HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES THIRD QUARTER RESULTS
PR Newswire•04/11/2026•16:05 ET
0
Key Highlights
- ➤Revenue $140.3 million, up 5.6% year over year
- ➤Gross margin 27.5%, up 640 basis points year over year
- ➤Operating profit $4.4 million, up 52.6% year over year
- ➤2026 revenue outlook cut to flat year over year from near mid-single-digit growth
- ➤2026 operating profit outlook now declines high teens percentage-wise versus prior high-single-digit decline
Expert Statements
R. Scott Tidey, President and Chief Executive Officer of Hamilton Beach Brands Holding Company
“Our third quarter results were in line with our expectations and reflect the recovery of our U.S. consumer business following last year's tariff related headwinds, coupled with the margin benefits from our ongoing tariff mitigation actions.”
R. Scott Tidey, President and Chief Executive Officer of Hamilton Beach Brands Holding Company
“We are encouraged with the underlying health of our business and continued solid sell-through of our brands and products. Unfortunately, with consumer sentiment declining over the past couple of months, several of our retail partners have become more cautious with their inventory commitments for the upcoming holiday season. As a result, we now expect fourth-quarter sales to be lower than previously anticipated and have revised our full-year outlook accordingly. We believe the progress we've made executing our strategic initiatives including increasing the penetration of our higher margin lines of business, positions us well to navigate the near-term and capitalize on our market opportunities when the economic backdrop improves.”
HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES THIRD QUARTER RESULTS PR Newswire
GLEN ALLEN, Va., Nov. 4, 2026 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) (The Company) today announced results for the third quarter of 2026.
Get started
Create a free account to read the full story.