Hamilton Beach doubles Q1 operating profit y/y on strong margin gains despite weaker sales and cautious consumer spending.
Hamilton Beach Brands NYSE: HBB said first-quarter profitability exceeded management's expectations as a sharp improvement in gross margin offset weaker-than-planned sales in parts of its consumer business.
Hamilton Beach Brands Holding Company (HBB) Q1 2026 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DR Donna Rittershausen Koss-Olinger Consulting LLC | 30,687 | $596,248.41 | $608,216.34 | $11,967.93 | 2.01% |
| MJ Michelle Johnston 1620 INVESTMENT ADVISORS Inc. | 1,454 | $24,470.82 | $28,818.28 | $4,347.46 | 17.77% |
Alexandra Stickelman Root Financial Partners, LLC | 6 | $114 | $118.92 | $4.92 | 4.32% |
| MS Mark Schafer Police & Firemen's Retirement System of New Jersey | 981 | $16,510.33 | $19,443.42 | $2,933.09 | 17.77% |
| Household Durables Industry | Consumer Discretionary Sector | R. Scott Tidey CEO | NYSE Exchange | 40701T104 CUSIP |
| US Country | 679 Employees | 1 Jun 2026 Last Dividend | - Last Split | 2 Oct 2017 IPO Date |
Hamilton Beach Brands Holding Company operates as a prominent provider in the design, marketing, and distribution of a wide array of small electric household and specialty housewares appliances globally. Founded in 1904 and based in Glen Allen, Virginia, the company serves a vast market that includes the United States and international regions. It distinguishes itself by offering a comprehensive portfolio of products under multiple brand names that cater to a diverse range of cooking, food preparation, and home comfort needs. Hamilton Beach maintains a dynamic presence in the retail space, reaching customers through mass merchandisers, e-commerce platforms, department stores, and various other retail outlets. Additionally, the company extends its market reach by providing private label products and catering to commercial entities, including restaurants and hotels, with its specialized product offerings.