---
schema_version: "secwatch.filing_event.v1"
accession: "0001709164-23-000036"
form_type: "8-K"
ticker: "HBB"
cik: "0001709164"
company_name: "Hamilton Beach Brands Holding Co"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:07:36.436163+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HBB Q2 revenue falls 7.1% to $137.1M; EPS drops to $0.01 from $0.36

## Summary
- Revenue $137.1M vs $147.5M YoY; gross margin down 170bps to 20.0%.
- Net income $0.1M ($0.01 diluted EPS) vs $5.1M ($0.36) prior year.
- Operating cash flow $57.3M vs ($25.5M) prior year; net debt reduced to $57.8M from $126.3M.
- Full-year 2023 outlook: revenue flat YoY, operating profit to increase excluding $10M insurance recovery.
- Repurchased 56,973 shares for $0.6M; paid $1.5M in dividends in Q2.

## SEC filing metadata
- accession: 0001709164-23-000036
- form_type: 8-K
- ticker: HBB
- cik: 0001709164
- company_name: Hamilton Beach Brands Holding Co
- filed_at: 2023-08-02T23:59:59+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/1709164/000170916423000036/0001709164-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1709164/000170916423000036/hbb-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001709164-23-000036
- JSON: https://secwatch.observer/filing/0001709164-23-000036.json
- Plain text: https://secwatch.observer/filing/0001709164-23-000036.txt

## Key facts
- Earnings Releases
  Hamilton Beach Brands Holding Co reported the second quarter ended June 30, 2023 results: revenue $137.1 million, net income $0.1 million, EPS $0.01 per diluted share. Guidance reaffirmed.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $137.1 million
  - Net income: $0.1 million
  - EPS: $0.01 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: compared to full-year 2022, excluding last year's $10 million insurance recovery Results of the Second Quarter 2023 Compared to the Second Quarter 2022 Total revenue was $137.1 million, a 7.1% decrease, compared to $147.5 million, in line with Company expectations. Revenue decreased in the Company's U.S., Latin American and Canadian consumer markets primarily
  evidence_url: https://www.sec.gov/Archives/edgar/data/1709164/000170916423000036/0001709164-23-000036-index.htm

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