Hamilton Beach Brands Holding Co. (HBB) Misses Q4 EPS by 15c
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Hamilton Beach Brands Holding Company Announces Fourth Quarter And Full Year 2020 Results
March 16, 2021 4:30 PM EDTGLEN ALLEN, Va., March 16, 2021 /PRNewswire/ --
Highlights from Continuing Operations - Q4 2020 Compared to Q4 2019
Revenue increased 14.4% to $234.0 million, driven by continued strong consumer demand in the US and Canadian consumer markets as well as the fulfillment of order backlog from Q3 2020 Operating profit increased 49% to $28.4 million Net income increased to $19.4 million, or $1.40 per diluted share, compared to net income of $13.3 million, or $0.98 per diluted share. Demand for small kitchen appliances in the US and Canada is expected to remain strong in the first half of... More