solutions will post 0.58 earnings per share for the current fiscal year.
Insider Activity at Hillman Solutions In related news, insider Amanda Kitzberger sold 11,804 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $8.29, for a total transaction of $97,855.16. Following the completion of the sale, the insider directly owned 72,605 shares in the company, valued at $601,895.45. This represents a 13.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 4.90% of the company’s stock.
Institutional Inflows and Outflows Institutional investors have recently bought and sold shares of the business. Reinhart Partners LLC. grew its holdings in shares of Hillman Solutions by 4.2% during the 3rd quarter. Reinhart Partners LLC. now owns 10,471,532 shares of the company’s stock valued at $96,129,000 after purchasing an additional 418,313 shares during the last quarter. Burgundy Asset Management Ltd. lifted its stake in Hillman Solutions by 18.0% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 11,202,558 shares of the company’s stock valued at $79,986,000 after purchasing an additional 1,712,688 shares during the last quarter. Anchor Capital Management Company LLC lifted its stake in Hillman Solutions by 102.5% in the 3rd quarter. Anchor Capital Management Company LLC now owns 1,417,772 shares of the company’s stock valued at $13,015,000 after purchasing an additional 717,772 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in Hillman Solutions in the second quarter valued at approximately $1,760,000. Finally, ArrowMark Colorado Holdings LLC boosted its position in Hillman Solutions by 71.6% in the third quarter. ArrowMark Colorado Holdings LLC now owns 671,000 shares of the company’s stock valued at $6,160,000 after buying an additional 280,000 shares in the last quarter. Institutional investors and hedge funds own 98.11% of the company’s stock.
About Hillman Solutions (Get Free Report)
Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.
Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.
Featured Articles Five stocks we like better than Hillman Solutions
Receive News & Ratings for Hillman Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hillman Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAnalysts Set Vericel Corporation (NASDAQ:VCEL) Price Target at $56.00
NEXT HEADLINE »Meridian Bank (NASDAQ:MRBK) and WCF Bancorp (OTCMKTS:WCFB) Financial Survey
Titan America (NYSE:TTAM – Get Free Report) and Hillman Solutions (NASDAQ:HLMN – Get Free Report) are both construction companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, dividends, institutional ownership, risk, profitability, analyst recommendations and earnings.
Volatility & Risk Titan America has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500. Comparatively, Hillman Solutions has a beta of 1.63, indicating that its stock price is 63% more volatile than the S&P 500.
Insider and Institutional Ownership 98.1% of Hillman Solutions shares are held by institutional investors. 4.9% of Hillman Solutions shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Analyst Ratings This is a summary of recent ratings and target prices for Titan America and Hillman Solutions, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Titan America 1 2 2 0 2.20 Hillman Solutions 0 3 4 0 2.57 Titan America presently has a consensus price target of $17.00, suggesting a potential upside of 12.55%. Hillman Solutions has a consensus price target of $11.33, suggesting a potential upside of 40.96%. Given Hillman Solutions’ stronger consensus rating and higher possible upside, analysts plainly believe Hillman Solutions is more favorable than Titan America.
Profitability This table compares Titan America and Hillman Solutions’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Titan America 11.14% 19.07% 10.22% Hillman Solutions 2.60% 9.57% 4.91% Valuation & Earnings This table compares Titan America and Hillman Solutions”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Titan America $1.66 billion 1.67 $185.44 million $1.02 14.81 Hillman Solutions $1.55 billion 1.02 $40.31 million $0.21 38.29 Titan America has higher revenue and earnings than Hillman Solutions. Titan America is trading at a lower price-to-earnings ratio than Hillman Solutions, indicating that it is currently the more affordable of the two stocks.
About Titan America (Get Free Report)
Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States (the “Eastern Seaboard”). We are a leading provider of materials that contribute to lower carbon emissions than traditional building materials and/or beneficial reuse of waste materials. We are a leading provider of heavy building materials in Florida, the New York and New Jersey Metropolitan area (“Metro New York”), Virginia, North Carolina and South Carolina (Virginia and the Carolinas, together with Metro New York and their adjacent areas, the “Mid-Atlantic”). We serve markets that benefit from population growth, economic growth and technology and innovation trends that are among the strongest in the United States. We have built what we believe is a unique and differentiated building materials platform in the markets we serve. Today, our manufacturing, logistics and customer support capabilities span across critical building materials and products, including cement and supplementary cementitious materials (“SCMs”), aggregates, ready-mix concrete, concrete block and other ancillary products. Additionally, we believe that our market leadership in lower carbon cement and green concrete solutions positions us to benefit from growing demand for building materials that contribute to lower carbon emissions. We believe our vertically integrated business model and continued investment in our extensive logistical capabilities have enabled us to grow with our diverse customer base across infrastructure, residential and non-residential end markets. By leveraging these competitive advantages across our two reportable segments, the Mid-Atlantic and Florida, we believe that we are in a strong position to drive meaningful growth and enhanced profitability into the future. Our executive management team has led Titan America to experience growth in scale, product portfolio and geographic footprint. This growth was driven by our management team’s targeted investment strategy, which has enhanced production capacity and strengthened distribution and logistics capabilities in high-growth markets. These efforts include expanding cement and SCM storage, scaling import capacity and leveraging digital investments to optimize logistics execution and boost asset reliability across our vertically integrated operations. Between fiscal years 2013 and 2023, we have grown our sales from $539 million to approximately $1.6 billion (an 11% compound annual growth rate (“CAGR”)), our net income went from a loss of $65.4 million to a positive $155.2 million and our Adjusted EBITDA increased from $36 million to $328 million (a 25% CAGR), while our net income margin has grown from negative 12% to positive 10% during that same period. As a result of our continuous investment program to modernize and scale our operations, we have experienced 50% revenue growth, 150% net income growth and 65% Adjusted EBITDA growth from fiscal 2019 to fiscal 2023. Additionally, we have reduced our cement operations CO2 emissions per metric ton of cementitious materials by 18%, from 718 kg of net CO2 per metric ton in 2019 to 587 kg of net CO2 per metric ton in 2023. Our scaled, vertically integrated network of more than 100 facilities includes some of the largest cement plants, import terminals, mines, ready-mix concrete plants, fly ash processing plants and concrete block production lines in our core markets. Our cement plants are capable of producing approximately 3.8 million tons of cement annually, over 95% of which contains up to 10% lower CO2 emissions than standard use ordinary Portland cement (“Lower-Carbon Cement”). Our cement manufacturing activities are supported by a network of mining operations containing a total of 474 million tons of reserves as of May 1, 2024, which we are in the process of expanding through various opportunities. — Since our initial investment in the Essex Cement import terminal in Metro New York in 1989, we believe we have built one of the most comprehensive, capable and reliable building materials platforms on the Eastern Seaboard through focused and strategic investments. In 1992, we acquired 59% of Roanoke Cement Company and all its related assets, establishing our domestic manufacturing and regional distribution capabilities in the Mid-Atlantic region through the addition of the Roanoke cement plant in Troutville, Virginia (our “Roanoke Plant”), a marine import terminal in South Norfolk, Virginia (our “Norfolk Terminal”) and a rail-connected distribution network in Virginia and North Carolina. Between 1996 and 2002, we invested $110 million in our Roanoke Plant, which included a major modernization of its clinker and cement production process, as well as the addition of a preheater/precalciner, a new clinker cooler, new clinker silos, a new finish mill and a new packaged cement line. In 2000, we acquired Tarmac America Inc., including the remaining 41% of Roanoke Cement Company, giving us initial positions in ready-mix concrete and block operations across the State of Florida, as well as our Pennsuco facility in Medley, Florida (“Pennsuco”) that produces cement, aggregates, ready-mix concrete and concrete block. In 2002, we acquired Separation Technologies (“ST”), a market leader in fly ash beneficiation and marketing. Throughout the early 2000s, we made significant investments to expand and improve the logistics and import capabilities of the business establishing a cement import terminal at the Port Tampa Bay, Florida (our “Port Tampa Bay Terminal”), and modernizing the Essex import operation at Port Newark in Metro New York (our “Essex Terminal”). Between 2001 and 2006, we invested approximately $254 million in our Pennsuco plant, which included modernization efforts with the commissioning of a state-of-the-art clinker production line, significantly increasing clinker production capacity at much lower energy consumption rates, and the addition of a new finish mill and a new packaging operation. Between 2006 and 2007, we invested approximately $365 million to significantly expand our ready-mix footprint through the acquisition of the S&W Ready Mix Concrete Company (“S&W Ready Mix”), which operated 26 concrete plants in the Carolinas, the Mechanicsville Concrete Company and five plants under the Powhatan Ready Mix brand in and around Richmond, Virginia. We also completed acquisitions of three ready-mix businesses on the west coast of Florida, including nine concrete plants located in and between Tampa and Fort Myers. In addition to these acquisitions, we installed 11 greenfield ready-mix concrete plants and one block production line throughout our territory which expanded our geographic footprint and improved density of delivery and manufacturing capacity in growing markets. In early 2010, we invested in a sand mine in Sussex County, Virginia, followed by commencing our operations in New Castle, Virginia (our “Castle Sands Operation”) in 2011 and Branchville, Virginia in 2019. From 2014 to 2023, we invested $53 million in an overland conveyor and two new draglines at the Pennsuco quarry. In 2017, we entered into a long-term mining royalty agreement and began operating a crushed limestone quarry in Estero, Florida, near Fort Myers. We upgraded the operations by installing a dragline and mobile mining fleet, as well as expanding the existing permit to substantially increase the base of reserves, all of which provide a stable source of aggregates for both external sale and internal consumption. Between 2018 and 2023, we invested $52 million in modernizing our logistics network in the Mid-Atlantic, including (i) investments in increasing silo storage capacity and installation of an automated loadout system at our Roanoke Plant, (ii) expansion of the Winston-Salem, Charlotte, Selma and Wilmington rail terminals to allow for multiple products, optimized storage and distribution capabilities and (iii) installation of a hybrid loadout system at the Norfolk Terminal capable of loading both trucks and rail cars. In 2023, we completed a $73 million investment at our Port Tampa Bay Terminal and our Norfolk Terminal, constructing new domes, adding multi-product storage capacity of approximately 70,000 tons each, as well as on other repairs and refurbishments. Recent investments we have made seek to capitalize on dynamic growth themes in the U.S. economy, including decarbonization, circular economy, resilient urbanization, infrastructure modernization, refurbishment and renovation, new construction technologies and high-performance products. We believe these initiatives contribute to and will act as significant drivers of growth. We have developed new cement types requiring less carbon intensive inputs that perform equally or better than conventional cements, resulting in lower CO2 content of the final product. We have replaced over 95% of our standard use Ordinary Portland Cement (“OPC”) production with Lower-Carbon Cement, improving the CO2 emissions per ton of product by up to 10% compared to OPC. We are currently investing in the development of our Type IT cement (a ternary cement blend) that requires even less amount of clinker while delivering equal or better performance than Lower-Carbon Cement. Depending on the type of SCM used (such as fly ash, slag, calcined clay or natural pozzolans) the total reduction in clinker quantity can reach up to 50% compared to OPC cements, resulting in a significant reduction of the CO2 emissions per ton of product. We are also committed to digital transformation. We are early adopters of artificial intelligence and machine learning (“AI/ML”) technologies in our industry, which we employ to increase plant reliability and capacity utilization, improve product quality, proactively manage operating and maintenance costs and improve energy efficiency. These initiatives place our cement plants in the top five most efficient in the U.S. cement industry out of companies participating in a 2022 Portland Cement Association (“PCA”) survey. We created a Digital Center of Excellence in 2022, which has driven digital transformation across our entire supply chain and fostered continuous improvement and fine-tuning of existing industrial AI/ML solutions, as well as the development and implementation of similar solutions in our commercial and logistics activities. Our investments in state-of-the-art operations and process control systems have also resulted in the deployment of predictive maintenance systems, based on data analytics for equipment faults and process anomaly detection to improve the reliability of our operations, and predictive quality analytics that improve product quality and consistency. Throughout the United States, we operate and maintain two cement plants, three marine import terminals, seven active mine locations, 82 ready-mix locations with 92 batch plants, eight concrete block locations with 13 production lines, seven fly ash plants and 21 distribution hubs that can handle various combinations of our products. We were incorporated on July 17, 2024 as a company with limited liability, incorporated and operating under the laws of Belgium. Our principal executive offices are located at 1000 Bruxelles, Square de Meeûs 37, Belgium, which is also our registered office. We also have offices at 5700 Lake Wright Drive, Suite 300, Norfolk, Virginia.
About Hillman Solutions (Get Free Report)
Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers. Leveraging a world-class distribution and sales network, Hillman delivers a “small business” experience with “big business” efficiency.
Receive News & Ratings for Titan America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Titan America and related companies with MarketBeat.com's FREE daily email newsletter.
CINCINNATI, April 06, 2026 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, announced that it has acquired the Campbell Chain & Fittings (“Campbell”) business, a premier manufacturer and supplier of industrial chain and chain-related products, from Apex Tool Group, LLC.
The acquisition of Campbell adds US-based manufacturing, complements our existing chain business and increases Hillman’s breadth of chain offerings to include commercial and industrial applications, adding grade 70, grade 80, and grade 100 chain to its product portfolio.
This acquisition expands Hillman’s position within the industrial MRO sector of the market, a key focus area for its future growth.
“With over 105 years in the business, Campbell is a well-respected manufacturer and supplier of chain and related products with a diverse set of customers that will make a great addition to Hillman,” commented Jon Michael Adinolfi, president, and chief executive officer of Hillman. “Going forward, we will continue to pursue attractive acquisition opportunities as a key part of our growth strategy.”
Chris Martin, Hillman’s Executive Vice President of Commercial & Industrial, added: “The acquisition of Campbell expands our presence in the industrial MRO channel, considering commercial and industrial customers make up the majority of Campbell’s business. Further, this deal complements our 2024 acquisition of Koch Industries, which marked Hillman’s entrance into the chain category.”
Founded in 1919, Campbell offers an extensive product offering to its broad base of commercial, industrial and retail customers across the US and Canada. Its products include welded and weldless chain, forged fittings, overhead lifting, and lifting clamp products.
Campbell serves attractive end markets, including agriculture, forestry, government, heavy/light duty equipment, industrial, marine, material handling, and hardware stores.
Hillman expects to recognize over $20 million in net sales during its 2026 fiscal year from the Campbell acquisition. Financial terms of the transaction were not disclosed.
About Campbell Chain & Fittings
Founded in 1919, Campbell is a premier manufacturer of chain and chain-related products serving industrial, construction, marine, and energy markets across North America. With a long-standing reputation for quality, safety, and innovation, Campbell’s comprehensive portfolio includes made-in-the-USA high-performance chain, fittings, and material-handling solutions engineered to meet the most demanding applications. Campbell’s manufacturing plant and headquarters are in York, Pennsylvania and its forging facility is based in Sumter, South Carolina. Campbell is one of the many leading brands of Apex Tool Group (“ATG”), one of the world’s largest manufacturers of professional hand and power tools. For more information visit www.campbellchainandfittings.com.
About Hillman Solutions Corp.
Founded in 1964 and headquartered in Cincinnati, Hillman is a leading provider of hardware and related products serving retail, pro distribution, and industrial MRO customers. Over the last 60-plus years, Hillman has built a legacy of service and growth by forming strategic partnerships with North America’s leading home improvement, hardware, and farm and fleet retailers. Hillman differentiates itself from the competition with its dedicated field sales team of 1,200+ associates, direct-to-store distribution capabilities, and world class global sourcing and supply chain expertise. The company offers an extensive product portfolio of more than 111,000 SKUs, including fasteners (power screws, nuts, and bolts), hardware (builder’s hardware, rope & chain, accessories), project gear & supplies (gloves, work gear, paint & cleaning sundries), and key and engraving services (key duplication, auto keys, and engraving). Hillman is committed to delivering exceptional customer service, innovative products, and dependable solutions to its customers and regularly earns vendor of the year recognition from top customers. For more information on Hillman, visit www.hillman.com.
