7/102 sources · 2 publishersUpdated Nov 4, 22:01 UTC
Hamilton Beach Brands reports Q3 2026 results and cuts full‑year outlook
Hamilton Beach Brands Holding Company posted third‑quarter 2026 revenue of $140.3 million, up 5.6% year over year, and a gross margin of 27.5%. The company said operating profit rose to $4.4 million, while diluted EPS was $0.26. Citing weaker retailer inventory commitments, it now expects full‑year 2026 revenue to be flat and operating profit to fall by a high‑teens percentage.
Why it matters
The revised outlook signals lower profitability for the year, which could pressure the stock and affect cash‑flow expectations; the company now projects operating cash flow of $40‑$50 million, up from prior guidance.
Key facts
- 1Q3 2026 revenue increased 5.6% to $140.3 million compared with $132.8 million in Q3 2025. prnewswire.com
- 2Gross margin rose 640 basis points to 27.5% from 21.1% in the prior year. prnewswire.com
- 3Operating profit was $4.4 million, up from $2.9 million a year earlier. prnewswire.com
- 4Diluted earnings per share were $0.26 versus $0.12 in Q3 2025. prnewswire.com
- 5The company now expects 2026 revenue to be flat year over year, revising prior guidance of mid‑single‑digit growth. prnewswire.com
- 6Operating profit is projected to decline by a high‑teens percentage versus the earlier estimate of high single‑digit growth. prnewswire.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.