by Mike Duff | Aug 1, 2024 | Appliances, Home + Housewares, Home Environment, Kitchen Electrics
Hamilton Beach Brands saw sales and revenue gains in its second quarter helped by volume growth from consumers in the United States, Mexico and Latin America. Net income was $6 million, or 42 cents per diluted share, as compared to $110,000, or one cent per diluted...
by Mike Duff | May 4, 2023 | Retail Articles
As it pursued and launched growth initiatives in the first quarter, Hamilton Beach Brands Holding Co. posted a net loss as slow consumer demand and retailer inventory repositioning hit sales. Net loss was $4.8 million, or 34 cents per diluted share, compared to net...
by Peter Giannetti | Nov 4, 2022 | Appliances, Home Environment, Kitchen Electrics
Higher gross margins and lower costs drove year-over-year operating profit gains by Hamilton Beach Brands Holding Company in its third quarter despite a revenue decline. In reporting a year-over-year quarterly revenue decrease of 3.8% reflecting lower consumer sales...
by Peter Giannetti | Aug 4, 2022 | Appliances, Home Environment, Kitchen Electrics
Hamilton Beach Brands Holding Company announced its second-quarter revenue decreased against a record level in the year-earlier period, adding demand for small kitchen appliances, while softer than 2021, remains significantly higher than pre-pandemic levels. Total...
by Peter Giannetti | May 5, 2022 | Appliances, Home Environment, Kitchen Electrics
Hamilton Beach Brands Holding Company announced a year-over-year revenue decline in its fourth-quarter attributed by the company in part to supply chain constraints that curbed its ability to completely fulfill strong demand from retailers and consumers. Total...