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 Mike Duff | Jul 21, 2022 | Retail Articles
Voice commerce has yet to really take off, but as consumers get used to interacting with smart devices and products via speech, Amazon has picked this time to introduce the Alexa Shopping Kit, a resource for developers. It is, Amazon announced, a comprehensive suite...
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...