Forward-Looking Statements
All statements made in this press release that are considered to be forward-looking are made in good faith by the Company and are intended to qualify for the safe harbor from liability established by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. You should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," “target”, “goal”, "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations with respect to future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) unfavorable economic conditions that may affect our and our customers’, suppliers’ and other business partners’ operations, financial condition and cash flows including spending on home renovation or construction projects, inflation, recessions, instability in the financial markets or credit markets; (2) increased supply chain costs, including tariffs, raw materials, sourcing, transportation and energy; (3) the highly competitive nature of the markets that we serve; (4) the ability to continue to innovate with new products and services; (5) seasonality; (6) large customer concentration; (7) the ability to recruit and retain qualified employees; (8) the outcome of any legal proceedings that may be instituted against the Company; (9) adverse changes in currency exchange rates; or (10) regulatory changes and potential legislation that could adversely impact financial results. The foregoing list of factors is not exclusive, and readers should also refer to those risks that are included in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Annual Report on Form 10-K filed on February 20, 2025. Given these uncertainties, current or prospective investors are cautioned not to place undue reliance on any such forward looking statements.
Except as required by applicable law, the Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this communication to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Contact:
Investors
Michael Koehler
Vice President of Investor Relations & Treasury
513-826-5495 [email protected]
CINCINNATI, April 10, 2026 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware-related products and merchandising solutions, is proud to announce that it has earned the prestigious 2026 USA TODAY Top Workplaces award.
The award honors organizations with 150 or more employees that have created exceptional, people-first cultures. Hillman’s recognition is based directly on employee feedback gathered through a confidential, companywide survey.
This year, more than 42,000 organizations were invited to participate. Winners are recognized for their commitment to fostering a workplace environment that values employee listening and engagement. USA TODAY showcased the winners online and at the National Awards Summit in Las Vegas.
In addition to the national recognition, Hillman was also honored with regional Top Workplaces awards for its locations in Colorado, Jacksonville, South Florida, and Kansas City, reflecting the company’s consistent culture and employee experience across its nationwide operations.
“This recognition is especially meaningful because it comes directly from our team members,” said Jon Michael Adinolfi, president and chief executive officer of Hillman. “Our people are the foundation of our success. We are committed to building an environment where every team member feels valued, empowered, and supported to do their best work. Earning both national and regional Top Workplaces honors reinforces that our culture is strong across our entire organization.”
The winners are determined by authentic employee feedback captured through a confidential survey conducted by Energage, the HR research and technology company behind the Top Workplaces program since 2006. The results are calculated based on employee responses to statements about Workplace Experience Themes, which are proven indicators of high performance.
“Earning a USA TODAY Top Workplaces award is a testament to an organization’s credibility and commitment to a people-first culture,” said Eric Rubino, CEO of Energage. “This award, driven by real employee feedback, is more than just a recognition — it’s proof that your employees believe in the organization and its leadership. Job seekers and customers look for this trusted badge of credibility and excellence. It signals a company that values its people, and that kind of culture resonates in today’s competitive market.”
ABOUT THE HILLMAN GROUP
Founded in 1964 and headquartered in Cincinnati, Hillman is a leading provider of hardware and related products serving retail, pro distribution, and industrial MRO customers. Over the last 60-plus years, Hillman has built a legacy of service and growth by forming strategic partnerships with North America’s leading home improvement, hardware, and farm and fleet retailers. Hillman differentiates itself from the competition with its dedicated field sales team of 1,200+ associates, direct-to-store distribution capabilities, and world class global sourcing and supply chain expertise. The company offers an extensive product portfolio of more than 111,000 SKUs, including fasteners (power screws, nuts, and bolts), hardware (builder’s hardware, rope & chain, accessories), project gear & supplies (gloves, work gear, paint & cleaning sundries), and key and engraving services (key duplication, auto keys, and engraving). Hillman is committed to delivering exceptional customer service, innovative products, and dependable solutions to its customers and regularly earns vendor of the year recognition from top customers. For more information on Hillman, visit www.hillman.com.
ABOUT ENERGAGE
Making the world a better place to work together.TM
Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 20 years of culture research and the results from 30 million employees surveyed across more than 80,000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit energage.com or
CINCINNATI, April 13, 2026 (GLOBE NEWSWIRE) -- Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, announced that it has acquired Delaney hardware, a U.S.-based supplier of door hardware and builder’s hardware used in residential, multifamily, and commercial construction.
The acquisition of Delaney expands Hillman’s breadth in the pro distribution channel adding door hardware and expanding builder’s hardware to Hillman’s pro distribution business.
Delaney offers door hardware including entry locksets, deadbolts, door handles, digital and smart locks, and related builder’s hardware for multifamily, new construction and commercial use. Based near Atlanta, Delaney primarily serves builders, contractors, and building-product distributors across the United States, with concentration in the Southeast.
“The acquisition of Delaney increases our presence in the pro distribution channel and expands categories, both of which are strategic initiatives for Hillman,” commented Jon Michael Adinolfi, president, and chief executive officer of Hillman. “We look forward to leveraging this distribution platform to further increase our presence in pro distribution and Win the Pro.”
James Daly, Hillman’s recently appointed Senior Vice President, Pro, added: “Delaney is a well-respected regional distributor whose products expand our growing pro distribution capabilities adding both door hardware and builder’s hardware. We are confident that we can leverage Hillman’s core competencies together with Delaney’s pro distribution platform to drive profitable growth in the pro channel.”
Hillman expects to recognize over $10 million in net sales during its 2026 fiscal year from the Delaney acquisition. Financial terms of the transaction were not disclosed.
This acquisition marks Hillman’s second acquisition in 2026 having recently acquired Campbell Chain & Fittings. Hillman continues to pursue acquisition opportunities as a key part of its long-term growth strategy.
About Delaney Hardware, Inc.
Delaney Hardware is a U.S.-based supplier of a wide range of residential and commercial grade door hardware, including knobs and levers, handle sets, builder’s hardware, digital locks, and deadbolts. Delaney’s brands are known for their stylish and quality products for homes, multi-family projects, and businesses. Founded in 1992 and based in Atlanta, Delaney serves the pro market through emphasizing durability and smooth function, with products sold through distributors and building suppliers.
About Hillman Solutions Corp.
Founded in 1964 and headquartered in Cincinnati, Hillman is a leading provider of hardware and related products serving retail, pro distribution, and industrial MRO customers. Over the last 60-plus years, Hillman has built a legacy of service and growth by forming strategic partnerships with North America’s leading home improvement, hardware, and farm and fleet retailers. Hillman differentiates itself from the competition with its dedicated field sales team of 1,200+ associates, direct-to-store distribution capabilities, and world class global sourcing and supply chain expertise. The company offers an extensive product portfolio of more than 111,000 SKUs, including fasteners (power screws, nuts, and bolts), hardware (builder’s hardware, rope & chain, accessories), project gear & supplies (gloves, work gear, paint & cleaning sundries), and key and engraving services (key duplication, auto keys, and engraving). Hillman is committed to delivering exceptional customer service, innovative products, and dependable solutions to its customers and regularly earns vendor of the year recognition from top customers. For more information on Hillman, visit www.hillman.com.
Forward-Looking Statements
All statements made in this press release that are considered to be forward-looking are made in good faith by the Company and are intended to qualify for the safe harbor from liability established by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. You should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," “target”, “goal”, "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations with respect to future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) unfavorable economic conditions that may affect our and our customers’, suppliers’ and other business partners’ operations, financial condition and cash flows including spending on home renovation or construction projects, inflation, recessions, instability in the financial markets or credit markets; (2) increased supply chain costs, including tariffs, raw materials, sourcing, transportation and energy; (3) the highly competitive nature of the markets that we serve; (4) the ability to continue to innovate with new products and services; (5) seasonality; (6) large customer concentration; (7) the ability to recruit and retain qualified employees; (8) the outcome of any legal proceedings that may be instituted against the Company; (9) adverse changes in currency exchange rates; or (10) regulatory changes and potential legislation that could adversely impact financial results. The foregoing list of factors is not exclusive, and readers should also refer to those risks that are included in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Annual Report on Form 10-K filed on February 17, 2026. Given these uncertainties, current or prospective investors are cautioned not to place undue reliance on any such forward looking statements.
Except as required by applicable law, the Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this communication to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Contact:
Investors
Michael Koehler
Vice President of Investor Relations & Treasury
513-826-5495 [email protected]
NEW YORK & PARIS--(BUSINESS WIRE)--OpenGate Capital (“OpenGate”), a global private equity firm specializing in complex corporate carve-outs and operational transformations across the industrial sector, announced today that its portfolio company Sargent and Greenleaf (“S&G”) has completed the sale of Delaney Hardware to Hillman Solutions Corp. (Nasdaq: HLMN), a leading provider of hardware products and merchandising solutions. The transaction represents the final step in OpenGate's multi-pha.
Closed two acquisitions subsequent to quarter end - expanding Industrial MRO and Pro Distribution presence
Increases FY 2026 Net Sales guidance; reiterates Adj. EBITDA and Free Cash Flow guidance
CINCINNATI, April 27, 2026 (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 weeks ended March 28, 2026.
First Quarter 2026 Highlights (Thirteen weeks ended March 28, 2026)
Net sales increased 3.0% to $370.1 million compared to $359.3 million in the prior year quarterNet loss totaled $(4.7) million, or $(0.02) per diluted share, compared to $(0.3) million, or $(0.00) per diluted share, in the prior year quarterAdjusted diluted EPS1 totaled $0.07 per diluted share compared to $0.10 per diluted share in the prior year quarterAdjusted EBITDA1 totaled $50.1 million compared to $54.5 million in the prior year quarterNet cash used by operating activities was $(19.5) million compared to $(0.7) million in the prior year quarterFree Cash Flow1 totaled $(34.3) million compared to $(21.3) million in the prior year quarterHillman repurchased approximately 1.2 million shares of its common stock at an average price of $8.29 per share, which totaled $10.1 millionSubsequent to the quarter end, closed two acquisitions: Campbell Chain & Fittings, a premier manufacturer and supplier of industrial chain and related productsDelaney Hardware, a U.S.-based supplier of door hardware and builder’s hardware used in residential, multifamily, and commercial construction Balance Sheet and Liquidity at March 28, 2026
Gross debt was $737.8 million compared to $693.1 million on December 27, 2025Net debt1 was $710.1 million compared to $665.8 million on December 27, 2025Liquidity available totaled $282.4 million; consisting of $254.7 million of available borrowing under the revolving credit facility and $27.7 million of cash and equivalentsNet debt1 to trailing twelve month Adjusted EBITDA was 2.6x at quarter end compared to 2.4x on December 27, 2025 Management Commentary
"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 ('RDS') drove a solid quarter for Hillman, despite the impact from weather and the macro," commented Jon Michael Adinolfi, President and CEO of Hillman.
"We are raising our full year net sales guidance, driven by the two acquisitions we made subsequent to the end of the quarter. These tuck-in acquisitions support two important strategic initiatives for Hillman: category expansion and pro distribution."
"After the quarter end, we acquired Campbell Chain and Fittings, a premier manufacturer and supplier of industrial chain and chain-related products. This acquisition adds U.S.-based manufacturing and complements our existing retail chain business. Campbell also expands our position within the industrial MRO sector, a key focus area for our future growth.
"Additionally, one week later, we acquired Delaney Hardware, a U.S.-based supplier of door hardware and builder’s hardware used in residential, multifamily, and commercial construction. This acquisition expands our product breadth in our residential pro distribution business.
"We will continue to be laser focused on strengthening our leadership position, executing our strategy to expand across categories and channels, and unlocking meaningful growth opportunities. As we look to the rest of the year, we remain confident in our ability to drive growth and manage this dynamic environment while taking great care of our customers and delivering value for our shareholders.”
Full Year 2026 Guidance - Updated
Based on year-to-date performance and its expectations for the remainder of the year, management is updating its guidance most recently provided on February 17, 2026.
Previous FY 2026 GuidanceUpdated FY 2026 GuidanceNet Sales$1.600 to $1.700 billion$1.630 to $1.730 billionAdjusted EBITDA1$275 to $285 million$275 to $285 millionFree Cash Flow1$100 to $120 million$100 to $120 million 1) Denotes Non-GAAP metric. For additional information, including our definitions, use of, and reconciliations of these metrics to the most directly comparable financial measures under GAAP, please see the reconciliations toward the end of the press release.
First Quarter 2026 Results Presentation
Hillman plans to host a conference call and webcast presentation on April 28, 2026, at 8:30 a.m. Eastern Time to discuss its results. President and Chief Executive Officer Jon Michael Adinolfi and Chief Financial Officer Rocky Kraft will host the results presentation.
Date: Tuesday, April 28, 2026
Time: 8:30 a.m. Eastern Time
Listen-Only Webcast: https://edge.media-server.com/mmc/p/3we7oiaa
A webcast replay will be available approximately one hour after the conclusion of the call using the link above.
Hillman’s quarterly presentation and Form 10-Q are expected to be filed with the SEC and posted to its Investor Relations website, https://ir.hillmangroup.com, prior to the webcast presentation.
About Hillman Solutions Corp.
Founded in 1964 and headquartered in Cincinnati, Hillman is a leading provider of hardware and related products serving retail, pro distribution, and industrial MRO customers. Over the last 60-plus years, Hillman has built a legacy of service and growth by forming strategic partnerships with North America’s leading home improvement, hardware, and farm and fleet retailers. Hillman differentiates itself from the competition with its dedicated field sales team of 1,200+ associates, direct-to-store distribution capabilities, and world class global sourcing and supply chain expertise. The company offers an extensive product portfolio of more than 111,000 SKUs, including fasteners (power screws, nuts, and bolts), hardware (builder’s hardware, door locks, rope & chain, accessories), project gear & supplies (gloves, work gear, paint & cleaning sundries), and key and engraving services (key duplication, auto keys, and engraving). Hillman is committed to delivering exceptional customer service, innovative products, and dependable solutions to its customers and regularly earns vendor of the year recognition from top customers. For more information on Hillman, visit www.hillman.com.
Forward-Looking Statements
All statements made in this press release that are considered to be forward-looking are made in good faith by the Company and are intended to qualify for the safe harbor from liability established by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. You should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," “target”, “goal”, "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations with respect to future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) unfavorable economic conditions that may affect our and our customers’, suppliers’ and other business partners’ operations, financial condition and cash flows including spending on home renovation or construction projects, inflation, recessions, instability in the financial markets or credit markets; (2) increased supply chain costs, including tariffs, raw materials, sourcing, transportation and energy; (3) the highly competitive nature of the markets that we serve; (4) the ability to continue to innovate with new products and services; (5) seasonality; (6) large customer concentration; (7) the ability to recruit and retain qualified employees; (8) the outcome of any legal proceedings that may be instituted against the Company; (9) adverse changes in currency exchange rates; or (10) regulatory changes and potential legislation that could adversely impact financial results. The foregoing list of factors is not exclusive, and readers should also refer to those risks that are included in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Annual Report on Form 10-K filed on February 17, 2026. Given these uncertainties, current or prospective investors are cautioned not to place undue reliance on any such forward-looking statements.
Except as required by applicable law, the Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this communication to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Contact:
Michael Koehler
Vice President – Corporate Development, Investor Relations, Treasury
513-826-5495 [email protected]
HILLMAN SOLUTIONS CORP.
