secwatch.observer — SEC 8-K summary
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Issuer:     Hamilton Beach Brands Holding Co (HBB)
CIK:        0001709164
Form:       8-K
Filed at:   2022-03-09T23:59:59+00:00
Accession:  0001709164-22-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hamilton Beach Brands FY2021 revenue record $658.4M (+9.1%); Q4 net income $0.90 vs $1.40 YoY
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- Q4 revenue $197.8M (-15.5% YoY); full-year revenue record $658.4M (+9.1% vs 2020).
- Q4 diluted EPS $0.90 vs $1.40; full-year diluted EPS $1.53 vs $1.76.
- Gross margin fell to 20.7% from 23.0% on higher transportation costs; price increases offset part.
- Entered water filtration, air purification (Clorox license), home medical (HealthBeacon) in 2021.
- 2022 outlook: modest revenue growth; operating profit expected to increase; new $25M buyback authorized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1709164/000170916422000011/0001709164-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1709164/000170916422000011/hbb-20220309.htm
  HTML page:      https://secwatch.observer/filing/0001709164-22-000011

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