Hamilton Beach Brands (NYSE:HBB – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.16 by $0.10, FiscalAI reports. The business had revenue of $140.26 million for the quarter, compared to analysts’ expectations of $141.94 million. Hamilton Beach Brands had a return on equity of 30.70% and a net margin of 9.41%.
Here are the key takeaways from Hamilton Beach Brands’ conference call:
- Q3 revenue rose 5.6% to $140.3 million, and operating profit increased 52.6% to $4.4 million. Gross margin expanded 640 basis points to 27.5%, largely reflecting a more favorable year-over-year tariff and inventory comparison.
- The company cut its 2026 revenue outlook from growth approaching the mid-single digits to flat year over year, citing more cautious retailer inventory commitments and a softer consumer outlook. It now expects operating profit to decline by a high-teens percentage, despite still forecasting modestly higher gross margins.
- Cash flow from operating activities less investing is now expected to reach $40 million–$50 million, up from prior guidance of $35 million–$45 million. Hamilton Beach ended Q3 with a $67.5 million net cash position after paying down $25 million of debt; cash flow benefited from tariff refunds and lower working capital.
- Management reported continued progress in higher-margin commercial and health businesses: Hamilton Beach Health recorded its fifth consecutive quarter of profitable growth and remains on track for 50% sales growth in 2026, while commercial products gained new placements and partnerships. These initiatives are part of the company’s longer-term growth strategy.
Hamilton Beach Brands Stock Down 7.3%
Shares of Hamilton Beach Brands stock traded down $2.54 during trading on Thursday, reaching $32.10. The company had a trading volume of 122,777 shares, compared to its average volume of 44,668. The company has a market cap of $431.47 million, a price-to-earnings ratio of 7.55 and a beta of 0.30. The firm’s fifty day moving average is $33.42 and its 200-day moving average is $24.13. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.04 and a current ratio of 3.13. Hamilton Beach Brands has a fifty-two week low of $13.75 and a fifty-two week high of $39.99.
Hamilton Beach Brands Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $0.1250 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Tuesday, September 1st. Hamilton Beach Brands’s dividend payout ratio is 11.39%.
Insider Activity at Hamilton Beach Brands
In related news, CFO Sarah M. Cunningham sold 3,000 shares of Hamilton Beach Brands stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $32.50, for a total value of $97,500.00. Following the completion of the transaction, the chief financial officer directly owned 39,430 shares in the company, valued at approximately $1,281,475. This trade represents a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 38.98% of the company’s stock.
Analyst Ratings Changes
HBB has been the topic of several analyst reports. Wall Street Zen upgraded Hamilton Beach Brands from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 8th. Weiss Ratings raised Hamilton Beach Brands from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat, the stock has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on Hamilton Beach Brands
About Hamilton Beach Brands
Hamilton Beach Brands Holding Company, through its subsidiary Hamilton Beach Brands, Inc, develops, markets and distributes a broad range of small household and commercial appliances. Its products are designed for food preparation, cooking, beverage making, cleaning and other household tasks.
The company’s consumer product portfolio includes blenders, coffee makers, food processors, slow cookers, air fryers, toasters, grills, rice cookers, electric kettles, hand mixers and stand mixers.
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