HBB

Shares of Hamilton Beach Brands Holding Company HBB have declined 7.4% since reporting first-quarter 2026 results, underperforming the S&P 500 index’s 2.1% return. Over the past month, the stock has fallen 7.9% against the S&P 500’s 8.6% growth. Hamilton Beach reported first-quarter 2026 revenues of $122 million, down 8.6% from $133.4 million in the year-ago quarter, reflecting lower volumes in its U.S. Consumer business amid softer consumer sentiment and macroeconomic uncertainty. However, profitability improved sharply as the gross margin expanded 510 basis points to 29.7% from 24.6%. Operating profit more than doubled to $5 million from $2.3 million a year earlier. Net income increased to $3.5 million from $1.8 million in the prior-year quarter, while diluted earnings per share rose to 26 cents from 13 cents. Hamilton Beach Brands Holding Company price-consensus-eps-surprise-chart | Hamilton Beach Brands Holding Company Quote The company’s earnings improvement was driven largely by pricing actions, favorable customer mix and tariff-related benefits. Gross profit increased 10.4% year over year to $36.2 million despite the decline in revenues. Management said the company benefited from the implementation of a foreign trade zone at its distribution center, which allowed it to capitalize on a February 2026 Supreme Court ruling eliminating certain IEEPA tariffs. According to management, about 190 basis points of the gross margin expansion came from selling inventory that had been priced to account for tariffs that were ultimately removed. Another 320 basis points of improvement stemmed from pricing actions and higher penetration of the company’s commercial and healthcare businesses. Management noted that some of these benefits are temporary and expected to normalize later in the year. Selling, general and administrative expenses increased modestly to $31.2 million from $30.5 million due to $1.4 million in accelerated depreciation tied to the replacement of the company’s legacy ERP system. Restructuring actions taken last year partially offset the increase. Management acknowledged that consumer demand weakened during March, particularly in lower-priced product categories within the U.S. Consumer segment. Chief executive officer R. Scott Tidey said elevated fuel costs and cautious discretionary spending pressured shoppers in the company’s core price segments. De...

Interested in Hamilton Beach Brands Holding Company? Here are five stocks we like better. Hamilton Beach’s Q1 profit surged as gross margin expanded by 510 basis points to 29.7%, helping operating profit more than double to $5 million despite sales coming in slightly below expectations. Revenue was $122 million, down 8.6% year over year, with weaker U.S. consumer demand and softer March sales offset only partly by higher pricing and growth in healthcare and commercial businesses. The company reiterated its 2026 outlook, expecting mid-single-digit revenue growth and gross margins similar to slightly better than 2025, while planning to absorb higher advertising and depreciation costs. Hamilton Beach Brands (NYSE:HBB) said first-quarter profitability exceeded management’s expectations as a sharp improvement in gross margin offset weaker-than-planned sales in parts of its consumer business. President and CEO Scott Tidey said revenue was expected to decline year over year because the company was facing a difficult comparison, but sales came in “modestly below” expectations, primarily due to softer demand in March. He said consumers remained under pressure and discretionary spending weakened in parts of the business, with the impact most evident in the company’s U.S. consumer segment. → Rocket Lab Posts Record Q1 Revenue, Raises Q2 Guidance “Shoppers in our price segments appeared to be especially affected by elevated fuel costs,” Tidey said. Despite the sales pressure, Tidey said Hamilton Beach delivered “exceptional gross margin expansion” of 510 basis points, which helped drive operating profit up 115% to $5 million. → MarketBeat Week in Review – 05/04 - 05/08 Chief Financial Officer Sally Cunningham said first-quarter revenue was $122 million compared with $103.4 million a year earlier, which she described as an 8.6% decline. She said the decline was primarily due to lower volumes in the U.S. consumer business, partially offset by higher prices and continued growth in the company’s healthcare division. Gross profit rose to $36.2 million from $32.8 million in the prior-year quarter, while gross margin improved to 29.7% from 24.6%. → The USMCA Review Is Coming: 3 Border-Sensitive Stocks to Watch Cunningham said the 510-basis-point margin improvement reflected favorable pricing and customer mix, partially offset by higher product costs. She also noted that 190 ba...