Condensed Consolidated Statement of Net Loss, GAAP Basis
(dollars in thousands) Unaudited
Thirteen Weeks Ended
March 28, 2026 Thirteen Weeks Ended
March 29, 2025Net sales$370,073 $359,343 Cost of sales (exclusive of depreciation and amortization shown separately below) 201,496 190,740 Selling, warehouse, general and administrative expenses 124,571 119,052 Depreciation 21,999 19,395 Amortization 15,276 15,415 Other income, net (483) (274)Income from operations 7,214 15,015 Interest expense, net 13,005 14,460 Refinancing costs — 906 loss before income taxes (5,791) (351)Income tax benefit (1,059) (34)Net loss$(4,732) $(317) Basic and diluted loss per share$(0.02) $(0.00)Weighted average basic and diluted shares outstanding 196,626 197,284 HILLMAN SOLUTIONS CORP.
Condensed Consolidated Balance Sheets
(dollars in thousands)
Unaudited
March 28, 2026 December 27, 2025ASSETS Current assets: Cash and cash equivalents$27,731 $27,276 Accounts receivable, net of allowances of $1,876 ($1,944 - 2025) 138,767 114,926 Inventories, net 483,323 485,938 Other current assets 20,066 18,342 Total current assets 669,887 646,482 Property and equipment, net of accumulated depreciation of $446,048 ($428,726 - 2025) 224,575 231,482 Goodwill 830,372 830,747 Other intangibles, net of accumulated amortization of $607,790 ($592,748 - 2025) 530,707 546,171 Operating lease right of use assets 77,222 75,152 Other assets 28,216 26,160 Total assets$2,360,979 $2,356,194 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable$139,832 $141,662 Current portion of debt and financing lease liabilities 14,898 14,830 Current portion of operating lease liabilities 19,432 17,947 Accrued expenses: Salaries and wages 10,419 35,790 Pricing allowances 5,514 8,098 Income and other taxes 8,429 9,466 Other accrued liabilities 28,559 29,766 Total current liabilities 227,083 257,559 Long-term debt 714,055 668,337 Deferred tax liabilities 132,061 131,870 Operating lease liabilities 63,934 63,459 Other non-current liabilities 7,868 6,462 Total liabilities$1,145,001 $1,127,687 Commitments and contingencies (Note 6) Stockholders' equity: Common stock: $0.0001 par value, 500,000,000 shares authorized, 198,945,695 and 196,355,206 issued and outstanding in 2026, respectively, and 197,857,100 and 196,487,532 shares issued and outstanding in 2025, respectively 20 20 Treasury stock, at cost, 2,590,489 shares in 2026 and 1,369,568 shares in 2025 (22,539) (12,423)Additional paid-in capital 1,460,059 1,457,422 Accumulated deficit (183,378) (178,646)Accumulated other comprehensive loss (38,184) (37,866)Total stockholders' equity 1,215,978 1,228,507 Total liabilities and stockholders' equity$2,360,979 $2,356,194 HILLMAN SOLUTIONS CORP.
Condensed Consolidated Statement of Cash Flows
(dollars in thousands)
Unaudited
Thirteen Weeks Ended
March 28, 2026 Thirteen Weeks Ended
March 29, 2025Cash flows from operating activities: Net loss$(4,732) $(317)Adjustments to reconcile net loss to net cash used for operating activities: Depreciation and amortization 37,275 34,810 Deferred income taxes 218 (974)Deferred financing and original issue discount amortization 1,253 1,257 Stock-based compensation expense 4,007 3,278 Loss on debt restructuring — 906 Cash paid to third parties in connection with debt restructuring — (906)Loss (gain) on disposal of property and equipment 14 (139)Change in fair value of contingent consideration (509) (326)Changes in operating items: Accounts receivable, net (24,128) (24,617)Inventories, net 2,909 7,319 Other assets (3,950) (2,152)Accounts payable (1,548) 11,340 Accrued salaries and wages (25,415) (20,769)Other accrued expenses (4,927) (9,365)Net cash used for operating activities (19,533) (655)Net cash from investing activities Capital expenditures (14,815) (20,658)Other investing activities (55) (67)Net cash used for investing activities (14,870) (20,725)Cash flows from financing activities: Repayments of senior term loans (2,128) (2,128)Borrowings on revolving credit loans 72,162 62,000 Repayments of revolving credit loans (25,000) (44,000)Principal payments under finance lease obligations (1,484) (1,270)Proceeds from exercise of stock options 1,483 306 Repurchases of common stock (10,116) — Payments of contingent consideration (77) (75)Other financing activities (114) (440)Net cash provided by financing activities 34,726 14,393 Effect of exchange rate changes on cash 132 (1,214)Net increase (decrease) in cash and cash equivalents 455 (8,201)Cash and cash equivalents at beginning of period 27,276 44,510 Cash and cash equivalents at end of period$27,731 $36,309 Reconciliations of Non-GAAP Financial Measures to the Most Directly Comparable GAAP Financial Measures
The Company uses non-GAAP financial measures to analyze underlying business performance and trends. The Company believes that providing these non-GAAP financial measures enhances the Company’s and investors’ ability to compare the Company’s past financial performance with its current performance. These non-GAAP financial measures are provided as supplemental information to the financial measures presented in this press release that are calculated and presented in accordance with GAAP. Non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures determined or calculated in accordance with GAAP. The Company’s definitions of its non-GAAP financial measures may not be comparable to similarly titled measures reported by other companies. Because GAAP financial measures on a forward-looking basis are not accessible, and reconciling information is not available without unreasonable effort, reconciliations to GAAP financial measures are not provided for forward-looking non-GAAP measures. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could be material to future results.
Non-GAAP financial measures such as consolidated adjusted EBITDA and Adjusted Diluted Earnings per Share (EPS) exclude from the relevant GAAP metrics items that neither relate to the ordinary course of the Company’s business, nor reflect the Company’s underlying business performance.
Reconciliation of Adjusted EBITDA (Unaudited)
(dollars in thousands)
Adjusted EBITDA is a non-GAAP financial measure and is the primary basis used to measure the operational strength and performance of our businesses as well as to assist in the evaluation of underlying trends in our businesses. This measure eliminates the significant level of noncash depreciation and amortization expense that results from the capital-intensive nature of our businesses and from intangible assets recognized in business combinations. It is also unaffected by our capital and tax structures, as our management excludes these results when evaluating our operating performance. Our management use this financial measure to evaluate our consolidated operating performance and the operating performance of our operating segments as well as to allocate resources and capital to our operating segments. Additionally, we believe that Adjusted EBITDA is useful to investors because it is one of the bases for comparing our operating performance with that of other companies in our industries, although our measure of Adjusted EBITDA may not be directly comparable to similar measures used by other companies.
Thirteen Weeks Ended
March 28, 2026 Thirteen Weeks Ended
March 29, 2025Net loss$(4,732) $(317)Income tax benefit (1,059) (34)Interest expense, net 13,005 14,460 Depreciation 21,999 19,395 Amortization 15,276 15,415 EBITDA$44,489 $48,919 Stock compensation expense 4,007 3,278 Restructuring and other (1) 2,011 1,691 Transaction and integration expense (2) 92 58 Change in fair value of contingent consideration (509) (326)Refinancing costs (3) — 906 Total adjusting items 5,601 5,607 Adjusted EBITDA$50,090 $54,526 (1)Includes consulting and other costs associated with severance related to our distribution center relocations and corporate restructuring activities.(2)Transaction and integration expense includes professional fees and other costs related to acquisition activity, including the to the Campbell Chain and Fittings and Delaney Hardware acquisitions in 2026.(3)In the first quarter of 2025, we entered into a Repricing Amendment on our existing Senior Term Loan due July 14, 2028. Reconciliation of Adjusted Diluted Earnings Per Share
(in thousands, except per share data)
Unaudited
We define Adjusted Diluted EPS as reported diluted EPS excluding the effect of one-time, non-recurring activity and volatility associated with our income tax expense. The Company believes that Adjusted Diluted EPS provides further insight and comparability in operating performance as it eliminates the effects of certain items that are not comparable from one period to the next. The following is a reconciliation of reported diluted EPS from continuing operations to Adjusted Diluted EPS from continuing operations:
Thirteen Weeks Ended
March 28, 2026 Thirteen Weeks Ended
March 29, 2025Reconciliation to Adjusted Net Income Net Loss$(4,732) $(317)Remove adjusting items (1) 5,601 5,607 Remove amortization expense 15,276 15,415 Remove tax benefit on adjusting items and amortization expense (2) (1,506) (1,720)Adjusted Net Income$14,639 $18,985 Reconciliation to Adjusted Diluted Earnings per Share Diluted Earnings per Share$(0.02) $0.00 Remove adjusting items (1) 0.03 0.03 Remove amortization expense 0.08 0.08 Remove tax benefit on adjusting items and amortization expense (2) (0.01) (0.01)Adjusted Diluted Earnings per Share$0.07 $0.10 Diluted Shares, as reported 196,626 197,284 Non-GAAP dilution adjustments: Dilutive effect of stock options and awards 2,467 2,553 Adjusted Diluted Shares 199,093 199,837 Note: Adjusted EPS may not add due to rounding.
(1)Please refer to the "Reconciliation of Adjusted EBITDA" table above for additional information on adjusting items. See the "Per share impact of Adjusting Items" table below for the per share impact of each adjustment.(2)We have calculated the income tax effect of the non-GAAP adjustments shown above at the applicable statutory rate of 25% for the U.S. and 26.2% for Canada except for the following items: a.The tax impact of stock compensation expense was calculated using the statutory rates above, excluding certain awards that are non-deductible. b.Amortization expense for financial accounting purposes was offset by the tax benefit of deductible amortization expense using the statutory rate of 25%. Per Share Impact of Adjusting Items
Thirteen Weeks Ended
March 28, 2026
Thirteen Weeks Ended
March 29, 2025
Stock compensation expense$0.02 $0.02 Restructuring and other costs 0.01 0.01 Transaction and integration expense 0.00 0.00 Change in fair value of contingent consideration 0.00 0.00 Refinancing costs 0.00 0.00 Total adjusting items$0.03 $0.03 Note: Adjusting items may not add due to rounding.
Reconciliation of Net Debt
We define Net Debt as reported gross debt less cash on hand. Net debt is not defined under U.S. GAAP and may not be computed the same as similarly titled measures used by other companies. The Company believes that Net Debt provides further insight and comparability into liquidity and capital structure. The following is the calculation of Net Debt:
March 28, 2026
December 27, 2025
Revolving loans$83,162 $36,000 Senior term loan, due 2028 634,832 636,960 Finance leases and other obligations 19,851 20,090 Gross debt$737,845 $693,050 Less cash 27,731 27,276 Net debt$710,114 $665,774 Reconciliation of Free Cash Flow
We calculate free cash flow as cash flows from operating activities less capital expenditures. Free cash flow is not defined under U.S. GAAP and may not be computed the same as similarly titled measures used by other companies. We believe free cash flow is an important indicator of how much cash is generated by our business operations and is a measure of incremental cash available to invest in our business and meet our debt obligations.
Thirteen Weeks Ended
March 28, 2026 Thirteen Weeks Ended
March 29, 2025Net cash used by operating activities$(19,533) $(655)Capital expenditures (14,815) (20,658)Free cash flow$(34,348) $(21,313) Source: Hillman Solutions Corp.
Hillman Solutions Corp. (HLMN - Free Report) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -12.50%. A quarter ago, it was expected that this company would post earnings of $0.1 per share when it actually produced earnings of $0.1, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Hillman Solutions Corp., which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $370.07 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.17%. This compares to year-ago revenues of $359.34 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Hillman Solutions Corp. shares have added about 1.7% since the beginning of the year versus the S&P 500's gain of 4.7%.
What's Next for Hillman Solutions Corp.?While Hillman Solutions Corp. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Hillman Solutions Corp. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.17 on $425.2 million in revenues for the coming quarter and $0.61 on $1.65 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Miscellaneous is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Janus International Group, Inc. (JBI - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 12.
This company is expected to post quarterly earnings of $0.10 per share in its upcoming report, which represents a year-over-year change of -23.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Janus International Group, Inc.'s revenues are expected to be $210 million, down 0.2% from the year-ago quarter.
LOWELL, Mass., April 23, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI) plans to announce financial results for its second quarter ended April 3, 2026, before market open on Thursday, May 7, 2026. In conjunction with the release, MACOM will conduct a conference call at 8:30 a.m. Eastern Time on Thursday, May 7, 2026 hosted by Mr. Stephen G. Daly, President and Chief Executive Officer, and Mr. John F. Kober, Senior Vice President and Chief Financial Officer.
Please visit MACOM’s Investor Relations Website to register for a user-specific access code for the live call or to access the live webcast. A replay of the call will be available within 24 hours and remain accessible by all interested parties for approximately 90 days.
About MACOM
MACOM designs and manufactures high performance semiconductor products for the Industrial and Defense, Data Center and Telecommunications industries. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. MACOM has achieved certification to the IATF16949 automotive standard, the AS9100D aerospace standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. MACOM operates facilities across the United States, Europe, Asia and is headquartered in Lowell, Massachusetts. To learn more, please visit www.macom.com.
Company Contact:
MACOM Technology Solutions Holdings, Inc.
Stephen Ferranti, Senior Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]
Evergreen Capital Management LLC acquired a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,968 shares of the semiconductor company’s stock, valued at approximately $851,000.
Several other hedge funds also recently bought and sold shares of the business. Sumitomo Mitsui Trust Group Inc. grew its position in MACOM Technology Solutions by 2.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,799 shares of the semiconductor company’s stock valued at $479,000 after acquiring an additional 62 shares during the last quarter. Merit Financial Group LLC grew its position in MACOM Technology Solutions by 3.9% in the 3rd quarter. Merit Financial Group LLC now owns 1,834 shares of the semiconductor company’s stock valued at $228,000 after acquiring an additional 68 shares during the last quarter. Larson Financial Group LLC grew its position in MACOM Technology Solutions by 19.4% in the 3rd quarter. Larson Financial Group LLC now owns 418 shares of the semiconductor company’s stock valued at $52,000 after acquiring an additional 68 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in MACOM Technology Solutions by 75.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 93 shares during the last quarter. Finally, Vise Technologies Inc. grew its position in MACOM Technology Solutions by 5.3% in the 3rd quarter. Vise Technologies Inc. now owns 2,014 shares of the semiconductor company’s stock valued at $251,000 after acquiring an additional 102 shares during the last quarter. Institutional investors own 76.14% of the company’s stock.
Insider Transactions at MACOM Technology Solutions In related news, major shareholder Susan Ocampo sold 261,763 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $254.43, for a total transaction of $66,600,360.09. Following the sale, the insider owned 3,759,895 shares of the company’s stock, valued at $956,630,084.85. This trade represents a 6.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Robert Dennehy sold 18,398 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $245.25, for a total value of $4,512,109.50. Following the sale, the chief operating officer directly owned 12,864 shares in the company, valued at approximately $3,154,896. The trade was a 58.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 753,113 shares of company stock worth $184,368,095. Corporate insiders own 0.36% of the company’s stock.
Analyst Upgrades and Downgrades Several brokerages have commented on MTSI. Jefferies Financial Group upped their price objective on MACOM Technology Solutions from $185.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Bank of America upped their price objective on MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Loop Capital began coverage on MACOM Technology Solutions in a research report on Friday, April 10th. They issued a “buy” rating and a $300.00 price objective on the stock. Benchmark upped their price objective on MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, Truist Financial upped their price objective on MACOM Technology Solutions from $200.00 to $261.00 and gave the company a “buy” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, MACOM Technology Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $251.45.
Check Out Our Latest Stock Report on MTSI
MACOM Technology Solutions Stock Performance Shares of MACOM Technology Solutions stock opened at $287.64 on Friday. The firm has a market cap of $21.58 billion, a P/E ratio of 135.04, a P/E/G ratio of 4.72 and a beta of 1.48. The company has a current ratio of 3.96, a quick ratio of 3.18 and a debt-to-equity ratio of 0.30. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $99.78 and a 12 month high of $294.00. The stock’s fifty day moving average price is $242.26 and its 200-day moving average price is $200.78.
