Welcome to our dedicated page for Hamilton Beach B news (Ticker: HBB), a resource for investors and traders seeking the latest updates and insights on Hamilton Beach B stock.
Hamilton Beach Brands Holding Company (NYSE: HBB) delivers innovative small appliances and commercial solutions trusted by households and businesses for over a century. This news hub provides investors and industry professionals with essential updates on corporate developments shaping the home goods and foodservice equipment sectors.
Track HBB's latest financial announcements, product launches, and strategic partnerships through verified press releases and market analyses. Our curated collection includes earnings reports, leadership updates, and innovation milestones across three key areas: consumer kitchen appliances, commercial foodservice equipment, and connected health devices through Hamilton Beach Health.
Bookmark this page for real-time access to operational updates, regulatory filings, and industry trend analyses. Whether monitoring HBB's digital transformation initiatives or evaluating their premium product expansion, this resource simplifies tracking the company's evolving market position.
Hamilton Beach Brands reported positive first quarter 2025 results, with revenue increasing 4.0% to $133.4 million and gross margin expanding by 120 basis points to 24.6%. The company achieved an operating profit of $2.3 million, compared to a loss of $0.9 million in the previous year.
Key financial highlights include:
- Cash flow from operations: $6.6 million
- Net debt reduced to $1.7 million from $23.7 million year-over-year
- Net income: $1.8 million ($0.13 per diluted share)
CEO R. Scott Tidey noted strong performance in the core U.S. consumer business despite macroeconomic headwinds. However, due to recent tariff increases on Chinese imports, the company has suspended its forward-looking guidance. Management is actively working to diversify sourcing and implement measures to mitigate higher tariffs, with benefits expected in 2026.
Hamilton Beach Brands Holding Company (NYSE: HBB) has scheduled its 2025 first quarter financial results release and conference call. The company will release Q1 2025 financial results and file its 10-Q for the quarter ended March 31, 2025, after market close on Wednesday, April 30, 2025.
A conference call will be held the same day at 4:30 p.m. Eastern Time. Investors can join via telephone using the toll-free number 888-350-3452 or international number 646-960-0369 with Conference ID 1809480. The call will also be webcast live through the company's website at hamiltonbeachbrands.com under the Investors tab, Events & Presentations section.
Hamilton Beach Brands (NYSE: HBB) reported strong financial results for Q4 and full year 2024. Full-year revenue increased 4.6% to $654.7 million, with gross margin expanding 300 basis points to 26.0%. Operating profit grew 23.1% to $43.2 million.
Fourth quarter showed revenue growth of 3.3% to $213.5 million, though operating profit decreased 5.7% to $23.6 million. The company generated robust cash flow from operations of $65.4 million in 2024. Notable achievements include the acquisition of HealthBeacon, contributing $4.3 million in revenue, and ending the year with a net cash position of $0.6 million.
For 2025 outlook, HBB expects to outperform industry growth with revenue approaching mid-single digit range and operating profit increasing at a faster rate than revenue.
Hamilton Beach Brands Holding Company (NYSE: HBB) has announced it will release its 2024 fourth quarter and full year financial results and file its 10-K after market close on Wednesday, February 26, 2025. The company will host a conference call on the same day at 4:30 p.m. (Eastern Time) to discuss the results.
Investors can access the conference call via telephone using the toll-free number 888-350-3452 (International: 646-960-0369) with Conference ID 1809480. The call will also be webcast live through the company's website at www.hamiltonbeachbrands.com under the Investors tab in the Events & Presentations section.
Hamilton Beach Brands Holding Company (NYSE: HBB) has declared a regular cash dividend of $0.115 per share for both Class A and Class B Common Stock. The dividend will be paid on March 14, 2025, to stockholders of record as of March 3, 2025.
HBB is a leading designer, marketer, and distributor of brand name small electric household and specialty housewares appliances, as well as commercial products. The company owns several consumer brands including Hamilton Beach®, Proctor Silex®, and Weston®, along with commercial brands. In 2024, its Hamilton Beach Health subsidiary acquired HealthBeacon, a medical technology firm specializing in connected devices.
Hamilton Beach Brands Holding Company (NYSE: HBB) has announced its participation in the 27th ICR Investor Conference, scheduled for January 13-15, 2025, in Orlando, Florida. The company's presentation will be delivered on January 13, 2025, at 9:00 a.m. Eastern Time, featuring President and CEO R. Scott Tidey and CFO Sally M. Cunningham.
The presentation will be accessible via webcast through the company's Investor Relations website. Hamilton Beach Brands is a leading designer, marketer, and distributor of branded small electric household and specialty housewares appliances. The company owns several consumer brands including Hamilton Beach®, Proctor Silex®, and Weston®, along with commercial brands. In 2024, its Hamilton Beach Health subsidiary acquired HealthBeacon, a medical technology firm specializing in connected devices, marking its expansion into the home health market.
Hamilton Beach Brands Holding Company (NYSE: HBB) has declared a regular quarterly cash dividend of $0.115 per share for both Class A and Class B Common Stock. The dividend will be paid on December 13, 2024, to stockholders of record as of December 2, 2024. The company operates as a leading designer, marketer, and distributor of branded small electric household appliances, specialty housewares, and commercial products. Their portfolio includes owned consumer brands like Hamilton Beach®, Proctor Silex®, and commercial brands, along with licensed brands such as Wolf Gourmet® and CHI®.
Hamilton Beach Brands Holding Company (NYSE: HBB) has expanded its Board of Directors from 11 to 13 members with the immediate appointment of April L. Lane and Bela S. Mehta. Lane, currently Chief Merchandising Officer at Thrive Market, brings extensive e-commerce experience from roles at Hearst , Amazon, Brands, and Nike. Mehta, Managing Partner at CITG Capital Partners and President of Little Switzerland, contributes financial and operating expertise from her extensive private equity background.
Hamilton Beach Brands reported Q3 2024 results with revenue increasing 2.0% to $156.7 million compared to Q3 2023. Gross profit margin expanded by 190 basis points to 28.0%. Operating profit decreased to $10.6 million from $14.4 million, primarily due to increased SG&A expenses. The company completed the acquisition of HealthBeacon, contributing $1.2 million in new revenue. Net income was $1.9 million ($0.14 per diluted share), compared to $10.3 million ($0.74 per diluted share) in Q3 2023. The company maintains its outlook for 2024, expecting modest revenue growth and significant operating profit increase.
Hamilton Beach Brands Holding Company (NYSE: HBB) has announced it will release its 2024 third quarter financial results and file its 10-Q after market close on Wednesday, October 30, 2024. The company will host a conference call on Thursday, October 31, 2024, at 9:30 a.m. (Eastern Time) to discuss the results. Investors can access the call via telephone using the toll-free number 888-350-3452 or internationally at 647-362-9199 with Conference ID 1809480. A live webcast will also be available on the company's investor relations website.
FAQ
What is the current stock price of Hamilton Beach B (HBB)?
What is the market cap of Hamilton Beach B (HBB)?
