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Hamilton Beach Brands Holding Company (HBB)
NYSE:HBB
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
1.4Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 14.17%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call for Hamilton Beach Brands highlighted strong financial performance, successful product launches, and strategic expansions into new markets, particularly healthcare. While there were challenges such as international revenue declines and a contraction in Q4 gross profit margin, the overall tone was positive, with expectations for continued growth in 2025.Company Guidance
During the Hamilton Beach Brands Fourth Quarter 2024 Earnings Conference Call, the company provided guidance and discussed numerous metrics reflecting strong financial performance and strategic initiatives. In Q4 2024, the company achieved a 3.3% increase in total revenue to $213.5 million, with a gross profit of $55.8 million and a gross margin of 26.1%. For the full year 2024, revenue increased by 4.6% to $654.7 million, while operating profit rose by 23.1% to $43.2 million, and net income reached $30.8 million or $2.20 per share. The company generated $65.4 million in operating cash flow and ended the year in a net cash position of $600,000, a significant improvement from the previous year's net debt position. Looking forward to 2025, Hamilton Beach expects revenue growth in the mid-single-digit range, with operating profit increasing at a faster rate, driven by expense leverage and anticipated improvements in HealthBeacon’s SG&A expenses. Additionally, the company plans a significant increase in marketing investments and aims to mitigate tariffs on up to 75% of its products, anticipating cash flow from operations and investing activities to be between $40 million and $50 million.Solid Fourth Quarter Performance
Hamilton Beach Brands reported a 3.3% increase in revenue to $213.5 million in Q4 2024, driven by a favorable product mix and higher volume.
Strong Full Year Financial Results
For 2024, net revenue increased by 4.6% to $654.7 million. Gross margin increased by 300 basis points to 26%, and operating profit increased by 23.1% to $43.2 million.
Successful New Product Launches
New product introductions, including the FlexBrew Coffee maker and the CHI Vibes garment steamer, led to market share gains in both the U.S. and international markets.
Commercial Business Growth
The Summit Edge blender achieved more than a 50% increase in sales, securing placements in major convenience store chains and a global coffee retailer.
Expansion into Healthcare Market
The acquisition of HealthBeacon and the development of healthcare management tools, such as the Smart Sharp Spin, positioned the company for further growth.
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Hamilton Beach Brands Holding Company (HBB) Earnings, Revenues Date & History
HBB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HBB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $17.79 | $20.01 | +12.48% |
| Oct 30, 2024 | $30.64 | $27.32 | -10.84% |
| Jul 31, 2024 | $19.22 | $19.46 | +1.25% |
| May 07, 2024 | $22.92 | $23.43 | +2.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hamilton Beach Brands Holding Company (HBB) report earnings?
Hamilton Beach Brands Holding Company (HBB) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Hamilton Beach Brands Holding Company (HBB) earnings time?
Hamilton Beach Brands Holding Company (HBB) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HBB EPS forecast?
Currently, no data Available
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