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.99 by $0.03. The firm had revenue of $271.61 million for the quarter, compared to analyst estimates of $269.02 million. MACOM Technology Solutions had a return on equity of 15.55% and a net margin of 15.88%.The business’s revenue for the quarter was up 24.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.79 earnings per share. MACOM Technology Solutions has set its Q2 2026 guidance at 1.050-1.090 EPS. On average, equities research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.2 earnings per share for the current fiscal year.
About MACOM Technology Solutions (Free Report)
MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.
The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.
Featured Stories Five stocks we like better than MACOM Technology Solutions
Receive News & Ratings for MACOM Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MACOM Technology Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINECaprock Group LLC Buys New Shares in Casey’s General Stores, Inc. $CASY
NEXT HEADLINE »Evergreen Capital Management LLC Increases Holdings in Nokia Corporation $NOK
The information technology sector delivered some of the portfolio's strongest performance in the fourth quarter. A strong ramp-up of Coherent's optical transceivers sales drove strong growth in its networking segment. Macom Technology Solutions' strong third-quarter earnings addressed investor concerns related to margin volatility, leading to a rebound in the fourth quarter.
Analysts on Wall Street project that M/A-Com (MTSI - Free Report) will announce quarterly earnings of $1.07 per share in its forthcoming report, representing an increase of 25.9% year over year. Revenues are projected to reach $285.1 million, increasing 20.9% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some M/A-Com metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Revenue by Primary Markets- Telecom' will reach $69.84 million. The estimate indicates a year-over-year change of +7.2%.
Based on the collective assessment of analysts, 'Revenue by Primary Markets- Industrial & Defense' should arrive at $119.48 million. The estimate suggests a change of +21.2% year over year.
The collective assessment of analysts points to an estimated 'Revenue by Primary Markets- Data Center' of $95.84 million. The estimate indicates a year-over-year change of +32.8%.
View all Key Company Metrics for M/A-Com here>>>
Over the past month, shares of M/A-Com have returned +25.2% versus the Zacks S&P 500 composite's +9.5% change. Currently, MTSI carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
LOWELL, Mass., May 07, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal second quarter ended April 3, 2026.
Second Quarter Fiscal Year 2026 GAAP Results
Revenue was $289.0 million, an increase of 22.5%, compared to $235.9 million in the previous year fiscal second quarter and an increase of 6.4% compared to $271.6 million in the prior fiscal quarter;Gross margin was 56.9%, compared to 55.2% in the previous year fiscal second quarter and 55.9% in the prior fiscal quarter;Income from operations was $50.8 million, or 17.6% of revenue, compared to income from operations of $34.9 million, or 14.8% of revenue, in the previous year fiscal second quarter and income from operations of $43.3 million, or 15.9% of revenue, in the prior fiscal quarter; andNet income was $46.3 million, or $0.60 per diluted share, compared to net income of $31.7 million, or $0.42 per diluted share, in the previous year fiscal second quarter, and net income of $48.8 million, or $0.64 per diluted share, in the prior fiscal quarter. Second Quarter Fiscal Year 2026 Adjusted Non-GAAP Results
Adjusted gross margin was 58.5%, compared to 57.5% in the previous year fiscal second quarter and 57.6% in the prior fiscal quarter;Adjusted income from operations was $80.5 million, or 27.8% of revenue, compared to adjusted income from operations of $59.8 million, or 25.4% of revenue, in the previous year fiscal second quarter and adjusted income from operations of $74.0 million, or 27.2% of revenue, in the prior fiscal quarter; andAdjusted net income was $84.3 million, or $1.09 per diluted share, compared to adjusted net income of $64.3 million, or $0.85 per diluted share, in the previous year fiscal second quarter and adjusted net income of $78.2 million, or $1.02 per diluted share, in the prior fiscal quarter. Management Commentary
“We are pleased with our first half fiscal year results and look forward to strong revenue growth and profitability in the second half,” said Stephen G. Daly, President and Chief Executive Officer, MACOM.
Business Outlook
For the fiscal third quarter ending July 3, 2026, MACOM expects revenue to be in the range of $331 million to $339 million. Adjusted gross margin is expected to be between 59.0% and 60.0%, and adjusted earnings per diluted share is expected to be between $1.31 and $1.37 utilizing an anticipated non-GAAP income tax rate of 3% and 78.5 million fully diluted shares outstanding.
Conference Call
MACOM will host a conference call on Thursday, May 7, 2026, at 8:30 a.m. Eastern Time to discuss its fiscal second quarter 2026 financial results and business outlook. Investors and analysts may visit MACOM's Investor Relations website at https://ir.macom.com/events-webcasts to register for a user-specific access code for the live call or to access the live webcast. A replay of the call will be available within 24 hours and remain accessible by all interested parties for approximately 90 days.
About MACOM
MACOM designs and manufactures high-performance semiconductor products for the Industrial and Defense, Data Center and Telecommunications industries. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. MACOM has achieved certification to the IATF16949 automotive standard, the AS9100D aerospace standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. MACOM operates facilities across the United States, Europe, Asia and is headquartered in Lowell, Massachusetts.
Special Note Regarding Forward-Looking Statements
This press release and the associated earnings call contains forward-looking statements. These forward-looking statements include, among others, statements about MACOM’s strategic plans, priorities and long-term growth drivers, our ability to execute our long-term strategy, strengthen our position and drive market share gains and growth, our ability to develop new products and differentiated solutions, achieve market acceptance of those products and solutions and better address certain markets, expand our capabilities and extend our product offerings, including through our fabrication facility execution and continued improvements, our team’s capabilities and technologies and expansion and growth thereof and any potential financial benefits derived by and financial impact to MACOM therefrom, strength and competitiveness of new product introductions and technology portfolio expansion, including the anticipated rate of new product introductions and technology licensing and transfer activities, anticipated demand for our products, including backlog levels and book-to-bill trends, MACOM’s profitability, revenue targets, gross margin and operating margin improvements, end-market-specific revenue growth expectations, prospects and growth opportunities in our three primary markets, including the anticipated timing of production programs and associated revenues, the potential impact to our business of an economic downturn or recession, anticipated financial and business performance improvements, expectations regarding cash flow from operations and capital expenditures, our anticipated non-GAAP income tax rate and the expected impact of recent tax legislation thereon, MACOM’s strategic investment and other plans, including investments and agreements intended to further strengthen our supply chain and support our revenue growth objectives, negotiation and finalization of a definitive agreement with, and receipt of, funding from the Federal and State governments, the estimated financial results for our 2026 fiscal third quarter and the stated business outlook and future results of operations.
These forward-looking statements reflect MACOM’s current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause those events or our actual activities or results to differ materially from those indicated by the forward-looking statements, including statements regarding our business outlook, strategic plans and priorities, expectations, anticipated drivers of future revenue growth, our plans for use of our cash and cash equivalents and short-term investments, interest rate and foreign currency risks, our ability to meet working capital requirements, estimates and objectives for future operations, our future results of operations and our financial position; and those other factors described in “Risk Factors” in MACOM’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other filings with the SEC. These forward-looking statements speak only as of the date of this press release, and MACOM undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Discussion Regarding the Use of Historical and Forward-Looking Non-GAAP Financial Measures
In addition to United States Generally Accepted Accounting Principles (“GAAP”) reporting, MACOM provides investors with financial measures that have not been calculated in accordance with GAAP, such as: non-GAAP gross profit and gross margin, non-GAAP operating expenses, non-GAAP income from operations and operating margin, non-GAAP EBITDA, non-GAAP net income, non-GAAP diluted earnings per share, non-GAAP diluted shares, non-GAAP income tax rate and non-GAAP interest income. In this release or elsewhere, we may alternatively refer to such non-GAAP measures as “adjusted” measures. This non-GAAP information excludes the effect, where applicable, of intangible amortization expense, share-based compensation expense, non-cash interest, net, acquisition and integration related costs, loss on debt extinguishment, and the tax effect of each non-GAAP adjustment.
Management believes these excluded items are not reflective of our underlying performance and uses these non-GAAP financial measures to: evaluate our ongoing operating performance and compare it against prior periods, make operating decisions, forecast future periods, evaluate potential acquisitions, compare our operating performance against peer companies and assess certain compensation programs. We believe this non-GAAP financial information provides additional insight into our ongoing performance and have therefore chosen to provide this information to investors to help them evaluate the results of our ongoing operations and enable more meaningful period-to-period comparisons. These non-GAAP measures are provided in addition to, and not as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP.
A reconciliation between GAAP and non-GAAP financial data is included in the supplemental financial data attached to this press release. We have not provided a reconciliation with respect to any forward-looking non-GAAP financial data presented because we do not have and cannot reliably estimate certain key inputs required to calculate the most comparable GAAP financial data, such as future acquisition costs, the possibility and impact of any litigation costs, changes in our GAAP effective tax rate and impairment charges. We believe these unknown inputs are likely to have a significant impact on any estimate of the comparable GAAP financial data.
Investors are cautioned against placing undue reliance on non-GAAP financial measures and are urged to review and consider carefully the adjustments made by management to the most directly comparable GAAP financial measures. Non-GAAP financial measures may have limited value as analytical tools because they may exclude certain expenses that some investors consider important in evaluating our operating performance or ongoing business performance. Further, non-GAAP financial measures may have limited value for purposes of drawing comparisons between companies because different companies may calculate similarly titled non-GAAP financial measures in different ways because non-GAAP measures are not based on any comprehensive set of accounting rules or principles.
Additional information and management’s assessment regarding why certain items are excluded from our non-GAAP measures are summarized below:
Amortization Expense – is related to acquired intangible assets which are based upon valuation methodologies and are generally amortized over the expected life of the intangible asset at the time of acquisition, which may result in amortization amounts that vary over time. This non-cash expense is not considered by management in making operating decisions.
Share-Based Compensation Expense – includes share-based compensation expense for awards that are equity and liability classified on our balance sheet and the related employer tax expense at vesting. Share-based compensation expense is partially outside of our control due to factors such as stock price volatility and interest rates, which may be unrelated to our operating performance during the period in which the expense is incurred. It is an expense based upon valuation methodologies and assumptions that vary over time, and the amount of the expense can vary significantly between companies. Share-based compensation expense amounts are not considered by management in making operating decisions.
Non-cash Interest, Net – includes amounts associated with the amortization of certain fees associated with the establishment or amendment of our convertible notes that are being amortized over the life of the agreements. We believe these amounts are non-cash in nature, are not correlated to future business operations and do not reflect our ongoing operations.
Acquisition and Integration Related Costs – includes items such as professional fees, employee severance and other costs incurred in connection with acquisitions and integration specific activities which are not expected to have a continuing contribution to operations and the amortization of the fair market step-up value of acquired inventory and fixed assets. We believe the exclusion of these items is useful in providing management a basis to evaluate ongoing operating activities and strategic decision making.
Loss on Debt Extinguishment – includes loss on exchange of our convertible notes. This fiscal year 2025 loss is primarily non-cash and we do not believe this amount is reflective of our ongoing operations.
Tax Effect of Non-GAAP Adjustments – includes adjustments to arrive at an estimate of our non-GAAP income tax rate associated with our non-GAAP income over a period of time. We determine our non-GAAP income tax rate using applicable rates in taxing jurisdictions and assessing certain factors including our historical and forecast earnings by jurisdiction, discrete items, cash taxes paid in relation to our non-GAAP net income before income taxes and our ability to realize tax assets. We generally assess this non-GAAP income tax rate quarterly and have utilized 3% for our first two fiscal quarters of fiscal year 2026 and for our fiscal year 2025. Our historical effective income tax rate under GAAP has varied significantly from our non-GAAP income tax rate due primarily to income taxed in foreign jurisdictions at generally lower tax rates, research and development tax credits and acquisition expenses. We believe it is beneficial for management to review our non-GAAP income tax rate on a consistent basis over periods of time. Items such as those noted above may have a significant impact on our GAAP income tax expense and associated effective tax rate over time.
Adjusted EBITDA – is a calculation that adds depreciation expense to our adjusted income from operations. Management reviews and utilizes this measure for operational analysis purposes. We believe competitors and others in the financial industry also utilize this measure for analysis purposes.
Incremental Shares – is the number of potential shares of common stock issuable upon the exercise of stock options, restricted stock, restricted stock units and conversion of convertible debt which were not included in the calculation of our GAAP diluted shares. We believe competitors and others in the financial industry utilize this non-GAAP measure for analysis purposes.
Company Contact:
MACOM Technology Solutions Holdings, Inc.
