Hamilton Beach Brands Holding Company earnings date
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Hamilton Beach Brands Holding Company (HBB) Q3 2026 Earnings Report
HBB Q3 2026 EPS Results
- Actual EPS
- $0.26
- Consensus EPS
- ―
- Beat/Miss
- ―
- One Year Ago EPS
- $0.12
HBB Q3 2026 Revenue Results
- Actual Revenue
- $140.26M
- Expected Revenue
- ―
- Beat/Miss
- ―
- YoY Revenue Growth
- +5.64%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/04/2026
- Time
- After Close
- Conference Call
- Wednesday, November 4, 2026
Hamilton Beach Brands Holding Company's next earnings date is estimated for March 10, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q3 2026 Earnings Call Summary
The call was positive but increasingly cautious. Third-quarter results exceeded the prior-year period across revenue, gross margin, operating profit, net income, cash flow, and net cash position, while the company reported progress in product innovation, commercial expansion, digital transformation, and Hamilton Beach Health. However, management lowered its revenue outlook because of retailer caution and a softer consumer outlook, and now expects operating profit to decline in the high teens on a percentage basis for 2026. The breadth of operational and strategic progress outweighed the stated near-term challenges.
The company now expects 2026 revenue to be flat year-over-year compared with its prior view for growth approaching the mid-single-digit range; excluding Bartesian's contribution from last year, 2026 and Q4 revenue are forecasted to increase 3.4% and 1.3%, respectively. It expects 2026 gross margins to improve modestly over 2025's gross margin of 25.7%, compared with its initial outlook for gross margins to be similar to slightly better, while operating profit is expected to decline in the high teens on a percentage basis compared with 2025, including an incremental $6 million of planned advertising spend and approximately $5 million in non-recurring accelerated depreciation. Cash flow from operating activities less cash used for investing activities for 2026 is now expected to be in the range of $40 million to $50 million, up from the previous expectations of $35 million to $45 million; the outlook excludes the benefit from the $36.5 million IEEPA tariff refund received in the second quarter and the additional $4 million IEEPA tariff refund anticipated in the fourth quarter.
- Third-Quarter Revenue GrowthThird-quarter revenue was $140.3 million, up 5.6% from $132.8 million a year ago, driven primarily by the recovery of the U.S. consumer business after retailers had paused purchasing in the year-ago period.
- Gross Profit and Margin ImprovementGross profit increased to $38.5 million from $28.0 million, while gross margin improved to 27.5% from 21.1%, a 640 basis point improvement. The improvement reflected the year-over-year change in the tariff environment, including approximately $5 million of incremental costs incurred in the prior-year quarter under the temporary 125% China tariff rate and this year's sell-through of inventory in the foreign trade zone that was not subject to additional tariffs.
- Operating Profit GrowthOperating profit increased by $1.5 million, or 52.6%, to $4.4 million from $2.9 million, as higher revenue and gross margins more than offset the increase in expenses.
- Higher Net Income and EPSThird-quarter net income increased to $3.5 million, or $0.26 per diluted share, from $1.7 million, or $0.12 per diluted share, in the prior-year quarter.
- Improved Operating Cash Flow and Lower InventoryFor the nine months ended September 30, 2026, net cash provided by operating activities was $80.5 million, compared with $14.6 million used in operating activities in the prior-year period. The increase was primarily driven by IEEPA tariff refunds and lower working capital due to lower inventory levels. Inventory declined 20.6% to $138.7 million from $174.8 million.
- Debt Reduction and Stronger Net Cash PositionDuring the third quarter, the company used cash flow to pay down $25 million in debt, repurchase approximately 25,000 shares for about $600,000, and pay $1.7 million in dividends. Its quarter-end net cash position was $67.5 million, compared with net debt of $32.8 million a year earlier.
- New Product Pipeline and InnovationThe company launched two new single-serve coffee platforms, several new irons, air fryers, and multi-cooker products, and continued executing against its new product pipeline. Management said innovation was translating into growth across multiple categories with key mass-market retail partners.
