tiprankstipranks
Hamilton Beach Expects Revenue Growth and Profit Rise in 2024
Company Announcements

Hamilton Beach Expects Revenue Growth and Profit Rise in 2024

Story Highlights

Stay Ahead of the Market:

Hamilton Beach Brands Holding Company ( (HBB) ) has shared an announcement.

Hamilton Beach Brands Holding Company announced at the 2025 ICR Investor Conference that it expects a modest increase in revenue and a significant rise in operating profit for the full year 2024 compared to 2023, driven by an expansion of gross profit margin. The company also anticipates its cash flow from operating activities, less cash used for investing activities, to reach the high end of its normalized range of $25 million to $35 million.

More about Hamilton Beach Brands Holding Company

YTD Price Performance: -1.66%

Average Trading Volume: 56,002

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $218.9M

Find detailed analytics on HBB stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App