Stephen Ferranti
Senior Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]
MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited and in thousands, except per share data)
Three Months Ended Six Months Ended April 3, 2026
January 3, 2026
April 4, 2025
April 3, 2026
April 4, 2025
Revenue$288,955 $271,612 $235,887 $560,567 $454,009 Cost of revenue 124,522 119,833 105,731 244,355 206,744 Gross profit 164,433 151,779 130,156 316,212 247,265 Operating expenses: Research and development 68,983 66,459 57,837 135,442 118,206 Selling, general and administrative 44,619 42,023 37,449 86,642 76,662 Total operating expenses 113,602 108,482 95,286 222,084 194,868 Income from operations 50,831 43,297 34,870 94,128 52,397 Other income (expense): Interest income 7,759 7,990 7,239 15,749 14,239 Interest expense (1,667) (1,698) (1,179) (3,365) (2,545)Loss on extinguishment of debt — — — — (193,098)Total other income (expense) 6,092 6,292 6,060 12,384 (181,404)Income (loss) before income taxes 56,923 49,589 40,930 106,512 (129,007)Income tax expense 10,592 822 9,264 11,414 6,857 Net income (loss)$46,331 $48,767 $31,666 $95,098 $(135,864) Net income (loss) per share: Income (loss) per share - Basic$0.62 $0.65 $0.43 $1.27 $(1.85)Income (loss) per share - Diluted$0.60 $0.64 $0.42 $1.23 $(1.85)Weighted average common shares: Shares - Basic 75,283 74,822 74,358 75,053 73,540 Shares - Diluted 77,555 76,718 75,741 77,137 73,540 MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(unaudited andin thousands)
April 3, 2026
October 3, 2025
ASSETS Current assets: Cash and cash equivalents$98,521 $112,142 Short-term investments 566,337 673,833 Accounts receivable, net 159,599 148,646 Inventories 252,195 237,844 Prepaid and other current assets 49,398 32,623 Total current assets 1,126,050 1,205,088 Property and equipment, net 234,960 230,291 Goodwill and intangible assets, net 402,988 414,885 Deferred income taxes 201,956 207,999 Other long-term assets 48,623 45,097 Total assets$2,014,577 $2,103,360 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Short-term debt$— $160,946 Accounts payable 62,131 67,588 Accrued liabilities 87,572 96,585 Total current liabilities 149,703 325,119 Finance lease obligations, less current portion 30,157 30,504 Financing obligation 36,713 37,014 Long-term debt obligations 340,186 339,630 Other long-term liabilities 40,061 43,998 Total liabilities 596,820 776,265 Stockholders’ equity 1,417,757 1,327,095 Total liabilities and stockholders’ equity$2,014,577 $2,103,360 MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited and in thousands)
Six Months Ended April 3, 2026
April 4, 2025
CASH FLOWS FROM OPERATING ACTIVITIES: Net income (loss)$95,098 $(135,864)Depreciation and intangible asset amortization 31,017 30,800 Share-based compensation 44,776 44,287 Deferred income taxes 6,649 (2,747)Loss on extinguishment of debt — 193,098 Other adjustments, net (1,954) (2,351)Accounts receivable (10,954) (24,724)Inventories (14,390) (14,961)Accrued and other liabilities (9,058) 1,647 Change in other operating assets and liabilities (19,595) 16,161 Net cash provided by operating activities 121,589 105,346 CASH FLOWS FROM INVESTING ACTIVITIES: Acquisition of business, net — (12,684)Sales, purchases and maturities of investments 105,582 (132,976)Purchases of property and equipment (26,126) (13,498)Purchases of software licenses and licensed technology (7,420) (8,779)Other investing 1,480 804 Net cash provided by (used in) investing activities 73,516 (167,133)CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from convertible notes — 86,629 Repayment of convertible notes (161,151) — Payments for fee on convertible note exchange and debt issuance costs — (23,126)Payments on finance leases and other financing activities (1,286) (498)Proceeds from employee stock purchases 5,212 4,537 Common stock withheld for taxes on employee equity awards (51,475) (41,260)Net cash (used in) provided by financing activities (208,700) 26,282 Foreign currency effect on cash (26) (375)NET CHANGE IN CASH AND CASH EQUIVALENTS (13,621) (35,880)CASH AND CASH EQUIVALENTS — Beginning of period 112,142 146,806 CASH AND CASH EQUIVALENTS — End of period$98,521 $110,926 MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
RECONCILIATIONS OF GAAP TO NON-GAAP RESULTS
(unaudited and in thousands, except per share data)
Three Months Ended
Six Months Ended
April 3, 2026
January 3, 2026
April 4, 2025
April 3, 2026
April 4, 2025
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Gross profit - GAAP$164,433 56.9 $151,779 55.9 $130,156 55.2 $316,212 56.4 $247,265 54.5 Amortization expense 1,623 0.6 1,621 0.6 3,343 1.4 3,244 0.6 6,675 1.5 Share-based compensation expense 2,716 0.9 2,794 1.0 1,765 0.7 5,510 1.0 5,263 1.2 Acquisition and integration related costs 269 0.1 278 0.1 356 0.2 547 0.1 1,750 0.4 Adjusted gross profit (Non-GAAP)$169,041 58.5 $156,472 57.6 $135,620 57.5 $325,513 58.1 $260,953 57.5 Three Months EndedSix Months Ended April 3, 2026January 3, 2026April 4, 2025April 3, 2026April 4, 2025 Amount% RevenueAmount% RevenueAmount% RevenueAmount% RevenueAmount% RevenueOperating expenses - GAAP$113,602 39.3 $108,482 39.9 $95,286 40.4 $222,084 39.6 $194,868 42.9 Amortization expense (1,713)(0.6) (1,849)(0.7) (1,617)(0.7) (3,562)(0.6) (4,794)(1.1)Share-based compensation expense (21,905)(7.6) (23,835)(8.8) (17,331)(7.3) (45,740)(8.2) (43,220)(9.5)Acquisition and integration related costs (1,395)(0.5) (299)(0.1) (522)(0.2) (1,694)(0.3) (1,127)(0.2)Adjusted operating expenses (Non-GAAP)$88,589 30.7 $82,499 30.4 $75,816 32.1 $171,088 30.5 $145,727 32.1 Three Months Ended
Six Months Ended
April 3, 2026
January 3, 2026
April 4, 2025
April 3, 2026
April 4, 2025
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Income from operations - GAAP$50,831 17.6 $43,297 15.9 $34,870 14.8 $94,128 16.8 $52,397 11.5 Amortization expense 3,336 1.2 3,470 1.3 4,960 2.1 6,806 1.2 11,469 2.5 Share-based compensation expense 24,621 8.5 26,629 9.8 19,096 8.1 51,250 9.1 48,483 10.7 Acquisition and integration related costs 1,664 0.6 577 0.2 878 0.4 2,241 0.4 2,877 0.6 Adjusted income from operations (Non-GAAP)$80,452 27.8 $73,973 27.2 $59,804 25.4 $154,425 27.5 $115,226 25.4 Depreciation expense 9,013 3.1 8,656 3.2 6,803 2.9 17,669 3.2 13,543 3.0 Adjusted EBITDA (Non-GAAP)$89,465 31.0 $82,629 30.4 $66,607 28.2 $172,094 30.7 $128,769 28.4 Three Months Ended
Six Months Ended April 3, 2026
January 3, 2026April 4, 2025
April 3, 2026
April 4, 2025 Amount
% Revenue
Amount% RevenueAmount
% Revenue
Amount
% Revenue
Amount% RevenueNet income (loss) - GAAP$46,331 16.0 $48,767 18.0 $31,666 13.4 $95,098 17.0 $(135,864)(29.9)Amortization expense 3,336 1.2 3,470 1.3 4,960 2.1 6,806 1.2 11,469 2.5 Share-based compensation expense 24,621 8.5 26,629 9.8 19,096 8.1 51,250 9.1 48,483 10.7 Non-cash interest, net 380 0.1 381 0.1 380 0.2 761 0.1 687 0.2 Acquisition and integration related costs 1,664 0.6 577 0.2 878 0.4 2,241 0.4 2,877 0.6 Loss on debt extinguishment — — — — — — — — 193,098 42.5 Tax effect of non-GAAP adjustments 7,984 2.8 (1,597)(0.6) 7,276 3.1 6,387 1.1 3,029 0.7 Adjusted net income (Non-GAAP)$84,316 29.2 $78,227 28.8 $64,256 27.2 $162,543 29.0 $123,779 27.3 Three Months Ended
Six Months Ended April 3, 2026
January 3, 2026
April 4, 2025
April 3, 2026
April 4, 2025 Net income
Income per diluted share
Net income
Income per diluted share
Net income
Income per diluted share
Net income (loss)
Income (loss) per diluted share
Net incomeIncome per diluted shareNet income (loss) - GAAP diluted$46,331 $0.60 $48,767 $0.64 $31,666 $0.42 $95,098 $1.23 $(135,864)$(1.85) Adjusted net income (Non-GAAP)$84,316 $1.09 $78,227 $1.02 $64,256 $0.85 $162,543 $2.11 $123,779 $1.64 Three Months EndedSix Months Ended April 3, 2026January 3, 2026April 4, 2025April 3, 2026April 4, 2025 Shares
Shares
Shares
Shares
Shares
Diluted shares - GAAP77,555 76,718 75,741 77,137 73,540 Incremental shares— — — — 2,127 Adjusted diluted shares (Non-GAAP)77,555 76,718 75,741 77,137 75,667 Three Months EndedSix Months Ended April 3, 2026January 3, 2026April 4, 2025April 3, 2026April 4, 2025 Amount% RevenueAmount% RevenueAmount% RevenueAmount% RevenueAmount% RevenueInterest income - GAAP$7,759 2.7 $7,990 2.9 $7,239 3.1 $15,749 2.8 $14,239 3.1 Interest expense - GAAP (1,667)(0.6) (1,698)(0.6) (1,179)(0.5) (3,365)(0.6) (2,545)(0.6)Non-cash interest expense 380 0.1 381 0.1 380 0.2 761 0.1 687 0.2 Adjusted interest income (Non-GAAP)$6,472 2.2 $6,673 2.5 $6,440 2.7 $13,145 2.3 $12,381 2.7
M/A-Com (MTSI - Free Report) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +2.00%. A quarter ago, it was expected that this chipmaker would post earnings of $0.99 per share when it actually produced earnings of $1.02, delivering a surprise of +3.03%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
M/A-Com, which belongs to the Zacks Semiconductor - Analog and Mixed industry, posted revenues of $288.96 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.35%. This compares to year-ago revenues of $235.89 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
M/A-Com shares have added about 80.9% since the beginning of the year versus the S&P 500's gain of 7.6%.
What's Next for M/A-Com?While M/A-Com has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for M/A-Com was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.12 on $297.25 million in revenues for the coming quarter and $4.40 on $1.16 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Semiconductor - Analog and Mixed is currently in the top 8% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Semtech (SMTC - Free Report) , another stock in the same industry, has yet to report results for the quarter ended April 2026.
This chipmaker is expected to post quarterly earnings of $0.45 per share in its upcoming report, which represents a year-over-year change of +18.4%. The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level.
Semtech's revenues are expected to be $283.27 million, up 12.8% from the year-ago quarter.
Key Takeaways MTSI reported Q2 EPS of $1.07, up 28.2% Y/Y, while revenues rose 22.5% to $289M.MACOM Technology's operating margin expanded by 240 basis points to 27.8%. MTSI guided Q3 revenues of $331-$339M and EPS of $1.31-$1.37, pointing to continued growth momentum. MACOM Technology Solutions Holdings, Inc. (MTSI - Free Report) reported second-quarter fiscal 2026 earnings of $1.09 per share, which beat the Zacks Consensus Estimate of $1.07. The bottom line grew 28.2% year over year.
MACOM Technology’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 1.8%.
MTSI posted revenues of $289 million in the second quarter of fiscal 2026, surpassing the Zacks Consensus Estimate by 1.4%. The top line increased 22.5% year over year.
MTSI Operating DetailsFor the second quarter of fiscal 2026, MACOM’s adjusted gross margin was 58.5% compared with 57.5% in the prior-year quarter. Adjusted operating income came in at $80.5 million, up from $59.8 million reported in the year-ago period. As a percentage of revenues, the adjusted operating income came in at 27.8%, up 240 basis points from the year-ago quarter.
Non-GAAP operating expenses were $88.6 million, up 16.8% year over year. As a percentage of revenues, non-GAAP operating expenses came in at 30.7%, contracting 140 basis points from the prior-year period.
MTSI’s Balance Sheet and Cash FlowAs of April 3, 2026, cash equivalents and short-term investments totaled $664.9 million, down from $768.5 million in the prior quarter.
Long-term debt was $340.2 million compared with $339.9 million in the previous quarter.
For the second quarter of fiscal 2026, MTSI’s net cash flows from operating activities came in at $78.7 million. In the first half of fiscal 2026, MTSI’s operating cash flow totaled $121.6 million.
MTSI’s Guidance for Q3 FY26For the third quarter of fiscal 2026, MACOM Technology expects revenues between $331 million and $339 million. The Zacks Consensus Estimate for third-quarter fiscal 2026 revenues is pegged at $297.3 million, indicating year-over-year growth of 17.9%.
The company anticipates adjusted earnings per share between $1.31 and $1.37. The Zacks Consensus Estimate for earnings is pinned at $1.12 per share, indicating growth of 24.4% year over year.
Zacks Rank & Stocks to ConsiderCurrently, MTSI carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Computer and Technology sector are Arista Networks (ANET - Free Report) , Advanced Energy (AEIS - Free Report) and Amphenol (APH - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Arista Networks have gained 12.3% year to date. The Zacks Consensus Estimate for ANET’s 2026 earnings is pegged at $3.54 per share, up by a penny over the past 30 days, indicating an increase of 18.8% year over year.
Shares of Advanced Energy have surged 72.3% year to date. The Zacks Consensus Estimate for AEIS’ 2026 earnings is pegged at $8.37 per share, up by 5 cents over the past seven days, indicating a rise of 30.6% year over year.
Amphenol shares have jumped 2.5% year to date. The Zacks Consensus Estimate for APH’s 2026 earnings is pegged at $4.76 per share, up by 11% over the past seven days, indicating an increase of 42.5% year over year.
For the quarter ended March 2026, M/A-Com (MTSI - Free Report) reported revenue of $288.96 million, up 22.5% over the same period last year. EPS came in at $1.09, compared to $0.85 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $285.1 million, representing a surprise of +1.35%. The company delivered an EPS surprise of +2%, with the consensus EPS estimate being $1.07.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how M/A-Com performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue by Primary Markets- Telecom: $70.12 million versus the four-analyst average estimate of $69.84 million. The reported number represents a year-over-year change of +7.6%.Revenue by Primary Markets- Industrial & Defense: $120.65 million versus the four-analyst average estimate of $119.48 million. The reported number represents a year-over-year change of +22.4%.Revenue by Primary Markets- Data Center: $98.19 million versus $95.84 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +36% change.View all Key Company Metrics for M/A-Com here>>>
Shares of M/A-Com have returned +25.4% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
MarketBeat Instant News Alerts Trending News All MarketBeat Instant News Alerts Sort By
Time Frame
Alert Type
Keywords
Page 1 of 323
Get 30 Days of MarketBeat All Access for Free
Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools.
Start Your 30-Day Trial
Sign in to your free account to enjoy these benefits
In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer.
Have you looked into how M/A-Com (MTSI - Free Report) performed internationally during the quarter ending March 2026? Considering the widespread global presence of this chipmaker, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.
In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For investors, understanding a company's reliance on overseas markets has become increasingly crucial, as it offers insights into the company's sustainability of earnings, ability to tap into diverse economic cycles and overall growth potential.
Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.
Upon examining MTSI's recent quarterly performance, we noticed several interesting patterns in the revenue generated from its international segments, which are commonly analyzed and observed by Wall Street experts.
The company's total revenue for the quarter stood at $288.95 million, increasing 22.5% year over year. Now, let's delve into MTSI's international revenue breakdown to gain insights into the significance of its operations beyond home turf.
A Closer Look at MTSI's Revenue Streams AbroadDuring the quarter, Other Countries contributed $42.32 million in revenue, making up 14.7% of the total revenue. When compared to the consensus estimate of $42.86 million, this meant a surprise of -1.26%. Looking back, Other Countries contributed $32 million, or 11.8%, in the previous quarter, and $37.66 million, or 16%, in the same quarter of the previous year.
Asia Pacific (excluding China) accounted for 11.6% of the company's total revenue during the quarter, translating to $33.45 million. Revenues from this region represented a surprise of -1.26%, with Wall Street analysts collectively expecting $33.88 million. When compared to the preceding quarter and the same quarter in the previous year, Asia Pacific (excluding China) contributed $30.55 million (11.3%) and $26.4 million (11.2%) to the total revenue, respectively.
China generated $99.18 million in revenues for the company in the last quarter, constituting 34.3% of the total. This represented a surprise of +19.93% compared to the $82.7 million projected by Wall Street analysts. Comparatively, in the previous quarter, China accounted for $85.22 million (31.4%), and in the year-ago quarter, it contributed $63.85 million (27.1%) to the total revenue.
International Revenue PredictionsFor the current fiscal quarter, it is anticipated by Wall Street analysts that M/A-Com will post revenues of $335.2 million, which reflects an increase of 33% the same quarter in the previous year. The revenue contributions are expected to be 12.8% from Other Countries ($42.8 million), 10.4% from Asia Pacific (excluding China) ($34.86 million) and 25.4% from China ($85.28 million).
For the full year, the company is expected to generate $1.24 billion in total revenue, up 27.9% from the previous year. Revenues from Other Countries, Asia Pacific (excluding China) and China are expected to constitute 12.9% ($159.56 million), 11% ($135.85 million) and 27.7% ($343.01 million) of the total, respectively.
In ConclusionRelying on international markets for revenues, M/A-Com faces both prospects and perils. Thus, tracking the company's international revenue trends is essential for accurately projecting its future trajectory.
In an era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay keen attention to these developments to fine-tune their earnings estimations for businesses operating across borders. It's important to note, however, that a range of additional variables, like a company's local market status, also play a crucial role in shaping these forecasts.
At Zacks, a company's changing earnings outlook is given considerable attention due to its proven, strong influence on a stock's price performance in the near term. The connection here is straightforward and positive: when earnings estimates are revised upward, the stock price generally follows suit, increasing as well.
The Zacks Rank, our proprietary stock rating mechanism, demonstrates a notable performance history confirmed through external audits. It effectively utilizes the power of earnings estimate revisions to act as a predictor of a stock's price performance in the near term.
M/A-Com currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
A Review of M/A-Com's Recent Stock Market PerformanceOver the past month, the stock has gained 38.8% versus the Zacks S&P 500 composite's 8.8% increase. The Zacks Computer and Technology sector, of which M/A-Com is a part, has risen 18% over the same period. The company's shares have increased 49.9% over the past three months compared to the S&P 500's 7.1% increase. Over the same period, the sector has risen 16.6%
Key Takeaways HCSG, ELMD, UMBF, SHEL and MTSI cleared screens for efficiency and operating strength.The screen used turnover ratios, asset utilization and operating margin above industry averages.Healthcare Services Group posted a 43.5% average four-quarter earnings surprise in the screen. The efficiency ratio serves as a vital indicator of a company's overall financial health by measuring how effectively its internal operations are being managed. Specifically, it quantifies how optimally the business deploys its assets and handles its liabilities to maximize revenues and minimize unnecessary expenses.
