Hamilton Beach Brands Holding (HBB) Company Report

**Hamilton Beach Brands (HBB) exceeded expectations in Q4 2025, with revenue of $212.9 million, nearly flat year-over-year, and operating profit increasing by 8% to $25.4 million, driven by a 220 basis point increase in gross margins to 28.3%. **
**For the full year 2025, revenue declined 7.3% to $606.9 million, with reported operating profit at $36.6 million. ** However, excluding one-time tariffs and accelerated depreciation, operating profit increased to $43.5 million.
**Looking to 2026, HBB anticipates a return to mid-single-digit revenue growth, despite a $22 million headwind from the Bartesian license expiration. ** Gross margins are expected to be similar or slightly better, but reported operating profit is projected to decline low teens due to $6 million in accelerated ERP depreciation and an incremental $6 million in advertising spend.
**The company is focused on strategic growth initiatives for 2026, including expanding the premium Lotus brand, driving growth in its core business with new products and increased digital marketing, and accelerating the Hamilton Beach Health division. **

2 days ago

Transcript

Hamilton Beach Brands Reports Q4 2025 Results and Provides 2026 Outlook

HBB

Earnings

Guidance Update

Revenue Acceleration/Inflection

Hamilton Beach Brands reported Q4 2025 revenue of $212.9 million, nearly flat year-over-year, with operating profit increasing 8% to $25.4 million and gross margins expanding 220 basis points to 28.3%.
For the full year 2025, revenue was $606.9 million, a 7.3% decline from 2024, primarily due to tariff-related disruptions.
The company anticipates mid-single-digit revenue growth in 2026, despite facing a $22 million sales headwind from the expiration of a licensing agreement.
Reported operating profit is projected to decline in the low teens for 2026, attributed to $6 million in accelerated ERP depreciation and an additional $6 million in advertising investments for strategic growth initiatives.
Key growth drivers for 2026 include the expansion of the premium Lotus brand, continued growth in the commercial business (which grew over 15% in 2025), and further development of Hamilton Beach Health.

2 days ago

Transcript

Hamilton Beach Brands Reports Strong Q4 2025 Recovery and Outlines 2026 Growth Strategy

HBB

Earnings

Guidance Update

New Projects/Investments

Hamilton Beach Brands reported Q4 2025 revenue of $212.9 million, nearly flat year-over-year, and an 8% increase in operating profit to $25.4 million, significantly exceeding expectations and demonstrating recovery from tariff-related disruptions earlier in the year.
For the full year 2025, revenue was $606.9 million, a 7.3% decrease from 2024, but adjusted operating profit increased to $43.5 million (7.2% of sales) when excluding one-time incremental tariffs and accelerated depreciation.
The company projects mid-single-digit revenue growth for 2026, despite a $22 million sales headwind from the expiration of a licensing agreement. However, reported operating profit is expected to decline low teens due to $6 million in accelerated depreciation for an ERP system upgrade and an incremental $6 million in advertising spend to support strategic growth initiatives.
Key strategic highlights for 2025 included the successful launch of the Lotus brand, over 15% growth in the commercial business, and Hamilton Beach Health achieving positive operating profit. The company also returned $9 million through share repurchases and $6.4 million in dividends to shareholders in 2025.

2 days ago

Transcript

Hamilton Beach Brands Holding Company Announces Q4 and Full Year 2025 Results

HBB

Earnings

Guidance Update

Share Buyback

Hamilton Beach Brands Holding Company reported Q4 2025 revenue of $212.9 million, with gross margin expanding 220 basis points to 28.3% and operating profit increasing 8.0% to $25.4 million, although diluted EPS decreased to $1.38. For the full year 2025, revenue declined 7.3% to $606.9 million, operating profit decreased 15.3% to $36.6 million, and diluted EPS was $1.95.
Cash flow from operating activities for full year 2025 was $13.8 million, a significant decrease from the prior year, and the company ended 2025 with a net debt position of $2.7 million.
In 2025, the company repurchased 506,925 shares of Class A common stock for $9.0 million and paid $6.4 million in dividends.
For 2026, the company anticipates revenue growth in the mid-single digits, gross margins similar to slightly better than 2025, and operating profit to decline in the low teens due to planned advertising spend and accelerated depreciation. Cash flow from operating activities less investing activities is projected to be $35 million to $45 million.

2 days ago

8-K

Hamilton Beach Brands Holding Company Announces Q4 and Full Year 2025 Results

HBB

Earnings

Guidance Update

Share Buyback

Hamilton Beach Brands Holding Company reported Q4 2025 revenue of $212.9 million, relatively flat compared to Q4 2024, with operating profit growing 8.0% to $25.4 million.
For the full year 2025, revenue decreased 7.3% to $606.9 million, and diluted earnings per share was $1.95.
The company's cash flow from operating activities for FY 2025 was $13.8 million, a decrease from $65.4 million in the prior year, and it ended 2025 with net debt of $2.7 million.
During full year 2025, Hamilton Beach Brands Holding Company repurchased 506,925 shares for $9.0 million and paid $6.4 million in dividends.
For 2026, the company expects revenue growth to approach mid-single digits and gross margins similar to slightly better than 2025, but anticipates operating profit to decline low teens due to increased advertising and ERP depreciation.

