Hamilton Beach B Stock Price, News & Analysis

Hamilton Beach Brands Holding Company (NYSE: HBB) announced a regular cash dividend of $0.10 per share, payable on December 15, 2021. This dividend applies to both Class A and Class B common stock, with stockholders of record as of December 1, 2021 eligible for payment. The company is renowned for its diverse range of small electric household and specialty appliances, serving both consumer and commercial markets.

Hamilton Beach Brands Holding Company (NYSE: HBB) reported a 41.8% increase in revenue for Q3 2021, totaling $156.7 million, with a positive operating profit of $7.4 million compared to a loss of $2.4 million in Q3 2020. The company anticipates strong demand for retail and commercial appliances into 2022, although global supply chain challenges may limit product availability. Notable growth in Latin America and e-commerce sales, which represented 31% of total revenue, highlights effective market strategies amid ongoing cost pressures.

Hamilton Beach Brands Holding Company (NYSE: HBB) will release its 2021 third quarter financial results and file its 10-Q report on November 3, 2021, after market close. The company will host a conference call on November 4, 2021, at 9:30 a.m. ET to discuss the results. Investors can access the call via telephone at 844-200-6205 (US) or 929-526-1599 (international) with access code 725382. A live webcast will also be available on the company's website.

Hamilton Beach Brands Holding Company will participate in the Jefferies 2021 Home Retail Summit on September 13, 2021. CEO Gregory H. Trepp, CFO Michelle O. Mosier, and SVP of Consumer Sales and Marketing R. Scott Tidey will discuss 'Evolving Consumer Preferences in Appliances & Electronics' from 11 a.m. to 11:45 a.m. ET. The session will be webcast live, accessible via the conference and the company's website. Investors can arrange meetings with the team during the summit.

Hamilton Beach Brands Holding Company (NYSE: HBB) announced a regular cash dividend of $0.10 per share, payable on September 15, 2021, to stockholders of record by September 1, 2021. This dividend applies to both Class A and Class B Common Stock. Hamilton Beach designs and distributes a variety of small electric household appliances and commercial products, with notable brands including Hamilton Beach, Proctor Silex, and others.

Hamilton Beach Brands Holding Company (NYSE: HBB) will participate in the Midwest IDEAS Investor Conference on August 25-26, 2021. Key executives, including President Gregory H. Trepp and CFO Michelle O. Mosier, will present a pre-recorded session available from 7:00 am CST on August 25. Investors can access the presentation on the conference site as well as through Hamilton Beach's investor relations page. The company specializes in a wide range of small electric household appliances and commercial products.

Hamilton Beach Brands reported strong revenue growth of 11.8% to $154.7 million in Q2 2021, attributed to increasing demand across all markets. However, operating profit fell to $0.9 million due to rising transportation, material, and labor costs. Gross profit margin dipped to 18.4% from 25.5% the previous year. The company is experiencing supply chain disruptions affecting product availability. Despite challenges, demand for small appliances is expected to remain robust, with plans to introduce 130 new products over the next two years.

Hamilton Beach Brands Holding Company (NYSE: HBB) will release its 2021 second quarter financial results and file its 10-Q after market close on August 4, 2021. A conference call is scheduled for August 5, 2021, at 9:30 a.m. Eastern Time to discuss the results. Investors can access the call via phone or through a live webcast on the company’s website, with a recording available afterward. Hamilton Beach designs and distributes various small household appliances and commercial products, holding well-known brands like Hamilton Beach®, Proctor Silex®, and others.

Hamilton Beach Brands and HealthBeacon Limited announced a strategic partnership to launch a smart Injection Care Management System (ICMS) in the U.S. and Canada, branded as Hamilton Beach Health. The system features the Smart Sharps Bin and a companion app to aid medication management and safe disposal of sharps. Hamilton Beach will exclusively market the system through direct-to-consumer and retail channels. HealthBeacon will manage manufacturing and data. This partnership aims to address the growing need for safe sharps disposal and medication adherence, tapping into a projected global biologics market worth $380 billion by 2024.