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Hamilton Beach Brands Holding Company - $HBB STOCK NEWS

Welcome to our dedicated page for Hamilton Beach Brands Holding Company news (Ticker: $HBB), a resource for investors and traders seeking the latest updates and insights on Hamilton Beach Brands Holding Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hamilton Beach Brands Holding Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hamilton Beach Brands Holding Company's position in the market.

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End-of-Day
0.66%
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Rhea-AI Summary
Hamilton Beach Brands Holding Company (NYSE: HBB) announced its second-quarter 2023 results. Total revenue declined 7.1% compared to the same quarter last year. Gross profit margin contracted by 170 basis points. Operating profit decreased from $5.4 million to $0.7 million. Cash flow from operating and investing activities improved to $55.6 million. Net debt decreased to $57.8 million. The company expects total revenue for the full year 2023 to be flat compared to 2022, with an increase in the second half offsetting the decrease in the first half. Operating profit is expected to increase compared to 2022. The company continues to focus on net working capital improvements.
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2.74%
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-1.41%
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Rhea-AI Summary
Hamilton Beach Brands Holding Company (HBB) raises its regular quarterly cash dividend by 5% to $0.11 per share. Dividend payable on June 15, 2023.
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0.28%
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3.31%
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-1.24%
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-7.85%
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-0.16%
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-1.09%
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Rhea-AI Sentiment
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0.55%
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dividends
Hamilton Beach Brands Holding Company

NYSE:HBB

HBB Rankings

HBB Stock Data

296.62M
5.92M
37.29%
42.15%
0.81%
Audio and Video Equipment Manufacturing
Manufacturing
Link
United States of America
GLEN ALLEN

About HBB

hamilton beach brands, inc. is a leading designer, marketer and distributor of small electric household appliances, specialty food processing and food preservation equipment, as well as commercial products for restaurants, bars and hotels. hamilton beach and weston brands products can be found in households and business throughout the world. hamilton beach brands, inc. is a wholly-owned subsidiary of nacco industries, inc. (nyse: nc), and is headquartered in richmond, virginia. information on innovative hamilton beach®, proctor silex®, trueair®, hamilton beach® commercial and weston brands, products can be found online at www.hamiltonbeach.com, www.proctorsilex.com,www.westonproducts.com and www.commercial.hamiltonbeach.com. our vision to be the leading supplier of small appliances. our mission profitable growth from innovative solutions that improve everyday living. our values: the customer consistently meet or exceed the needs of our internal and external customers. peop