2 days ago

Press Release

Hamilton Beach Brands Projects Improved 2026 Performance and Outlines Strategic Growth Initiatives

HBB

Guidance Update

Product Launch

New Projects/Investments

Hamilton Beach Brands (HBB) projects improved annual performance in 2026 compared to 2025, with purchasing patterns expected to normalize by mid-year and a return to historical growth rates and gross margin levels.
The company reported annual revenue of $600 - $650 million and holds the position as the #1 small kitchen appliance brand portfolio in the U.S. by units sold as of September 30, 2025.
Key strategic growth initiatives for HBB include expanding its presence in the premium market with the Lotus Signature launch in mid-2026, growing its global commercial market share (which represented 8% of 2024 revenue), and accelerating its Hamilton Beach Health business.
HBB maintains an asset-light business model with outsourced manufacturing and expects a strong balance sheet with low leverage ratios and historical free cash flow levels.

Jan 12, 2026, 1:30 PM

Presentation

Hamilton Beach Brands Outlines Strategic Growth Initiatives and 2026 Outlook

HBB

New Projects/Investments

Guidance Update

Product Launch

Hamilton Beach Brands (HBB) is pursuing six strategic growth initiatives, including driving core business growth, accelerating digital transformation, gaining share in the premium market, leading in the global commercial market, accelerating Hamilton Beach Health, and leveraging partnerships and acquisitions.
2025 was a challenging year due to new tariffs (10% to 125% in Q2 and Q3), which led to paused orders and reduced demand. In response, HBB implemented price increases, accelerated supplier diversification, and reduced its cost structure by $10 million. For 2026, performance is projected to improve with normalized market conditions by mid-year, a strong balance sheet, and continued investments.
The Hamilton Beach Health brand, established in 2021 and strengthened by the 2024 acquisition of HealthBeacon, achieved positive operating profit in Q3 2025 with its Smart Sharps Bin product, which operates on a subscription-based revenue model.
To accelerate digital transformation, HBB's 2026 advertising investment will exceed the combined total of the past four years. The company is also launching new premium brands, Lotus Professional (2025) and Lotus Signature (mid-2026), supported by $6 million in advertising over 15 months.

Jan 12, 2026, 1:30 PM

Transcript

Hamilton Beach Brands Navigates Tariffs and Outlines 2026 Growth Strategy

HBB

Product Launch

New Projects/Investments

M&A

Hamilton Beach Brands (HBB) reported strong performance in 2024 with record margins, but faced a challenging 2025 due to tariffs that impacted demand in Q2 and Q3. The company pivoted by implementing price increases, diversifying suppliers, and reducing costs by $10 million, positioning it for improved performance in 2026.
HBB is focusing on strategic growth initiatives, including expanding its presence in the premium market (currently 1% share of a segment representing half of the U.S. appliance market) with new brands like Lotus Professional (launched 2025) and Lotus Signature (launching mid-2026), supported by $6 million in advertising.
The company is also accelerating growth in its global commercial market (8% of 2024 revenue) through partnerships and expanding its Hamilton Beach Health segment, which includes the Smart Sharps Bin and achieved positive operating profit in Q3 2025.
HBB maintains a strong balance sheet with low leverage ratios and free cash flow, and continues to evaluate accretive acquisition opportunities to drive future growth.

Jan 12, 2026, 1:30 PM

Transcript

Hamilton Beach Brands outlines strategic growth initiatives and 2026 outlook

HBB

Product Launch

New Projects/Investments

Guidance Update

Hamilton Beach Brands (HBB) is a leading small home appliance business generating over $600 million in annual revenue and selling over 25 million units annually, with strategic expansion into premium, global commercial, and home health markets.
The company is pursuing six strategic growth initiatives, including significant investment in digital marketing, launching new premium brands like Lotus (supported by $6 million in advertising), expanding its global commercial business (which was 8% of total revenue in 2024), and growing Hamilton Beach Health, which achieved positive operating profit in Q3 2025.
2025 was a challenging year due to tariffs, which reached up to 125% in Q2, impacting demand; however, HBB responded with price increases, accelerated supplier diversification, and $10 million in cost reductions.
For 2026, HBB anticipates improved performance over 2025, driven by these actions and normalizing market conditions, expecting a strong balance sheet and free cash flow, despite a tough Q1 comparison.

Jan 12, 2026, 1:30 PM

Transcript

Hamilton Beach Brands Holding Company Outlines Strategic Growth and 2026 Outlook

HBB

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Hamilton Beach Brands Holding Company (HBB) reported annual revenue between $600-$650 million and annual units sold of 25-30 million.
The company is pursuing strategic growth initiatives, including driving core growth, accelerating digital transformation, gaining share in the premium market with the Lotus Professional launch in 2025 and Lotus Signature in mid-2026, leading in the global commercial market (which accounted for 8% of 2024 revenue), accelerating Hamilton Beach Health, and leveraging partnerships and acquisitions.
Financial performance in 2025 showed mixed results, with Q1 revenue increasing 4.0%, Q2 revenue declining 18.2%, and Q3 revenue declining 15.2%, alongside fluctuating gross margins and operating profits.
HBB projects its 2026 annual performance to improve compared to 2025, with purchasing patterns normalizing by mid-year and a return to historical growth rates and gross margin levels. The company also announced $10 million in annualized savings.