earnings
confidence high
sentiment positive
materiality 0.70
Hamilton Beach Brands Q2 revenue down 4.6% to $147.5M; EPS $0.36 vs $0.01
Hamilton Beach Brands Holding Co
2022-Q2 EPS reported
$0.87
revenue$293,878,000
- Revenue $147.5M (down 4.6% YoY); gross margin improved to 21.7% from 18.4%.
- Operating profit $5.4M vs $0.9M; net income $0.36 diluted EPS vs $0.01.
- Ecommerce sales grew 8.3% to 37.3% of total revenue.
- Full-year outlook: modest revenue growth, significant operating profit increase; additional pricing initiatives in Q3.
- Repurchased 151,221 shares for $1.6M in Q2; $25M buyback program authorized through 2023.