However, at times, it becomes difficult to measure the efficiency level of a company. This is why one must consider the popular efficiency ratios listed below while selecting stocks.
Healthcare Services Group (HCSG - Free Report) , Electromed (ELMD - Free Report) , UMB Financial (UMBF - Free Report) , Shell (SHEL - Free Report) and MACOM Technology Solutions (MTSI - Free Report) have made it through the screen process:
Efficiency Ratios – to be ConsideredReceivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company’s potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio, or the “accounts receivable turnover ratio” or “debtor’s turnover ratio,” is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers.
Asset Utilization: This ratio indicates a company’s capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient.
Inventory Turnover: The ratio of the 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company’s ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value indicates that the company is facing declining sales, which has resulted in excess inventory.
Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company’s ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers.
Screening Criteria Using Research Wizard:In addition to the above-mentioned ratios, we have added a favorable Zacks Rank — Zacks Rank #1 (Strong Buy) — to the screen to make this strategy more profitable. You can see the complete list of today’s Zacks #1 Rank stocks here.
Inventory Turnover, Receivables Turnover, Asset Utilization, and Operating Margin greater than the industry average
(Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.)
The use of these few criteria narrowed down the universe of over 7,906 stocks to 14.
Here are the top five stocks that made it through the screen:
Healthcare Services Group
Indivior Pharmaceuticals Group provides housekeeping, laundry, linen, facility maintenance and food services to the healthcare industry, including nursing homes, retirement complexes, rehabilitation centers and hospitals. HCSG has an average four-quarter earnings surprise of 43.50%.
Electromed
Electromed manufactures, markets and sells products that provide airway clearance therapy to patients with compromised pulmonary function. ELMD has an average four-quarter earnings surprise of 20.1%.
UMB Financial
UMB Financial provides banking services and asset servicing in the United States. UMBF has an average four-quarter earnings surprise of 17.4%.
Shell
Shell is an energy and petrochemical company, operating in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas. SHEL has an average four-quarter earnings surprise of 14.5%.
MACOM Technology Solutions
MACOM Technology Solutionsis a provider of power analog semiconductor solutions to varied markets. MTSI has an average four-quarter earnings surprise of 1.8%.
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at M/A-Com (MTSI - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. M/A-Com currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market? In order to see if MTSI is a promising momentum pick, let's examine some Momentum Style elements to see if this chipmaker holds up.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.
For MTSI, shares are up 26.64% over the past week while the Zacks Semiconductor - Analog and Mixed industry is up 5.1% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 46.72% compares favorably with the industry's 37.55% performance as well.
Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of M/A-Com have increased 58.13% over the past quarter, and have gained 213.03% in the last year. In comparison, the S&P 500 has only moved 10.02% and 28.69%, respectively.
Investors should also take note of MTSI's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now MTSI is averaging 1,329,855 shares for the last 20 days..
Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with MTSI.
Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost MTSI's consensus estimate, increasing from $4.40 to $4.58 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom LineTaking into account all of these elements, it should come as no surprise that MTSI is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep M/A-Com on your short list.
Semiconductor firm MACOM Technology Solutions Holdings, Inc. (MTSI) up 717% since first institutional outlier inflow signal in 2016.
MTSI designs, manufactures, and sells semiconductors and modules for telecommunications, industrial, defense, and AI data center applications. MTSI’s second-quarter 2026 report showed $289 million in revenue (a 22% year-over-year rise), adjusted per-share earnings of $1.09, and offered Q3 revenue and EPS guidance of up to $339 million and $1.37, respectively.
No wonder MTSI shares are up 110% this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
Institutional volumes reveal plenty. In the last year, MTSI has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in MTSI shares. They reflect our proprietary inflow signal, pushing the stock higher:
Source: www.moneyflows.com Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with MACOM Technology.
Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, MTSI has had strong sales growth:
Also, EPS is estimated to ramp higher this year by +36.2%.
Now it makes sense why the stock has been generating Big Money interest. MTSI has a track record of strong financial performance.
Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.
MACOM Technology has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s had 19 Big Money outlier inflow signals since 2016, rising 717.7% in that time. It’s also had six outlier inflows in the last year. The blue bars below shows when MTSI was a top pick…Big Money keeps buying:
Source: www.moneyflows.com Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
The MTSI action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in MTSI at the time of publication.
If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level and follow our free weekly MoneyFlows insights.
Related Articles
Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Could Drift into the WeekendGME, MSTR and AMC Forecasts – Meme and Crypto Stocks Offering Opportunities?S&P500: SpaceX IPO and Iran Deal Set Stage for Market VolatilityAbout the Author
Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.
Key Takeaways U.S. stocks hit record highs as a tech rally and renewed AI trade enthusiasm powered May.Cimpress rose 122.7% in a year, dipped 3.7% in a week, and carries a Momentum Score of B.Lumentum surged 1082.8% in a year, slid 9.7% in a week, and holds a Momentum Score of B. As the U.S.-Iran ceasefire got a fresh lease of life with a 60-day memorandum of understanding, the broader U.S. equity markets scripted record highs driven by a tech rally. Leading benchmark indices hit all-time highs amid renewed enthusiasm in the artificial Intelligence (AI) trade. Despite the latent threat of inflation, tech stocks spurred an unprecedented market rally in May. Oil prices were quick to retreat as both the warring parties sought an amicable solution to the free passage in the Strait of Hormuz.
However, investors await the nonfarm payrolls report for further cues into the health of the labor market and the Federal Reserve policy to gauge an idea of the future stock market direction. Amid the vagaries of the market, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks, like Cimpress plc (CMPR - Free Report) , MACOM Technology Solutions Holdings, Inc. (MTSI - Free Report) and Lumentum Holdings Inc. (LITE - Free Report) when value or growth investing fails to generate the desired profits.
This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. Momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.
Momentum strategies have been known to be alpha-generative over a long period and across market stages. Therefore, this strategy is quite tricky to implement, as detecting these trends is not easy. Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from long-term price momentum and a short-term pullback in price.
Screening Parameters for Momentum Anomaly StocksPercentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get the best stocks that have appreciated steadily over the past year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period. This parameter picks the ones that have witnessed a short-term pullback in price.
Zacks Rank #1: Stocks sporting a Zacks Rank #1 (Strong Buy) have a proven history of outperformance irrespective of the market conditions. You can see the complete list of today’s Zacks #1 Rank stocks here.
Momentum Style Score of B or Better: A top Momentum Style Score knocks out a lot of the screening process, as it takes into account several factors that include volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), handily outperform other stocks.
Current Price Greater Than $5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure the stability of price.
Average 20-Day Volume Greater Than 100,000: A substantial trading volume ensures that these stocks are easily tradable.
Here are three of the eight stocks that made it through this screen:
Based in Dundalk, Ireland, Cimpress is an online supplier of high-quality graphic design services and customized printed products to small businesses and consumers. Its product offerings include business cards, brochures and websites, and e-commerce platforms, calendars, address labels, note pads and signage, among others.
The stock has soared 122.7% over the past year but lost 3.7% over the past week. Cimpress has a Momentum Score of B.
Based in Lowell, MA, MACOM is a provider of power analog semiconductor solutions to varied markets. The company develops and produces analog radio frequency, microwave and millimeter wave semiconductor devices, and components for applications in optical, wireless and satellite networks.
The stock has surged 199.8% over the past year but lost 5.5% over the past week. MACOM has a Momentum Score of A.
Headquartered in San Jose, CA, Lumentum is a provider of optical and photonic products serving cloud, AI/machine learning, telecommunications, consumer and industrial end markets. The company’s portfolio spans semiconductor laser chips and sub-assemblies, wavelength management systems, optical modules, optical circuit switches and industrial lasers used in precision materials processing.
The stock has surged 1082.8% in the past year but declined 9.7% in the past week. Lumentum has a Momentum Score of B.
Zacks' 7 Best Strong Buy Stocks (New Research Report) Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.
Click Here, It's Really Free
Published in artificial-intelligence business-services iot semiconductor tech-stocks
LOWELL, Mass., June 04, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, today announced a new suite of high-performance RF solutions designed to meet the demanding requirements of aerospace and defense (A&D). Many of these solutions will be demonstrated in MACOM’s Booth 17035 at the upcoming International Microwave Symposium (IMS 2026) on June 9 to 11, 2026, in Boston, MA.
S-Band (2 – 4 GHz):
1.5 kW Power Amplifier
MACOM will highlight a high-power pulsed amplifier designed to deliver up to 15 dB of gain with 55% efficiency. This solution is ideal for radar and high-power microwave systems requiring reliable performance across S-Band frequencies.
High Power Limiter Using Advanced Multi I-Region HMIC Technology
Built using MACOM’s Multi I-Region HMIC technology, this compact solution provides high peak power handling capabilities, low loss and fast recovery, helping preserve signal integrity while safeguarding sensitive receive paths.
C-Band (4 – 8 GHz):
50 W Front End Module (FEM)
MACOM will showcase a versatile FEM integrating GaN-based transmit functionality with a low noise receive path and built-in limiter protection. The 50 W transmit path delivers 45% power added efficiency (PAE) with high power gain. Designed for radar frequency bands within the C-Band spectrum, the FEM can enable efficient transmit performance alongside low noise reception, supporting compact and high-performance system designs.
X-Band (8 – 12 GHz):
16 W GaN Front End Module (FEM)
An X-Band FEM will be featured, combining GaN-based transmit capabilities with low noise GaAs receive functionality and integrated receiver protection. The module can support efficient transmit performance alongside low noise, high linearity receive operation, enabling balanced system performance in compact radar architectures. This device is packaged in a 6 mm QFN.
125 W GaN MMIC Power Amplifier
MACOM will demonstrate a 125 W multi-stage GaN MMIC power amplifier designed to support 40% PAE and large signal gain, for use in X-Band pulse radar applications. Delivering high output power and efficiency with 27 dB gain all in a compact footprint, this solution supports demanding system requirements while enabling simplified integration.
1.5 kW Power Amplifier Solution
MACOM will showcase a compact, high-power pulsed power amplifier solution designed for X-Band radar applications. The solution integrates multiple GaN-based amplification stages with advanced power management, delivering strong output power, high gain and efficient operation in a space-efficient form factor. It is well-suited for high-power microwave and radar systems requiring reliable performance under pulsed conditions.
Wideband (100 MHz – 18 GHz):
10 W (2 – 20 GHz) Power Amplifier
This wideband GaN power amplifier, supporting 2 – 20 GHz, provides flat gain response with high efficiency across the whole band. It is ideal for applications such as radar, communications, electronic countermeasures and test instrumentation, where wideband capability and dependable performance are critical.
About MACOM
MACOM designs and manufactures semiconductor products for telecommunications, industrial and defense and data center applications. Headquartered in Lowell, Massachusetts, MACOM has design centers and sales offices throughout North America, Europe and Asia. MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. To learn more, visit https://www.macom.com/.
Company Contact:
MACOM Technology Solutions Inc.
Stephen Ferranti
Sr. Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]
LOWELL, Mass., June 05, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, today announced new additions to its RF and optical portfolio, designed to meet the evolving needs of the satellite communications (SATCOM) industry. These solutions will be demonstrated in MACOM’s Booth #17035 at the upcoming International Microwave Symposium (IMS 2026) on June 9 to 11, 2026, in Boston, MA.
High Power L- and S-Band Direct-to-Device (D2D) Transmit/Receive Solution
MACOM will demonstrate a transmit and receive solution tailored for direct-to-device (D2D) SATCOM payloads. The transmit lineup includes a driver amplifier and a power amplifier, designed to deliver up to 1 W average output power, 45 dB gain and over 40% efficiency. On the receive side, low noise amplification and integrated bypass capability help maximize sensitivity while maintaining power efficiency. These solutions leverage MACOM’s GaAs and GaN technologies to enable wide bandwidth operation and optimized signal chain performance.
K-/Ka-Band Uplink/Downlink Chain
This demonstration features a novel thermal compensation attenuator with K- and Ka-Band amplifiers supporting a K- and Ka-Band signal chain. Designed to minimize gain variation over temperature, this solution can improve performance consistency in dynamic environments while simplifying overall system design.
W-Band Product Demonstration
This demonstration showcases a 24 dBm power amplifier operating from 80 to 100 GHz and a low noise amplifier operating across 75 to 100 GHz delivering 2.8 dB noise figure with 23 dB gain.
Linearized Q-Band Power Amplifier
MACOM will demonstrate a linearized Q-Band GaN MMIC power amplifier that can significantly improve linear output power and efficiency using advanced analog linearization techniques. This approach supports higher data rates while helping reduce overall power dissipation, addressing the demands of next generation SATCOM.
Free Space Optical (FSO) and RFoF
MACOM will also showcase a range of components supporting both FSO and fiber-based links. Highlights include optical SATCOM transport architectures for ground-to-ground, ground-to-satellite and satellite-to-satellite communications, presented through hardware, components and system diagrams.
About MACOM
MACOM designs and manufactures semiconductor products for telecommunications, industrial and defense and data center applications. Headquartered in Lowell, Massachusetts, MACOM has design centers and sales offices throughout North America, Europe and Asia. MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. To learn more, visit https://www.macom.com/.
Company Contact:
MACOM Technology Solutions Inc.
Stephen Ferranti
Sr. Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]
LOWELL, Mass., June 08, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, today announced a chip scale hot via process built on its AlGaAs diode technology. As an alternative to traditional chip and wire bonding and copper pillar-based surface mount technologies, MACOM’s hot via process simplifies surface mount assembly while delivering low insertion loss and high isolation.
Hot via technology enables direct surface mount attachment by routing RF signal and ground paths vertically through the die. By removing bond wires, customers can reduce assembly complexity, improve manufacturing consistency and minimize parasitics, thereby achieving high signal integrity and reliable performance into millimeter wave (mmWave) frequencies.
“MACOM continues to build on its deep expertise in microwave technologies to address our customers’ evolving performance and integration challenges. Our new hot via-based AlGaAs process can reduce assembly complexity while improving the high frequency performance of our integrated components,” said Stephen G. Daly, President and Chief Executive Officer, MACOM.
Ideal for applications including switches, limiters and other control functions, the new process will be deployed on MACOM’s proven AlGaAs diode technology.
MACOM’s first product using the AlGaAs hot via process technology is the MASW-011261, a broadband SP2T switch operating from 60 to 110 GHz. It delivers typical insertion loss of 0.9 dB, 30 dB isolation, and sub-20 ns switching speeds, all in a compact 1.87 mm x 1.98 mm chip scale package.
The MASW-011261 and MACOM’s hot via process will be on display at MACOM’s Booth #17035 at the International Microwave Symposium (IMS 2026) on June 9 to 11, 2026 in Boston, MA.
About MACOM
MACOM designs and manufactures semiconductor products for telecommunications, industrial and defense and data center applications. Headquartered in Lowell, Massachusetts, MACOM has design centers and sales offices throughout North America, Europe and Asia. MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. To learn more, visit https://www.macom.com/.
Company Contact:
MACOM Technology Solutions Inc.
Stephen Ferranti
Sr. Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]
LOWELL, Mass., June 09, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, and Elve, Inc., an innovative traveling wave tube amplifier (TWTA) designer and manufacturer, will jointly demonstrate how their technologies can be combined to enhance performance and efficiency in microwave transmitter systems in MACOM’s Booth #17035 at the International Microwave Symposium (IMS 2026) on June 9 to 11, 2026, in Boston, MA.
