|
|
|
Hamilton Beach Brands Holding Company (NYSE: HBB) |
|
|
|
|
Select the Financial Report:
|
|
Select the Period:
|
|
Description of Hamilton Beach Brands Holding's Business Segments
Hamilton Beach Brands Holding Company is a well-established entity renowned for its diverse range of small kitchen appliances and home products. Founded in 1904, the company has expanded significantly over the decades, becoming a prominent name in consumer appliances. Its offerings can be categorized into several segments, products, and services.
Segments
1. Small Kitchen Appliances: This is the primary segment, featuring everyday cooking and food preparation items designed for convenience and efficiency. The products in this segment focus on varying consumer needs, from cooking to brewing beverages.
2. Consumer Products: This segment includes appliances that are used for personal and household applications, often enhancing the consumers culinary experiences.
3. International Sales: Hamilton Beach also has a significant presence in international markets, catering to a wide array of global consumers and businesses.
Products and Services
Hamilton Beach offers a comprehensive array of products which can be categorized as follows:
Kitchen Appliances
1. Blenders: A diverse selection ranging from traditional countertop blenders to immersion blenders known for their durability and performance.
2. Coffee Makers: This category includes single-serve coffee makers, drip coffee makers, and commercial coffee brewing systems, catering to personal and business needs.
3. Food Processors: Versatile options that serve various functions such as chopping, slicing, and grating, designed to simplify meal preparation.
4. Slow Cookers and Pressure Cookers: These appliances allow for diverse cooking styles, from slow simmering to quick and efficient pressure cooking.
5. Toasters and Ovens: A variety of products including conventional toasters, toaster ovens, and countertop convection ovens that offer convenience in toasting and baking.
6. Mixers: Products in this category include stand mixers and hand mixers, tailored for both amateur cooks and professional bakers.
Grills and Griddles: Indoor electric grills, outdoor grills, and stovetop griddles are included, allowing for versatile cooking options.
8. Vacuum Sealers: These products enable users to preserve food effectively by removing air from packaging, thereby extending shelf life.
9. Specialized Appliances: Additional items such as portable blenders, rice cookers, and food steamers cater to niche market demands.
International Operations
Hamilton Beach has strategically developed its international operations to expand market reach. The company markets its products in over 100 countries. Its international strategy includes local partnerships, adapting to regional preferences, and compliance with local regulations.
1. Distribution Networks: Hamilton Beach utilizes a mix of direct sales, partnerships with local distributors, and collaborations with major retail chains to effectively reach consumers globally.
2. Product Localization: Recognizing that consumer preferences vary widely across different cultures, Hamilton Beach often adapts its product lines to suit local tastes, styles, and cooking habits.
3. Marketing Strategies: The company leverages both traditional and digital marketing tailored to different international markets, utilizing local influencers and market-specific campaigns to generate brand awareness and product acceptance.
4. Research and Development: Hamilton Beach invests in understanding international market trends and consumer insights, which drives its product development to ensure offerings meet local demands.
5. Supply Chain Management: To support its global operations, Hamilton Beach has established efficient supply chain practices, ensuring that production and distribution align with demand across various regions.
Conclusion
Hamilton Beach Brands Holding Company continues to thrive by providing a diverse range of high-quality appliances that cater to everyday culinary needs. Through effective international operations, the company has positioned itself as a formidable player in the global small appliance market. Its commitment to innovation and consumer satisfaction remains at the core of its business strategy, ensuring that it meets the evolving needs of consumers around the world.
Composition of Hamilton Beach Brands Holding Company Revenues by
Segments |
| |
| Consumer products |
|
 90.55 % |
of total Revenue |
| Commercial products |
|
7.69 % |
of total Revenue |
| Licensing |
|
1.18 % |
of total Revenue |
Q3 three months ended (Sep 30 2024)
|
| Revenues by Business Segments |
Revenues
(in millions $) |
%
(of total Revenues) |
| Consumer products |
141.86 |
90.55 % |
| Commercial products |
12.04 |
7.69 % |
| Licensing |
1.84 |
1.18 % |
| Total |
156.67 |
100 % |
Q3 three months ended (Sep 30 2024)
|
| Revenue Growth rates by Segment |
Y/Y Revenue
% |
Q/Q Revenue
% |
| Consumer products |
2.17 % |
1.49 % |
| Commercial products |
-8.5 % |
-16.5 % |
| Licensing |
14.63 % |
36.88 % |
| Total |
2.35 % |
0.27 % |
Q3 three months ended (Sep 30 2024)
|
| Income by Business Segments |
Income
(in millions $) |
%
(Profit Margin) |
| Total |
1.94 |
1.24 % |
Q3 three months ended (Sep 30 2024)
|
| Income Growth rates by Segment |
Y/Y Income
% |
Q/Q Income
% |
| Total |
-81.28 % |
-67.66 % |
|
|
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.
Copyright © 2025 CSIMarket, Inc. All rights
reserved.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