GLEN ALLEN, Va., May 8, 2026 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) (the Company) today announced that the Board of Directors has approved a 4.2% increase in the Company's regular quarterly cash dividend, raising the quarterly amount from $0.12 per share to $0.125 per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid June 16, 2026, to stockholders of record at the close of business on June 1, 2026. About Hamilton Beach Brands Holding Company Hamilton Beach Brands Holding Company is a leading designer, marketer, and distributor of a wide range of brand name small electric household and specialty housewares appliances, and commercial products for restaurants, fast food chains, bars, and hotels, and is a provider of connected devices and software for healthcare management. The Company's owned consumer brands include Hamilton Beach®, Proctor Silex®, and Weston®, as well as premium brands Hamilton Beach Professional® and Lotus®. The Company's owned commercial brands include Hamilton Beach Commercial® and Proctor Silex Commercial®. The Company licenses the brands for CHI® premium garment care products and Clorox™ home appliances. The Company has multiyear agreements to design, sell, market, and distribute Numilk® plant-based milk makers and Sunkist® commercial juicers and sectionizers. Hamilton Beach Health®, which owns HealthBeacon, is expanding the Company's presence in the home health and medical markets through connected medical devices. For more information about Hamilton Beach Brands Holding Company, visit www.hamiltonbeachbrands.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/hamilton-beach-brands-holding-company-announces-quarterly-dividend-increase-302767345.html

First Quarter Gross Margin Expands 510 Basis Points First Quarter Operating Profit Grows 115% to $5.0 Million GLEN ALLEN, Va., May 6, 2026 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) (The Company) today announced results for the first quarter of 2026. First Quarter 2026 Overview Revenue declined 8.6% to $122.0 million compared to $133.4 million Gross margin increased 510 basis points to 29.7% compared to 24.6% Operating profit increased 115% to $5.0 million compared to $2.3 million Diluted earnings per share was $0.26 compared to $0.13 "We experienced strong margin gains in the first quarter that more than offset lower sales to deliver a meaningful improvement in profitability," said R. Scott Tidey, President and Chief Executive Officer. "The significant gross margin expansion reflects the benefits from both the foreign trade zone in our distribution center, which allowed us to immediately capitalize on the Supreme Court's ruling on IEEPA tariffs, and the difference in timing between our price increases and the impact from higher costs. We are taking advantage of these temporary tailwinds and reinvesting the earnings upside in additional promotional programs to fuel increased demand. This is giving us confidence to reiterate our financial targets for 2026 despite the recent downturn in consumer sentiment and heightened macroeconomic uncertainty." Results of the First Quarter 2026 Compared to the First Quarter 2025 Total revenue declined $11.4 million, or 8.6%, to $122.0 million. The revenue decline was primarily driven by lower volumes in the Company's U.S. Consumer business due to lower consumer sentiment and overall macroeconomic uncertainty, partially offset by strong double digit increase in the Health business revenue. Gross profit was $36.2 million, or 29.7% of total revenue, compared to $32.8 million or 24.6% of total revenue. The increase in gross profit margin is primarily due to favorable pricing and customer mix, partially offset by higher product costs. The margin improvement included a one-time benefit of 190 bps related to the sell-through of inventory impacted by previously anticipated IEEPA tariffs that were eliminated following the February 2026 United States Supreme Court ruling that the IEEPA does not authorize the U.S. President to impose tariffs. This benefit is non-recurring and will not persist beyond the sell-thr...

GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Hamilton Beach Brands Holding Co. (HBB) on Wednesday reported net income of $3.5 million in its first quarter. On a per-share basis, the Glen Allen, Virginia-based company said it had net income of 26 cents. The holding company for makers of small household appliances and kitchenware posted revenue of $122 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBB at https://www.zacks.com/ap/HBB

Image source: The Motley Fool. Wednesday, May 6, 2026 at 4:30 p.m. ET President and Chief Executive Officer — R. Scott Tidey Senior Vice President, Chief Financial Officer, and Treasurer — Sally M. Cunningham Need a quote from a Motley Fool analyst? Email [email protected] R. Scott Tidey, president and CEO, and Sally M. Cunningham, senior vice president, chief financial officer, and treasurer. Our presentation today includes forward-looking statements. These statements are subject to risks and uncertainties that could cause results to differ materially from those expressed in either our prepared remarks or during the Q&A. Additional information regarding these risks and uncertainties is available in our 10-Q, our earnings release, and our annual report on Form 10-Ks for the year ended December 31, 2025. Hamilton Beach Brands Holding Company disclaims any obligation to update these forward-looking statements, which may not be updated until our next quarterly conference call, if at all. We will also discuss certain non-GAAP measures. Reconciliations for Regulation G purposes can be found in our earnings materials. I will now turn the call over to Scott. Scott? R. Scott Tidey: Thank you, Brendan, and good afternoon, everyone. Thank you for joining us today. We are pleased to report first quarter profitability that exceeded our expectations. First quarter revenue was expected to be down year-over-year as we are up against a challenging comparison, and while it declined slightly more than planned, we delivered exceptional gross margin expansion of 510 basis points, which drove operating profit growth of 115% to $5 million. Sales were modestly below our expectations, primarily because March was softer than planned. Consumers remained under pressure and discretionary spending weakened in parts of our business. The impact was most pronounced in our U.S. consumer business, where shoppers in our price segments appear to be especially affected by elevated fuel costs. At the same time, our gross margin performance was significantly stronger than planned. Thanks to the implementation of the foreign trade zone last year at our distribution center, we were able to quickly capitalize on the Supreme Court's ruling on IEPA tariffs in late February, shipping certain products in March that had no additional tariff charges. First quarter gross margins also benefited from other tariff...

