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 Holding Company (NYSE: HBB) has announced the release of its 2023 first quarter financial results along with the filing of its 10-Q for the quarter ending March 31, 2023. This announcement will take place after the market closes on May 3, 2023. A conference call will be held on May 4, 2023, at 9:30 a.m. ET to discuss these results. Interested participants can join the call via telephone or listen to the live webcast available on the company’s website. Hamilton Beach is known for its diverse range of small electric appliances, serving both consumer and commercial markets. The company manages several well-known brands such as Hamilton Beach®, Proctor Silex®, and others.
Hamilton Beach Brands Holding Company (NYSE: HBB) reported Q4 2022 revenue of $196.2 million, nearly flat compared to Q4 2021, with a notable operating profit decline to $11.3 million from $17.9 million due to gross margin contraction. Full-year revenue decreased by 2.6% to $640.9 million, the second highest in its history. The company anticipates flat revenue for 2023 and an increase in operating profit excluding a $10 million insurance recovery. Demand for small kitchen appliances is expected to decrease moderately, particularly in the first half of 2023, as consumers adjust to economic concerns.
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