by Mike Duff | May 4, 2023 | Retail Articles
As it pursued and launched growth initiatives in the first quarter, Hamilton Beach Brands Holding Co. posted a net loss as slow consumer demand and retailer inventory repositioning hit sales. Net loss was $4.8 million, or 34 cents per diluted share, compared to net...
by Peter Giannetti | Nov 4, 2022 | Appliances, Home Environment, Kitchen Electrics
Higher gross margins and lower costs drove year-over-year operating profit gains by Hamilton Beach Brands Holding Company in its third quarter despite a revenue decline. In reporting a year-over-year quarterly revenue decrease of 3.8% reflecting lower consumer sales...
by Peter Giannetti | Aug 4, 2022 | Appliances, Home Environment, Kitchen Electrics
Hamilton Beach Brands Holding Company announced its second-quarter revenue decreased against a record level in the year-earlier period, adding demand for small kitchen appliances, while softer than 2021, remains significantly higher than pre-pandemic levels. Total...
by Peter Giannetti | May 5, 2022 | Appliances, Home Environment, Kitchen Electrics
Hamilton Beach Brands Holding Company announced a year-over-year revenue decline in its fourth-quarter attributed by the company in part to supply chain constraints that curbed its ability to completely fulfill strong demand from retailers and consumers. Total...
by Peter Giannetti | Mar 22, 2022 | Appliances, Home + Housewares, Personal Care & Wellness
Hamilton Beach Brands reported it will launch a line of Brita-branded countertop water filtration appliances later this year as part of an exclusive, multi-year trademark licensing and product development agreement with the leading home water filtration brand owned by...