The joint demonstration will combine MACOM’s analog predistortion (APD) linearization technology with Elve’s TWTA platform, highlighting a complementary approach to improving linear power performance and efficiency in high-frequency systems operating at V-Band. The demonstration is designed to showcase how these technologies can work together to address evolving system requirements across a range of applications, including ground and space-based platforms.
“By pairing MACOM’s linearization capabilities with Elve’s high-power amplification, we’re demonstrating a practical approach to improving system efficiency and linear performance in mmWave applications,” said Stephen G. Daly, President and Chief Executive Officer, MACOM.
“Elve is excited to collaborate with MACOM on this IMS demonstration. Bringing together our respective technologies allows us to enhance TWTA performance,” said Dr. Diana Gamzina, Founder and Chief Executive Officer, Elve.
The collaboration is centered on exploring how advanced linearization and high power amplification techniques can be effectively integrated, offering a closer look at system-level benefits such as improved usable output power and more efficient operation.
About Elve
Elve is a Davis, California-based deep tech innovator specializing in the manufacturing of millimeter-wave (mmWave) power amplifiers at scale. Founded in 2020, the company’s team of over 50 experts focuses on unlocking access to mmWave power in critical systems that connect, energize, defend, and inform global infrastructure.
About MACOM
MACOM designs and manufactures semiconductor products for telecommunications, industrial and defense and data center applications. Headquartered in Lowell, Massachusetts, MACOM has design centers and sales offices throughout North America, Europe and Asia. MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. To learn more, visit https://www.macom.com/.
Company Contact:
MACOM Technology Solutions Inc.
Stephen Ferranti
Sr. Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]
Optical and photonics products are in tremendous demand for serving global cloud and artificial intelligence (AI)/machine learning (ML) infrastructure. Large AI models require millions of graphical processing units (GPUs) working in tandem.
As a result, the ecosystem witnesses massive growth in data throughput (as high as 400 Gbps and 800 Gbps). The traditional copper wiring is unable to carry these extremely high-speed data packets properly, as it generates excessive heat slowing down the entire AI compute clusters.
The photonics technology solves this problem transmitting data at the speed of light through fiber optic network. Photonics enables high-speed, low-latency, and energy-efficient data transfer without overheating.
Here, we recommend investors keep a close watch on five photonics developers that have skyrocketed year to date. Industry-leading products of these companies and the unstoppable growth of AI-powered data centers make these stocks attractive investment opportunities for the long term.
These are: Corning Inc. (GLW - Free Report) , Lumentum Holdings Inc. (LITE - Free Report) , Coherent Corp. (COHR - Free Report) , MACOM Technology Solutions Holdings Inc. (MTSI - Free Report) and Marvell Technology Inc. (MRVL - Free Report) .
The chart below shows the price performance of our five picks year to date.
Image Source: Zacks Investment Research
Corning Inc.Corning continues to strengthen its competitive position through innovation across optical connectivity, advanced glass and semiconductor applications. GLW recently launched Gorilla Glass Ceramic 3 and continues to see opportunities for advanced optics products tied to AI-driven data center build-outs and semiconductor manufacturing demand.
Corning is also expanding its GenAI optical portfolio with multicore fiber and high-density connectivity solutions that improve network capacity and reduce installation complexity. GLW develops a wide range of photonics products, including optical fibers, high-performance cables, and specialty optical materials that serve as the backbone for AI data centers.
GLW also announced a long-term partnership with NVIDIA Corp. (NVDA) to expand U.S.-based optical connectivity manufacturing capacity by 10 times and increase domestic fiber production capacity by more than 50%. GLW upgraded and extended its Springboard plan through 2030 and expects its new Photonics Market-Access Platform to build a $10 billion revenue stream by 2030. GLW currently carries a Zacks Rank #3 (Hold).
Corning has an expected revenue and earnings growth rate of 13.9% and 26.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 1.9% in the last 60 days.
Lumentum Holdings Inc.Lumentum designs and manufactures optical and photonic technologies for high-speed telecommunications, data centers, and advanced manufacturing. LITE provides innovative optical and photonic products that power global communications, cloud computing, and advanced AI infrastructure.
LITE’s technology leadership in high-speed optical components has positioned it as an essential supplier to hyperscale customers deploying next-generation network architectures. LITE has a strong collaboration with NVIDIA for developing NVDA’s silicon photonics ecosystem, especially for deploying the latter’s Spectrum-X Photonics networking switches.
LITE currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Lumentum has an expected revenue and earnings growth rate of 84.8% and more than 100%, respectively, for the next year (ending June 2027). The Zacks Consensus Estimate for next year’s earnings has improved 0.2% in the last 30 days.
Coherent Corp.Coherent sits at the center of the AI optics buildout, with strong demand visibility supported by long-term agreements. Mix should improve as higher-value pluggables ramp and as the shift to larger indium phosphide wafers lowers unit costs, positioning margins to expand.
COHR is positioned at the heart of the AI datacenter build-out, which has driven sustained strength in Datacenter and Communications. COHR provides highly scalable datacom transceivers, Co-Packaged Optics solutions, and high-speed VCSELs engineered to boost data center bandwidth.
COHR and NVIDIA entered into a strategic partnership focusing on next-generation optical technology and silicon photonics for AI data centers. NVDA will invest $2 billion in COHR for a multiyear agreement up to 2030. COHR currently carries a Zacks Rank #3.
Coherent has an expected revenue and earnings growth rate of 34.4% and 47.6%, respectively, for the next year (ending June 2027). The Zacks Consensus Estimate for next year’s earnings has improved 0.2% in the last 30 days.
MACOM Technology Solutions Holdings Inc.MACOM Technology is seeing demand across AI Data Center, Industrial and Defense, and Telecom, supported by higher optical bandwidth needs, defense electronics content, and ongoing 5G and satellite programs. MTSI currently sports a Zacks Rank #1.
AI-powered data center has been MTSI’s fastest-growing business segment over the past few quarters. MTSI designs and manufactures photonic semiconductor products including high-speed lasers, photodetectors, and RF-over-fiber systems built for AI data centers, 5G wireless networks, and aerospace/defense applications.
MACOM has an expected revenue and earnings growth rate of 29.5% and 42.1%, respectively, for the current year (ending September 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 2.7% in the last 30 days.
Marvell Technology Inc.Marvell is benefiting from AI-led demand across the data center end market, with custom silicon, interconnect, switching and optics driving record revenues. MRVL’s custom silicon strategy continues to benefit from hyperscaler demand for differentiated XPU and XPU-attach solutions. The company has highlighted more than 20 multi-generational socket wins and a broad design pipeline, which supports a longer runway than a single product cycle.
The expanded partnership with NVIDIA extends beyond a customer relationship and ties MRVL’s roadmap more directly to next-generation AI system architecture. The collaboration spans optics, NVLink Fusion integration and AI-RAN, widening the set of platforms where Marvell silicon can be pulled through. MRVL currently carries aZacks Rank #3.
During the first quarter of fiscal 2027, Marvell issued $2 billion of Series A Convertible Preferred Stock to NVIDIA, signaling strategic alignment and supporting investment in scale-up connectivity and custom platforms. Over time, this relationship can improve program access, shorten adoption cycles and broaden MRVL’s addressable opportunities across AI infrastructure builds.
Marvell has an expected revenue and earnings growth rate of 38.2% and 41.2%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 5.5% in the last 30 days.
Capital Management Associates Inc lifted its stake in shares of Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 93.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,058 shares of the restaurant operator’s stock after buying an additional 3,413 shares during the quarter. Capital Management Associates Inc’s holdings in Darden Restaurants were worth $1,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC bought a new stake in Darden Restaurants during the 2nd quarter valued at approximately $26,000. Quent Capital LLC bought a new position in shares of Darden Restaurants in the 3rd quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Darden Restaurants by 926.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 154 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 139 shares during the period. Ameriflex Group Inc. bought a new stake in shares of Darden Restaurants during the third quarter valued at approximately $35,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of Darden Restaurants during the third quarter valued at approximately $39,000. 93.64% of the stock is owned by institutional investors.
Insider Transactions at Darden Restaurants In related news, SVP Susan M. Connelly sold 2,635 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $207.36, for a total value of $546,393.60. Following the transaction, the senior vice president owned 4,098 shares of the company’s stock, valued at approximately $849,761.28. This trade represents a 39.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Rajesh Vennam sold 6,774 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $214.12, for a total transaction of $1,450,448.88. Following the sale, the chief financial officer owned 9,040 shares of the company’s stock, valued at $1,935,644.80. This trade represents a 42.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 18,770 shares of company stock valued at $3,948,970. Company insiders own 0.49% of the company’s stock.
Darden Restaurants Trading Up 0.0% Shares of DRI stock opened at $196.35 on Monday. The company has a current ratio of 0.39, a quick ratio of 0.26 and a debt-to-equity ratio of 1.02. Darden Restaurants, Inc. has a 12-month low of $169.00 and a 12-month high of $228.27. The stock has a market capitalization of $22.49 billion, a P/E ratio of 20.78, a P/E/G ratio of 1.86 and a beta of 0.64. The firm’s 50 day moving average is $205.51 and its 200 day moving average is $193.44.
Darden Restaurants (NYSE:DRI – Get Free Report) last released its quarterly earnings results on Thursday, March 19th. The restaurant operator reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.94 by $0.01. The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The company’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.80 EPS. Research analysts expect that Darden Restaurants, Inc. will post 9.52 earnings per share for the current year.
Darden Restaurants Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, April 10th. Darden Restaurants’s dividend payout ratio (DPR) is presently 63.49%.
Analysts Set New Price Targets A number of equities analysts have issued reports on DRI shares. Weiss Ratings upgraded Darden Restaurants from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 12th. BMO Capital Markets upped their target price on shares of Darden Restaurants from $205.00 to $220.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 6th. Bank of America increased their price target on shares of Darden Restaurants from $261.00 to $262.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Citigroup lifted their price target on shares of Darden Restaurants from $235.00 to $238.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Finally, Evercore restated an “outperform” rating on shares of Darden Restaurants in a report on Friday, December 19th. Eighteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $226.24.
View Our Latest Report on Darden Restaurants
Darden Restaurants Profile (Free Report)
Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.
Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.
Read More Five stocks we like better than Darden Restaurants
Receive News & Ratings for Darden Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Darden Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINE6,966 Shares in JPMorgan International Value ETF $JIVE Acquired by Capital Advisors Wealth Management LLC
NEXT HEADLINE »Capital Advisors Wealth Management LLC Grows Stake in JPMorgan Municipal ETF $JMUB
Key Takeaways Darden Restaurants saw beef inflation lift costs, raising food and beverage expenses by 50 basis points.DRI kept pricing below inflation to protect traffic, with plans to align pricing closer in Q4.Darden Restaurants relies on strong sales, efficiency gains and brand loyalty to offset margin pressure. Darden Restaurants, Inc. (DRI - Free Report) is facing margin pressure from elevated beef costs, which drove food and beverage expenses up 50 basis points in the fiscal third quarter. Commodity inflation came in at roughly 5%, with beef remaining the primary cost headwind.
Despite this, the company delivered solid performance, with same-restaurant sales rising 4.2% and continuing to outperform the broader industry. Strong execution and customer loyalty across key brands helped sustain traffic even in a cost-heavy environment.
Notably, Darden has chosen not to fully pass on inflation to customers. Pricing trailed inflation by about 40 basis points during the quarter, reflecting a deliberate strategy to preserve value perception and protect guest traffic. While this has weighed on margins in the short term, it strengthens the company’s long-term pricing flexibility.
Management now expects pricing to move closer to inflation levels in the fiscal fourth quarter, which should support margin recovery. At the same time, operational efficiencies, including improved labor productivity and disciplined cost control, are helping offset some of the inflationary pressure.
Looking ahead, beef cost volatility may persist due to supply-side constraints. However, Darden’s balanced approach, combining measured pricing, strong execution and brand strength, positions it well. The key for investors will be how effectively the company converts its pricing power into margin expansion without weakening traffic trends.
Peers in Focus: Pricing Power vs. Cost PressureTwo key competitors facing similar cost pressures are Brinker International (EAT - Free Report) and Texas Roadhouse (TXRH - Free Report) . Brinker, Chili’s parent, has leaned more aggressively on pricing and menu simplification to protect margins. While this approach has supported profitability, it risks limiting traffic recovery in a value-sensitive environment. Brinker’s strategy contrasts with Darden’s more measured pricing stance, highlighting a trade-off between short-term margins and long-term guest loyalty.
Texas Roadhouse, on the other hand, is more directly exposed to beef inflation given its steak-heavy menu. However, it has managed to attract strong traffic through value-driven positioning and efficient operations. The company’s ability to maintain guest counts despite rising costs underscores strong brand equity. Compared with Darden, Texas Roadhouse appears more willing to absorb cost volatility to sustain traffic, while the former balances both pricing power and operational discipline to protect margins.
DRI Price Performance, Valuation & EstimatesShares of Darden have gained 1.9% over the past year against the industry’s 1.8% decline.
DRI’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, DRI trades at a forward price-to-earnings (P/E) multiple of 17.36, down from the industry’s average of 23.49.
DRI’s P/E Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for DRI’s fiscal 2026 earnings per share has increased in the past 30 days.
Image Source: Zacks Investment Research
The company is likely to report strong earnings, with projections indicating an 11.1% rise in fiscal 2026.
DRI currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways DRI trades below industry P/E despite steady performance and defensive appeal versus peers.Darden's 4.2% comps growth is driven by strong traffic, guest gains and value-focused innovation.Higher beef costs, pricing lag and brand rationalization weigh on margins and near-term outlook. Darden Restaurants, Inc. (DRI - Free Report) is trading at a valuation that may catch investors’ attention. The stock currently carries a forward 12-month price-to-earnings (P/E) ratio of 17.06, notably below the restaurant industry average of 23.77. This discount suggests that the market is taking a measured view of the company, despite its strong brand portfolio and scale.
P/E (F12M)
Image Source: Zacks Investment Research
Looking at performance, Darden’s shares have shown relative resilience. Over the past six months, the stock has gained 2.9%, slightly trailing the broader restaurant industry’s 3.1% increase. It has also lagged the S&P 500’s 3.7% rally, indicating that investors have been favoring higher-growth opportunities.
Within the peer group, performance has been mixed. Domino's Pizza, Inc. (DPZ - Free Report) and Chipotle Mexican Grill (CMG - Free Report) have seen their shares decline 13.7% and 19%, respectively, while Restaurant Brands International (QSR - Free Report) has posted a gain of 11.2%. Against this backdrop, Darden’s steadier performance highlights its defensive appeal, even as the stock remains modestly undervalued.
Price Performance
Image Source: Zacks Investment Research
Factors Supporting Darden StockDarden’s recent performance highlights strong underlying momentum, driven primarily by consistent same-restaurant sales growth and clear outperformance compared with the broader industry. The company delivered 4.2% comps, significantly ahead of industry benchmarks, with all major segments contributing positively. This strength reflects solid execution across brands, supported by improved guest satisfaction and steady traffic trends. Importantly, both increased customer frequency and new guest additions are contributing to growth, indicating that demand is broad-based rather than dependent on a single lever.
Another key tailwind is Darden’s focus on value-driven innovation and operational discipline. Initiatives like Olive Garden’s lighter portion menu and promotional offerings are resonating well with customers, driving higher visit frequency and improved value perception. At the same time, brands like LongHorn Steakhouse continue to benefit from strong positioning around quality and affordability, especially as consumers seek better value compared with grocery alternatives. These efforts, combined with effective marketing and menu optimization, are helping the company maintain traffic even in a competitive environment.
Additionally, Darden’s operational efficiency and cost management provide a strong foundation for earnings growth. Labor productivity is improving due to lower employee turnover and better retention, which reduces hiring and training costs while enhancing service quality. The company is also benefiting from scale advantages, supply-chain capabilities and disciplined capital allocation, including steady shareholder returns through dividends and buybacks. With pricing flexibility still available after years of underpricing inflation, Darden is well positioned to protect margins while continuing to invest in growth.
