---
schema_version: "secwatch.filing_event.v1"
accession: "0001709164-23-000024"
form_type: "8-K"
ticker: "HBB"
cik: "0001709164"
company_name: "Hamilton Beach Brands Holding Co"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:18:08.620881+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hamilton Beach Q1 revenue down 12.4% to $128.3M; net loss of $4.8M

## Summary
- Net loss $4.8M ($0.34 diluted EPS) vs net income $7.2M ($0.51) in Q1 2022.
- Operating loss $5.1M vs operating income $12.7M (incl. $10M insurance recovery).
- Gross margin fell to 16.3% from 19.3% on unfavorable mix and deleveraging.
- Net debt cut to $77.1M from $118.3M a year ago; cash flow before financing $34.3M.
- FY2023 outlook: revenue flat YoY; operating profit expected up excluding insurance recovery.

## SEC filing metadata
- accession: 0001709164-23-000024
- form_type: 8-K
- ticker: HBB
- cik: 0001709164
- company_name: Hamilton Beach Brands Holding Co
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1709164/000170916423000024/0001709164-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1709164/000170916423000024/hbb-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001709164-23-000024
- JSON: https://secwatch.observer/filing/0001709164-23-000024.json
- Plain text: https://secwatch.observer/filing/0001709164-23-000024.txt

## Key facts
- Earnings Releases
  Hamilton Beach Brands Holding Co reported first quarter ended March 31, 2023 results: revenue $128.3 million, net income $(0.34) per diluted share, EPS $(0.34) per diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $128.3 million
  - Net income: $(0.34) per diluted share
  - EPS: $(0.34) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Total revenue was $128.3 million compared to $146.4 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1709164/000170916423000024/0001709164-23-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.