Profitability exceeded expectations despite a revenue decline, driven by a 510 basis point gross margin expansion resulting from tariff mitigation and pricing strategies. Revenue softness in March was attributed to weakened discretionary spending among U.S. consumers, particularly those sensitive to elevated fuel costs. The company successfully capitalized on a Supreme Court ruling regarding IEPA tariffs by utilizing its foreign trade zone to ship products without additional charges. Strategic growth in the premium market is focused on the LOTUS brand, where the company aims to expand its current 1% share of the $9 billion U.S. appliance market. The Hamilton Beach Health segment achieved its third consecutive quarter of profitable growth, supported by expanding partnerships in the pharmaceutical and specialty pharmacy sectors. Operational efficiency was bolstered by diversifying the sourcing strategy and implementing selective price increases to offset higher product costs. Management reiterated full-year guidance with revenue growth expected to approach the mid-single-digit range as comparisons ease starting in April. The company plans to reinvest Q1 margin upside into promotional programs to stimulate demand amidst ongoing consumer sentiment headwinds. Hamilton Beach Health is on track to increase sales by 50% this year, supported by the launch of a new pill management platform pilot in the third quarter. Operating profit is projected to decline in the low-teens on a percentage basis due to $6 million in incremental advertising and $6 million in accelerated depreciation for a new ERP system. The company is actively pursuing approximately $41 million in IEPA-related tariff refunds, though the timing and recovery of these funds remain uncertain. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Gross margin included a non-recurring 190 basis point benefit from the sell-through of inventory priced for tariffs that were ultimately eliminated. SG&A expenses were impacted by $1.4 million in accelerated depreciation related to the replacement of a legacy ERP system. The company exited an arrangement to sell trade receivables for a single customer, resulting in higher net working capital and a shift in cash receipt timing. Management identified elevated fuel cost...

GLEN ALLEN, Va., April 29, 2026 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) announced today that it will release its 2026 first quarter financial results and file its 10-Q for the quarter ended March 31, 2026, after the market close on Wednesday, May 6, 2026. The Company will host a conference call on Wednesday, May 6, 2026, to discuss its results. The conference call will be webcast live over the internet. To listen to the webcast, please select Events & Presentations from the Investors tab of the Hamilton Beach Brands Holding Company website at www.hamiltonbeachbrands.com. Please allow 15 minutes to register, download and install any necessary software. An archive of the webcast will be available on the company website. About Hamilton Beach Brands Holding Company Hamilton Beach Brands Holding Company is a leading designer, marketer, and distributor of a wide range of brand-name small electric household and specialty housewares appliances, and commercial products for restaurants, fast food chains, bars, and hotels, and is a provider of connected devices and software for healthcare management. The Company's owned consumer brands include Hamilton Beach®, Proctor Silex® and Weston®, as well as premium brands Hamilton Beach Professional® and Lotus®. The Company's owned commercial brands include Hamilton Beach Commercial® and Proctor Silex Commercial®. The Company licenses the brands for CHI® premium garment care products and Clorox™ home appliances. The Company has multiyear agreements to design, sell, market, and distribute Numilk® plant-based milk makers and Sunkist® commercial juicers and sectionizers. Hamilton Beach Health, which owns HealthBeacon, is expanding the Company's presence in the home health and medical markets through connected medical devices. For more information about Hamilton Beach Brands Holding Company, visit www.hamiltonbeachbrands.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/hamilton-beach-brands-holding-company-announces-dates-of-its-2026-first-quarter-earnings-release-and-conference-call-302757573.html

