---
schema_version: "secwatch.filing_event.v1"
accession: "0001709164-24-000012"
form_type: "8-K"
ticker: "HBB"
cik: "0001709164"
company_name: "Hamilton Beach Brands Holding Co"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:44:43.338812+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hamilton Beach Q4 EPS more than doubles to $1.40; revenue up 5.3%; FY 2024 guidance modest

## Summary
- Q4 revenue $206.7M (+5.3% YoY); operating profit $25.0M vs $11.3M; net income $19.6M ($1.40/diluted share) up from $7.1M ($0.51).
- Full year revenue $625.6M (-2.4% YoY); gross margin 23.0% (+290bps); net income $25.2M ($1.80/sh) vs $25.3M ($1.81/sh).
- Operating cash flow $88.6M vs -$3.4M; debt reduced from $110.9M to $50.0M; net debt $34.6M.
- FY 2024 outlook: revenue increase modest, operating profit increase moderate; HealthBeacon loss in 2024, profit expected in 2025.
- Acquired HealthBeacon PLC in Feb 2024; Hamilton Beach Health anticipates operating loss in 2024 as it scales.

## SEC filing metadata
- accession: 0001709164-24-000012
- form_type: 8-K
- ticker: HBB
- cik: 0001709164
- company_name: Hamilton Beach Brands Holding Co
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1709164/000170916424000012/0001709164-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1709164/000170916424000012/hbb-20240306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001709164-24-000012
- JSON: https://secwatch.observer/filing/0001709164-24-000012.json
- Plain text: https://secwatch.observer/filing/0001709164-24-000012.txt

## Key facts
- Earnings Releases
  Hamilton Beach Brands Holding Co reported financial results for fourth quarter and fiscal year ended December 31, 2023.
  - Period: fourth quarter and fiscal year ended December 31, 2023
  - Result: reported results
  source text: On March 6, 2024, Hamilton Beach Brands Holding Company (the "Company") issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1709164/000170916424000012/0001709164-24-000012-index.htm

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