Hamilton Beach Brands Holding Co false 0001709164 0001709164 2024-08-28 2024-08-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 28, 2024
HAMILTON BEACH BRANDS HOLDING COMPANY
(Exact name of registrant as specified in its charter)
|
|
|
|
|
Delaware |
|
001-38214 |
|
31-1236686 |
(State or other jurisdiction of incorporation) |
|
(Commission File Number) |
|
(IRS Employer Identification No.) |
|
|
|
4421 WATERFRONT DR |
|
GLEN ALLEN VA |
|
23060 |
|
|
(Address of principal executive offices) |
|
(Zip code) |
(804) 273-9777
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
|
|
|
|
|
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
Class A Common Stock, Par Value $0.01 Per Share |
|
HBB |
|
New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On August 28, 2024, members of management of Hamilton Beach Brands Holding Company will present an investor presentation at the 2024 Midwest IDEAS Investor Conference. A copy of the investor presentation is attached hereto as Exhibit 99 and is incorporated herein by reference.
The information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
As described in Item 7.01 of this Current Report on Form 8-K, the following Exhibit is furnished as part of this Current Report on Form 8-K.
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
|
|
|
|
|
Date: August 28, 2024 |
|
|
|
HAMILTON BEACH BRANDS HOLDING COMPANY |
|
|
|
|
|
|
|
|
By: |
|
/s/ Sally M. Cunningham |
|
|
|
|
Name: |
|
Sally M. Cunningham |
|
|
|
|
Title: |
|
Senior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer)/(Principal Accounting Officer) |
Exhibit 99 Investor Presentation Three Part Advisors Midwest IDEAS
Investor Conference AUGUST 28, 2024
2 Forward-Looking Statements The statements contained in this presentation
that are not historical facts are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act. These forward-looking statements are made subject to certain risks and
uncertainties, which could cause actual results to differ materially from those presented. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no
obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Such risks and uncertainties include, without limitation: (1) uncertain or unfavorable global economic conditions and
impacts from global military conflicts; (2) the Company’s ability to source and ship products to meet anticipated demand; (3) the Company’s ability to successfully manage constraints throughout the global transportation supply chain; (4)
changes in the sales prices, product mix or levels of consumer purchases of small electric and specialty housewares appliances; (5) changes in consumer retail and credit markets, including the increasing volume of transactions made through
third-party internet sellers; (6) bankruptcy of or loss of major retail customers or suppliers; (7) changes in costs, including transportation costs, of sourced products; (8) delays in delivery of sourced products; (9) changes in or unavailability
of quality or cost effective suppliers; (10) exchange rate fluctuations, changes in the import tariffs and monetary policies and other changes in the regulatory climate in the countries in which the Company operates or buys and/or sells products;
(11) the impact of tariffs on customer purchasing patterns; (12) product liability, regulatory actions or other litigation, warranty claims or returns of products; (13) customer acceptance of, changes in costs of or delays in the development of new
products; (14) increased competition, including consolidation within the industry; (15) changes in customers’ inventory management strategies; (16) shifts in consumer shopping patterns, gasoline prices, weather conditions, the level of
consumer confidence and disposable income as a result of economic conditions, unemployment rates or other events or conditions that may adversely affect the level of customer purchases of the Company’s products; (17) changes mandated by
federal, state and other regulation, including tax, health, safety or environmental legislation; (18) the Company’s ability to identify, acquire or develop, and successfully integrate, new businesses or new product lines; and (19) other risk
factors, including those described in the Company’s filings with the Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 10-K for the year ended December 31, 2023. Furthermore, the future impact of
unfavorable economic conditions, including inflation, changing interest rates, availability of capital markets and consumer spending rates remains uncertain. In uncertain economic environments, we cannot predict whether or when such circumstances
may improve or worsen, or what impact, if any, such circumstances could have on our business, results of operations, cash flows and financial position.