Hamilton Beach reported Q4 revenue was nearly flat at $212.9M while gross profit rose 8% and gross margin improved 220 bps to 28.3%, lifting operating profit 8% to $25.4M, though net income fell to $18.5M largely due to year‑ago tax benefits. Full‑year revenue fell 7.3% to $606.9M as higher tariffs disrupted U.S. consumer ordering, but management says adjusted 2025 operating profit (ex‑one‑time tariffs and ERP charges) would have increased to $43.5M (7.2% of sales) while Commercial, Health and the new Premium Lotus brand drove stronger mix and growth. The company’s 2026 outlook targets a return to mid‑single‑digit revenue growth despite a ~ $22M headwind from an expiring license, but reported operating profit is expected to decline low‑teens percent due to about $6M of ERP accelerated depreciation and ~$6M of incremental advertising, with free cash flow after investing forecast at $35–45M. Interested in Hamilton Beach Brands Holding Company? Here are five stocks we like better. Hamilton Beach Brands (NYSE:HBB) reported fourth-quarter and full-year 2025 results that management said exceeded internal expectations, marking what executives described as a key step in recovering from tariff-related disruptions that affected demand and retailer ordering patterns earlier in the year. Revenue in the fourth quarter was $212.9 million, down slightly from $213.5 million in the year-ago period, a decline of about 30 basis points. Management emphasized the sequential improvement versus the prior quarters, when sales fell 18% in the second quarter and 15% in the third quarter after a 4% increase in the first quarter. → Diamondback Sees Resilient Demand Despite Cautious Guidance CEO Scott Tidey said fourth-quarter revenue was “nearly flat” year over year, with growth in the company’s Commercial and Health businesses offsetting a modest decline in the core consumer segment. CFO Sally Cunningham added that while consumer sales were down versus the prior year, demand improved significantly on a sequential basis as that business continued to normalize. Gross profit rose 8% year over year to $60.2 million, and gross margin increased 220 basis points to 28.3%. Cunningham attributed the margin improvement to favorable product and customer mix tied to growth in Commercial and Health, labor and logistics efficiencies, and a margin benefit from the timing of price increases. → AI Is...

Shares of Hamilton Beach Brands Holding Company HBB have outperformed the broader market, following the release of its fourth-quarter 2025 results. The stock has climbed 6.7% since reporting earnings compared with a 0.8% return for the S&P 500. Over the past month, Hamilton Beach shares have risen 7.7%, while the S&P 500 has declined 0.9%, signaling a favorable investor response to the company’s latest update. For the fourth quarter of 2025, revenues were $212.9 million compared with $213.5 million in the year-ago quarter. The gross margin expanded 220 basis points to 28.3% from 26.1%, lifting operating profit 8% to $25.4 million from $23.6 million. However, diluted earnings per share declined to $1.38 from $1.75, reflecting a less favorable tax comparison. For 2025, revenues fell 7.3% to $606.9 million from $654.7 million in 2024. The gross margin slipped 30 basis points to 25.7% from 26%, while operating profit decreased 15.3% to $36.6 million from $43.2 million. Full-year diluted EPS declined to $1.95 from $2.20. Hamilton Beach Brands Holding Company price-consensus-eps-surprise-chart | Hamilton Beach Brands Holding Company Quote Fourth-quarter revenue stability masked divergent segment trends. Growth in the Commercial and Health businesses offset lower volumes in the U.S. Consumer segment. Gross profit rose to $60.2 million from $55.8 million, aided by a favorable product and customer mix tied to higher-margin Commercial and Health sales, along with labor and logistics efficiencies, and pricing benefits. Selling, general and administrative expenses increased to $34.7 million from $32.1 million, reflecting higher performance-based compensation, $1.5 million in incremental advertising, and $1.6 million tied to the write-off and accelerated depreciation of a legacy ERP system. These investments tempered some of the gross margin gains. For 2025, lower U.S. Consumer volumes, particularly in the second and third quarters, as retailers paused buying amid tariff uncertainty, led to the revenue decline. A one-time $5.3-million incremental tariff cost reduced the gross margin by 90 basis points. Notably, income before taxes rose to $35.6 million from $33.4 million, but net income fell to $26.5 million from $30.8 million due in part to a higher effective tax rate compared with a tax-benefit period in 2024. The operating cash flow declined sharply to $13.8 million i...

GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Hamilton Beach Brands Holding Co. (HBB) on Wednesday reported net income of $18.5 million in its fourth quarter. On a per-share basis, the Glen Allen, Virginia-based company said it had net income of $1.38. The holding company for makers of small household appliances and kitchenware posted revenue of $212.9 million in the period. For the year, the company reported profit of $26.5 million, or $1.95 per share. Revenue was reported as $606.9 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBB at https://www.zacks.com/ap/HBB