Hamilton Beach Brands Holding Co. (HBB) Tops Q2 EPS by 14c

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HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES SECOND QUARTER 2022 RESULTS

August 3, 2022 4:30 PM EDT

GLEN ALLEN, Va., Aug. 3, 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 second quarter of 2022.

Highlights

Revenue decreased 4.6% compared to record Q2 2021, reflecting lower sales in the Company's consumer markets partially offset by increased sales in the global commercial marketOperating profit was $5.4 million compared to $0.9 million in Q2 2021 Demand for small kitchen appliances continues to be... More