3 Company Overview Who We Are Markets Served • Hamilton Beach Brands
Holding Company • Core Consumer market is North America (U.S., Canada, Mexico, • A leading designer, marketer and distributor of a wide range of Latin America) branded small electric household and specialty housewares appliances, as well
as commercial • Increasing share of the Premium products for restaurants, fast food chains, bars and hotels small kitchen appliance market • Provider of connected devices and software for healthcare • Growing presence in global
Commercial kitchen and hotel management amenities markets • Long tenured company (110+ years) • Burgeoning global Home Healthcare • Became public in 2017, traded on NYSE under ticker HBB solutions business as of 2021 • Annual
revenue: ~$650 million • Leader in large and growing small appliances industry • Annual units sold: 25-30 million • Growing revenue profitability while reducing working capital and debt
4 Investment Highlights 01 02 03 Leader in large and growing Proven
innovator with 110+ Strong relationships consumer housewares market, years of industry leading R&D with key customers across all with a powerful portfolio of markets and channels, with a iconic brands leading ecommerce presence 04 05 06 07 Six
strategic Asset-light business Disciplined capital Experienced initiatives to drive model generates allocation strategy of management team revenue growth and healthy free cash flow reinvestment in executing against margin expansion business,
returning strategic priorities over time value to shareholders
5 Luxury Powerful Brand Portfolio Flagship brands Hamilton Beach and
Proctor Silex are well known and trusted names that have served consumers for 110+ years • Core business provides strong foundation Premium, to support newer growth initiatives Commercial, Health & • Exclusive multiyear trademark
licensing Wellness and other agreements with increasing number of premium consumer brands sold at higher prices and higher margins • Portfolio offers good, better, best product assortment from Value to Luxury Value
6 Broad Product Assortment ® Participates in high demand Hamilton
Beach participates Hamilton Beach brand small in 50+ product categories appliances rank in the Top 3 categories like single-serve often offering multiple brands positions for national brands in coffee, blenders, toaster per category 26 key product
sub-categories ovens and grills in the U.S.¹ ¹ Source: Circana, Retail Tracking Service, US Unit Sales, Small Appliances Sub-Categories, 12 months ending June 30, 2024
7 Consistent Product Innovation ® Hamilton Beach’s Good
Thinking approach to consumer-driven innovation Goal is to • Gather data/feedback from 25,000+ maximize innovations consumer touchpoints annually with unique consumer • 200+ new product platforms benefits launched over last 5 years
• Pipeline of innovative new products focused on core, premium, commercial, health & wellness markets • HBB grew dollar and unit market share in North America in 2023 and through first half of 2024¹ ¹ Source: Circana June
30, 2024
8 2024 New Products Proprietary & Confidential
9 Best-in-Class Customer Relationships Products distributed through all
key channels Global Health North American Consumer Global Commercial Largest customers for flagship brands
10 Strategic Growth Initiatives 01. Drive Core Growth 02. Gain Share in
the Premium Market Core Premium Leverage Partnerships and 03. Lead in Global Commercial Market Acquisitions Customer Focused Accelerate Digital 04. Accelerate Growth of Hamilton Beach Health Transformation Health Commercial 05. Accelerate Digital
Transformation 06. Leverage Partnerships and Acquisitions
11 01 Strategic initiative Hamilton Beach is the #1 small kitchen
appliance brand in the U.S. by units sold¹ Drive Core • Proctor Silex brand is “Simply Better”, products feature sleek, practical designs at accessible price points Growth • Growth plans to increase revenue and market
share focus on innovative new product development • 2024 product launches include new models in high-demand categories including coffee makers, air fryer toaster ovens, blenders, food processors, hand and stand mixers, slow cookers, garment
care, and more • Increasing digital, social media and influencer marketing support ¹ Source: Circana June 30, 2024
12 02 Strategic initiative Gain Share • Some premium brands are
owned while others are used under exclusive multiyear trademark licensing in Premium and other agreements Leveraging • HBB share of U.S. $3.6 billion market is ~3%, brands into providing significant room for growth¹ new premium Market
lines • Accounted for 15% of HBB 2023 revenue • Growth plans include new brands such as the launch of Numilk machines to create fresh plant- based milks on demand in 2024 ¹ Source: Circana December 31, 2023
13 Premium New Products
14 03 Strategic initiative • Increasing participation in
multi-billion-dollar Lead in Global global market with significant upside • Investing in higher margin products for commercial food service/beverages and Commercial hotel amenities • Accounted for 8% of HBB 2023 revenue Market •
Growth plans include product innovations, increasing sales with existing/new customers, and leveraging HBB partnerships
15 Commercial Growth Plans Further regional and global chain penetration
• Blending and mixing • Back-of-house food prep Drive growth in EMEAI region Coffee Numilk commercial machine shops are a prime target
16 04 Strategic initiative 2021 2024 Accelerate Acquired HealthBeacon
