Hamilton Beach Brands Holding Co. (HBB) Misses Q3 EPS by 57c, Revenues Miss
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Hamilton Beach Brands Holding Company Announces Third Quarter 2019 Results
November 6, 2019 5:45 PM ESTGLEN ALLEN, Va., Nov. 6, 2019 /PRNewswire/ --
Highlights:
Kitchen Collection is winding down its retail operations and will close all of its 160 stores by the end of 2019 Hamilton Beach Brands Q3 2019 revenue decreased 12.5% to $150.9 million compared to record third-quarter revenue in 2018 Lower sales volume in the Hamilton Beach Brands U.S. consumer market was due in large part to a significant change in retailer order patterns driven by the adverse impact of tariffs Hamilton Beach Brands expects to recover... More