earnings
confidence high
sentiment positive
materiality 0.75
HBB Q2 revenue $156.2M (+14% YoY), operating profit $10M, EPS $0.42 from $0.01
Hamilton Beach Brands Holding Co
2024-Q2 EPS reported
$0.34
revenue$284,517,000
- Revenue $156.2M (+14% YoY); gross margin expanded 590 bps to 25.9%.
- Operating profit $10.0M vs $0.7M; net income $6.0M ($0.42 diluted EPS) vs $0.1M ($0.01).
- FY2024 outlook: modest revenue increase, significant operating profit growth driven by margin expansion.
- Net debt reduced to $12.8M from $57.8M; paid $3.1M dividends and repurchased $4.0M shares in Q2.
- HealthBeacon acquisition (Feb 2024) adds subscription revenue; expected to contribute operating profit in 2025.