- Recognition for New ProductsThe Sandwich Stacker received the Good Housekeeping 2027 Kitchen Gear Award. Lotus Professional Blender and Lotus Signature Coffeemaker also received Good Housekeeping Awards, while the CHI partnership received three HGTV Clean Home Awards.
- Expansion of Premium Brands and PartnershipsLotus Professional expanded its online distribution, and Lotus Signature soft launched in the third quarter ahead of a broader launch planned for early next year. The CHI partnership also had a full-chain expansion planned with a leading department store, and the company planned to launch the HB Professional Kettle in the fourth quarter.
- Commercial Business GrowthThe Eclipse Blender was initially launched at a leading national coffee chain, while Sunkist commercial juicers and sectionizers continued to grow. Management cited topline momentum and improvements in product sourcing that were enhancing the margin profile of the Sunkist business.
- Additional Commercial Distribution OpportunitiesThe company's irons and hair dryers were added to a national hotel chain across approximately 770 U.S. locations, and it made progress toward replicating the program with 6 to 7 additional flagship chains. The company was also preparing to launch its Titan Food Processor, targeting the roughly 90 million global food processor market; regional food chains provided very positive feedback on its features and pricing.
- Digital and AI Transformation ProgressThe company implemented initial website improvements to support search and AI-generated demand, advanced testing of AI-optimized product content, launched a paid ChatGPT advertising pilot, and activated an AI search measurement platform to benchmark visibility against competitors. Planned next steps include AI-ready catalog data, additional platform integrations, pilot evaluation, and connecting AI visibility more directly to sales.
- Hamilton Beach Health GrowthHamilton Beach Health delivered its fifth consecutive quarter of profitable growth and remained on track to increase sales by 50% in 2026. The platform surpassed 1.25 million injections tracked and 70,000 patients managed globally, supported by specialty pharmacy and pharmaceutical company partnerships, increased auto enrollment, and improved Medicare and Medicaid access.
- Expansion of Health PlatformThe company plans to launch a pill management platform designed to improve medication adherence and provide patient feedback. It is initially targeting rheumatology and gastroenterology, with plans to expand to other therapeutic areas as the platform's effectiveness is validated.
- Continued Strategic InvestmentThe company is continuing to invest in top-of-the-funnel advertising, brand awareness, its innovation pipeline, digital capabilities, and its higher-margin commercial and Hamilton Beach Health businesses. The 2026 outlook includes an incremental $6 million of planned advertising spend supporting strategic growth initiatives.
- Higher Cash Flow OutlookCash flow from operating activities less cash used for investing activities in 2026 is now expected to be $40 million to $50 million, up from the previous expectation of $35 million to $45 million, primarily due to normalization of tariff-related impacts on net working capital.
- Expected Modest Gross Margin ImprovementDespite the lower revenue outlook, the company still expects 2026 gross margins to improve modestly over 2025's gross margin of 25.7%.
HBB Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Mar 10, 2027 | 2026 (Q4) | ―- | 1.38 | ― | ― |
| Nov 04, 2026 | 2026 (Q3) | ―0.26 | 0.12 | 115.57% (+0.14) | |
| Aug 05, 2026 | 2026 (Q2) | ―2.50 | 0.33 | 658.36% (+2.17) | |
| May 06, 2026 | 2026 (Q1) | ―0.26 | 0.13 | 98.47% (+0.13) | |
| Feb 25, 2026 | 2025 (Q4) | ―1.38 | 1.75 | -21.44% (-0.38) | |
| Nov 05, 2025 | 2025 (Q3) | ―0.12 | 0.14 | -12.86% (-0.02) | |
| Jul 30, 2025 | 2025 (Q2) | ―0.33 | 0.42 | -21.67% (-0.09) | |
| Apr 30, 2025 | 2025 (Q1) | ―0.13 | -0.08 | 263.75% (+0.21) | |
| Feb 26, 2025 | 2024 (Q4) | ―1.75 | 1.4 | 25.29% (+0.35) | |
| Oct 30, 2024 | 2024 (Q3) | ―0.14 | 0.74 | -81.08% (-0.60) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