Factors Weighing on Darden StockOn the flip side, margin pressures remain a concern. Elevated commodity costs, particularly beef inflation, have increased food and beverage expenses, while pricing has lagged inflation for much of the year. This mismatch has weighed on restaurant-level margins, even as the company continues to invest in value offerings and marketing. Although pricing is expected to catch up, near-term profitability remains exposed to cost volatility.
Additionally, external factors and operational disruptions pose risks. Weather-related impacts temporarily affected sales and broader macro uncertainty has led management to maintain a cautious outlook. The company is also rationalizing underperforming brands, including closing and converting Bahama Breeze locations, which highlights portfolio challenges. While these actions may strengthen the business long term, they reflect near-term headwinds that could limit upside despite strong operating fundamentals.
DRI’s Growth Projection EncouragesOver the past 30 days, the Zacks Consensus Estimate for earnings per share for fiscal 2026 and 2027 has increased 3 cents to $10.61 and decreased 3 cents to $11.38, respectively. The Zacks Consensus Estimate for DRI’s fiscal 2026 and 2027 earnings per share indicates year-over-year increases of 11.1% and 7.3%, respectively.
Image Source: Zacks Investment Research
The consensus estimate for revenues is pegged at $13.21 billion and $13.69 billion for fiscal 2026 and 2027, respectively, implying year-over-year improvements of 9.4% and 3.7%.
Wrapping upDarden remains a stable and well-executed business, supported by steady demand, strong brand positioning and effective cost management, making it suitable for investors to hold. The company continues to benefit from consistent traffic, value-driven offerings and operational efficiency.
However, despite its discounted valuation, near-term margin pressures from higher input costs and some macro uncertainty limit upside potential. As a result, existing investors can stay invested for steady growth and returns, while new investors may wait for a more attractive entry point.
DRI currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Burney Co. trimmed its position in shares of Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 91.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,457 shares of the restaurant operator’s stock after selling 107,603 shares during the period. Burney Co.’s holdings in Darden Restaurants were worth $1,740,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Teacher Retirement System of Texas increased its holdings in shares of Darden Restaurants by 98.5% during the 3rd quarter. Teacher Retirement System of Texas now owns 64,118 shares of the restaurant operator’s stock worth $12,206,000 after buying an additional 31,815 shares during the last quarter. AE Wealth Management LLC increased its holdings in shares of Darden Restaurants by 164.1% during the 3rd quarter. AE Wealth Management LLC now owns 4,872 shares of the restaurant operator’s stock worth $928,000 after buying an additional 3,027 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Darden Restaurants during the 3rd quarter worth $2,536,000. Banco Santander S.A. purchased a new position in Darden Restaurants in the third quarter valued at approximately $6,743,000. Finally, SteelPeak Wealth LLC purchased a new position in Darden Restaurants in the third quarter valued at approximately $2,816,000. 93.64% of the stock is currently owned by institutional investors and hedge funds.
Darden Restaurants Stock Down 0.5% Shares of NYSE DRI opened at $191.38 on Tuesday. Darden Restaurants, Inc. has a 12-month low of $169.00 and a 12-month high of $228.27. The company has a market cap of $21.92 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.82 and a beta of 0.64. The company has a current ratio of 0.39, a quick ratio of 0.25 and a debt-to-equity ratio of 1.02. The stock has a fifty day moving average price of $204.96 and a 200 day moving average price of $193.71.
Darden Restaurants (NYSE:DRI – Get Free Report) last announced its quarterly earnings results on Thursday, March 19th. The restaurant operator reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.01. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same period in the prior year, the firm earned $2.80 EPS. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. Research analysts anticipate that Darden Restaurants, Inc. will post 9.52 EPS for the current fiscal year.
Darden Restaurants Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 3.1%. The ex-dividend date is Friday, April 10th. Darden Restaurants’s dividend payout ratio is currently 63.49%.
Analysts Set New Price Targets Several research firms recently commented on DRI. BTIG Research restated a “buy” rating and issued a $225.00 price target on shares of Darden Restaurants in a report on Friday, March 20th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Darden Restaurants from $222.00 to $230.00 and gave the company a “buy” rating in a report on Friday, March 20th. BMO Capital Markets raised their price target on shares of Darden Restaurants from $205.00 to $220.00 and gave the company a “market perform” rating in a report on Tuesday, January 6th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Darden Restaurants in a report on Friday, March 13th. Finally, Guggenheim lowered their price target on Darden Restaurants from $235.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday, December 17th. Eighteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $226.24.
Read Our Latest Analysis on Darden Restaurants
Insider Activity In other Darden Restaurants news, insider John W. Wilkerson sold 2,258 shares of the company’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $213.00, for a total value of $480,954.00. Following the completion of the transaction, the insider directly owned 17,784 shares of the company’s stock, valued at $3,787,992. This represents a 11.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Susan M. Connelly sold 2,635 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $207.36, for a total transaction of $546,393.60. Following the completion of the transaction, the senior vice president directly owned 4,098 shares of the company’s stock, valued at approximately $849,761.28. The trade was a 39.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 11,967 shares of company stock valued at $2,536,092. Corporate insiders own 0.49% of the company’s stock.
About Darden Restaurants (Free Report)
Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.
Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.
Recommended Stories Five stocks we like better than Darden Restaurants
Receive News & Ratings for Darden Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Darden Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEBurney Co. Makes New $1.37 Million Investment in Novo Nordisk A/S $NVO
NEXT HEADLINE »Admiral Group (LON:ADM) Stock Passes Above 200 Day Moving Average – What’s Next?
Choreo LLC trimmed its holdings in Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 25.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,417 shares of the restaurant operator’s stock after selling 4,606 shares during the quarter. Choreo LLC’s holdings in Darden Restaurants were worth $2,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Capital World Investors lifted its stake in shares of Darden Restaurants by 1.6% in the 3rd quarter. Capital World Investors now owns 14,839,198 shares of the restaurant operator’s stock valued at $2,824,996,000 after purchasing an additional 236,620 shares during the period. Wellington Management Group LLP lifted its stake in shares of Darden Restaurants by 32.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,463,786 shares of the restaurant operator’s stock valued at $849,726,000 after purchasing an additional 1,102,211 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Darden Restaurants by 78.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,666,919 shares of the restaurant operator’s stock valued at $507,675,000 after purchasing an additional 1,171,890 shares during the period. Capital International Investors lifted its stake in shares of Darden Restaurants by 1.1% in the 3rd quarter. Capital International Investors now owns 1,904,022 shares of the restaurant operator’s stock valued at $362,848,000 after purchasing an additional 19,819 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of Darden Restaurants by 239.4% in the 2nd quarter. AQR Capital Management LLC now owns 722,529 shares of the restaurant operator’s stock valued at $157,490,000 after purchasing an additional 509,655 shares during the period. 93.64% of the stock is owned by institutional investors and hedge funds.
Darden Restaurants Stock Down 0.5% DRI stock opened at $191.38 on Tuesday. The stock’s 50 day simple moving average is $204.96 and its 200 day simple moving average is $193.71. Darden Restaurants, Inc. has a fifty-two week low of $169.00 and a fifty-two week high of $228.27. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.25 and a current ratio of 0.39. The company has a market cap of $21.92 billion, a P/E ratio of 20.25, a price-to-earnings-growth ratio of 1.82 and a beta of 0.64.
Darden Restaurants (NYSE:DRI – Get Free Report) last posted its quarterly earnings results on Thursday, March 19th. The restaurant operator reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.94 by $0.01. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.33 billion. During the same period in the prior year, the business earned $2.80 EPS. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. On average, research analysts expect that Darden Restaurants, Inc. will post 9.52 earnings per share for the current fiscal year.
Darden Restaurants Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, April 10th. Darden Restaurants’s payout ratio is currently 63.49%.
Analyst Ratings Changes A number of research analysts have recently issued reports on DRI shares. BMO Capital Markets boosted their price objective on Darden Restaurants from $205.00 to $220.00 and gave the company a “market perform” rating in a research note on Tuesday, January 6th. Melius Research raised Darden Restaurants from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Stephens upped their price target on Darden Restaurants from $205.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, March 20th. Wells Fargo & Company upped their price target on Darden Restaurants from $200.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, March 20th. Finally, Citigroup upped their price target on Darden Restaurants from $235.00 to $238.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. Eighteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.24.
Get Our Latest Stock Report on Darden Restaurants
Insider Buying and Selling In other Darden Restaurants news, CFO Rajesh Vennam sold 6,774 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $214.12, for a total transaction of $1,450,448.88. Following the completion of the sale, the chief financial officer directly owned 9,040 shares of the company’s stock, valued at approximately $1,935,644.80. The trade was a 42.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John W. Wilkerson sold 2,258 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $213.00, for a total value of $480,954.00. Following the sale, the insider directly owned 17,784 shares of the company’s stock, valued at $3,787,992. This represents a 11.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 11,967 shares of company stock valued at $2,536,092. Company insiders own 0.49% of the company’s stock.
Darden Restaurants Company Profile (Free Report)
Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.
Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.
Featured Stories Five stocks we like better than Darden Restaurants Want to see what other hedge funds are holding DRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Darden Restaurants, Inc. (NYSE:DRI – Free Report).
Receive News & Ratings for Darden Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Darden Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.
Key Takeaways Darden Restaurants is using AI to improve demand forecasting, staffing and inventory planning.DRI leverages automation to streamline scheduling, reduce manual tasks and control costs.Darden Restaurants uses AI to boost productivity while keeping human interaction central. Darden Restaurants, Inc. (DRI - Free Report) is increasingly using artificial intelligence and forecasting tools to improve efficiency across its restaurant operations. The company continues to focus on a people-driven model, but technology is helping managers make smarter and faster decisions.
One of the biggest benefits comes from improved demand forecasting. AI-driven systems help predict guest traffic more accurately, allowing managers to schedule the right number of employees and plan food inventory more effectively. This reduces waste, avoids shortages and ensures smoother service during peak and off-peak hours.
The company is also using these tools to simplify daily operations. Automated scheduling and predictive ordering reduce manual effort and improve consistency across locations. This helps boost labor productivity and keeps costs under control even in a challenging environment with inflation and shifting demand patterns.
Beyond restaurants, AI is improving efficiency at the corporate level. It is being used to speed up repetitive tasks, support faster project execution and enhance technology development. This allows Darden to roll out improvements more quickly across its large network.
The company is not using AI to replace employees. Instead, Darden is focused on supporting its workforce and improving execution. With most of its employees working in restaurants, human interaction remains central to the business.
Overall, AI and forecasting tools are helping Darden operate more efficiently while maintaining strong service quality. These technologies are becoming an important driver of productivity, cost control and long-term growth.
Peers Using AI and Forecasting to Enhance EfficiencyTwo major peers of Darden Restaurants are McDonald's Corporation (MCD - Free Report) and Yum! Brands, Inc. (YUM - Free Report) , is actively investing in AI-driven tools to improve restaurant efficiency.
McDonald's is leveraging AI and data analytics to enhance demand forecasting, optimize inventory and improve kitchen operations. Its technology initiatives focus on real-time decision making, helping reduce waste and streamline service across McDonald's vast global footprint. AI is also being used to improve equipment uptime and operational consistency.
Yum! Brands is advancing a centralized AI ecosystem through its Byte platform, which integrates forecasting, labor scheduling and inventory management. The platform uses machine learning to guide restaurant managers on staffing and operational decisions, similar to Darden’s approach but at a broader, system-wide level.
While Darden emphasizes empowering managers with better forecasting tools, peers like McDonald’s and Yum! Brands are scaling AI across the entire restaurant ecosystem to drive efficiency, consistency and margin expansion.
DRI Price Performance, Valuation & EstimatesShares of Darden gained 5.6% over the past six months compared with the industry’s 2.7% increase.
DRI’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, DRI trades at a forward price-to-earnings (P/E) multiple of 17.55, down from the industry’s average of 23.78.
DRI’s P/E Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for DRI’s fiscal 2026 earnings per share has increased in the past 30 days.
The company is likely to report strong earnings, with projections indicating an 11.1% rise in fiscal 2026.
Image Source: Zacks Investment Research
DRI currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Atlantic Edge Private Wealth Management LLC trimmed its position in Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 25.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,705 shares of the restaurant operator’s stock after selling 2,931 shares during the quarter. Atlantic Edge Private Wealth Management LLC’s holdings in Darden Restaurants were worth $1,602,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DRI. JPMorgan Chase & Co. boosted its stake in Darden Restaurants by 78.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,666,919 shares of the restaurant operator’s stock worth $507,675,000 after purchasing an additional 1,171,890 shares during the period. Wellington Management Group LLP boosted its stake in Darden Restaurants by 32.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,463,786 shares of the restaurant operator’s stock worth $849,726,000 after purchasing an additional 1,102,211 shares during the period. AQR Capital Management LLC boosted its stake in Darden Restaurants by 239.4% in the 2nd quarter. AQR Capital Management LLC now owns 722,529 shares of the restaurant operator’s stock worth $157,490,000 after purchasing an additional 509,655 shares during the period. Rakuten Investment Management Inc. bought a new position in Darden Restaurants in the 3rd quarter worth approximately $57,948,000. Finally, Capital World Investors boosted its stake in Darden Restaurants by 1.6% in the 3rd quarter. Capital World Investors now owns 14,839,198 shares of the restaurant operator’s stock worth $2,824,996,000 after purchasing an additional 236,620 shares during the period. 93.64% of the stock is owned by hedge funds and other institutional investors.
Darden Restaurants Stock Up 2.3% NYSE DRI opened at $201.12 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.25 and a current ratio of 0.39. The company has a market capitalization of $23.04 billion, a P/E ratio of 21.28, a P/E/G ratio of 1.86 and a beta of 0.64. Darden Restaurants, Inc. has a one year low of $169.00 and a one year high of $228.27. The stock has a 50 day moving average price of $203.93 and a 200-day moving average price of $193.93.
Darden Restaurants (NYSE:DRI – Get Free Report) last posted its earnings results on Thursday, March 19th. The restaurant operator reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $2.94 by $0.01. The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.80 EPS. As a group, equities analysts predict that Darden Restaurants, Inc. will post 9.52 EPS for the current fiscal year.
Darden Restaurants Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, April 10th. Darden Restaurants’s dividend payout ratio is currently 63.49%.
Analyst Upgrades and Downgrades Several research analysts have weighed in on the company. Robert W. Baird upped their price target on Darden Restaurants from $208.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday, March 20th. UBS Group restated a “buy” rating and issued a $230.00 price target on shares of Darden Restaurants in a research note on Tuesday, March 10th. Sanford C. Bernstein restated an “outperform” rating on shares of Darden Restaurants in a research note on Friday, March 13th. BTIG Research restated a “buy” rating and issued a $225.00 price target on shares of Darden Restaurants in a research note on Friday, March 20th. Finally, Barclays upped their price target on Darden Restaurants from $227.00 to $232.00 and gave the stock an “overweight” rating in a research note on Friday, March 20th. Eighteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $226.24.
Get Our Latest Research Report on DRI
Insider Activity at Darden Restaurants In other news, SVP Lindsay L. Koren sold 300 shares of the stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $194.32, for a total transaction of $58,296.00. Following the completion of the transaction, the senior vice president directly owned 1,617 shares in the company, valued at approximately $314,215.44. This represents a 15.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.49% of the company’s stock.
About Darden Restaurants (Free Report)
Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.
Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.
Recommended Stories Five stocks we like better than Darden Restaurants Want to see what other hedge funds are holding DRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Darden Restaurants, Inc. (NYSE:DRI – Free Report).
Receive News & Ratings for Darden Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Darden Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEBosman Wealth Management LLC Reduces Stake in MercadoLibre, Inc. $MELI
NEXT HEADLINE »Bosman Wealth Management LLC Purchases Shares of 13,500 Bitwise Bitcoin ETF $BITB
