Hamilton Beach Brands Holding Co. (HBB) Tops Q1 EPS by 36c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES FIRST QUARTER 2022 RESULTS
May 4, 2022 4:30 PM EDTGLEN ALLEN, Va., May 4, 2022 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB), which operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., today announced results for the first quarter of 2022.
Highlights
Q1 2022 revenue decreased 1.9% compared to record Q1 2021 revenue primarily due to slightly softer demand in line with expectationsOperating profit was $12.7 million in Q1 2022, including a $10 million insurance recovery related to prior losses associated with the Company's Mexican subsidiaries, compared to $5.3 million... More