PLC, a Created Hamilton Beach Health brand medical technology firm Growth of • Opportunity driven by demographics, increased chronic medical conditions, need for at-home treatments, technology • Developing healthcare management tools
including remote Hamilton Beach therapeutic monitoring systems, first system is the Smart Sharps Bin provided primarily through specialty pharmacies Health • Revenue model is subscription-based, high margin • Growth plans include adding
new patients with existing or new pharmacy customers, increasing conditions treated using the system
17 • Best-in-class retailer support driving 05 prominent brand
placement on Strategic initiative leading sites • HBB’s strong product reviews and ratings online build brand equity Accelerate HBB has • Growth plans include online content capitalized on Digital consumer investments to drive
awareness/sell- shift to online through, online advertising and other shopping digital marketing strategies Transformation 48% of HBB 2023 U.S. consumer sales were from ecommerce, growing at 13% CAGR over last 5 years
18 Identify businesses that fit strategically 06 within the Hamilton
Beach portfolio and Strategic initiative leverage Company’s many strengths Partnerships Leverage Partnerships & Acquisitions Acquisitions • Pursue additional trademark licensing agreements • Forge strategic alliances
19 Twelve Months Ending Income Statement Data 6/30/24 12/31/23 12/31/22
Financial Revenue $644,781 $625,625 $640,949 Gross Profit $165,900 $143,676 $129,114 Summary % of Revenue 25.7% 23.0% 20.1% Operating Profit $48,427 $35,081 $38,794 (In thousands) % of Revenue 7.5% 5.6% 6.1% • Strong recovery from global
supply chain As of challenges Balance Sheet Data 6/30/24 12/31/23 12/31/22 • Trending above historical profitability Total Assets $369,896 $384,702 $388,950 Net Working Capital¹ $118,783 $162,284 $209,414 Debt $50,000 $50,000 $110,895
• Asset light model Net Debt² $12,787 $34,630 $109,967 • Disciplined management of working capital Twelve Months Ending • Significant reduction of pandemic-related debt Free Cash Flow 6/30/24 12/31/23 12/31/22 Cash Flow from
Operations $68,447 $88,636 ($3,418) • Cash provided by operating activities in the Capital Expenditures ($3,473) ($5,174) ($2,279) first half of 2024 was $37.1M Free Cash Flow³ $64,974 $86,463 ($5,697) Capital Allocation •
Disciplined capital allocation strategy to Debt Addition (Reductions) ($9,858) ($60,916) $14,383 return shareholder value and invest in growth Cash Dividends Paid ($6,218) ($6,082) ($5,782) See Appendix for Non-GAAP reconciliations Share Repurchases
($7,038) ($3,074) ($2,979) ¹ NWC: Inventory plus Accounts Receivable Net less Accounts Payable per the face of the Balance Sheet ² Net Debt: Debt less Cash and Cash Equivalents per the face of the Balance Sheet Acquisitions ($7,412) $0 $0
³ Free Cash Flow: Cash Flow from Operations less Capital Expenditures
20 Revenue Growth Roadmap Fastest growing areas of HBB's Growth driven by
business expected to be: 6 key strategic • Premium • Commercial initiatives • Health Small kitchen appliance market in 2024 projected to be modestly below 2023 HBB 2024 total revenue expected to increase modestly, outpacing market
due to progress with strategic initiatives
21 Key Margin Drivers Gross profit margin expansion from mix shift to
premium and commercial products 01 SG&A leverage as the business scales 02 2024 operating profit expected to increase significantly due to gross profit margin expansion 03
22 Key: Strategic Global Footprint and Corporate HQ Operations Regional
HQ Sales rd 3 Party Manufacturers Health Asset-Light Business Model Dublin, Ireland Minneapolis, Markham, Ontario HealthBeacon HQ Canada HQ – Sales Minnesota Sales Office and Marketing Belleville, Ontario Distribution Center Geel, Belgium
Shanghai, China Distribution Center rd Hamilton Beach outsources 3 Party Sales Office, Manufacturing Engineering, Quality manufacturing primarily to Throughout China Richmond, Virginia Assurance Corporate Headquarters China and is diversifying All
Disciplines within Asia Bentonville, Southern Pines, Arkansas North Carolina Sales Office Service Center, ~1% HealthBeacon Shenzhen, China Suzhou, China Engineering, Quality of sales Distribution Center Byhalia, Assurance, Operations, and
Distribution Center Results in low capex Mississippi Distribution Center Orlando, Florida requirements Miami, Florida Sales Office HealthBeacon DC rd 3 Party Manufacturing Throughout Asia Pacific Provides significant free Mexico City, Mexico
Tultitlan, Mexico cash flow for reinvestment Mexico HQ – Sales and Distribution Center Marketing; Administrative
23 Strong Balance Sheet and Liquidity Goal is to maintain a Ample
liquidity conservative leverage $75M net debt to support growth profile not greater than reduction in 2023 investments 2.5x-3x
24 Disciplined Capital Allocation Priorities Reinvest in Return value to
shareholders the business • Maintain competitive dividends • Share repurchases Opportunistically buy back stock • Support organic growth o Repurchased 414,011 shares (TTM 6/30/2024) • Disciplined M&A strategy Paid $6.2M o
Goal is to offset dilution at a minimum focused on synergistic, in dividends (TTM 6/30/2024) bolt-on opportunities
25 Why Invest in HBB? 01 02 03 Leader in large and growing Proven
innovator with 110+ Strong relationships consumer housewares market, years of industry leading R&D with key customers across all with a powerful portfolio of markets and channels, with a iconic brands growing ecommerce presence 04 05 06 07 Six
strategic Asset-light business Disciplined capital Experienced initiatives to drive model generates allocation strategy of management team revenue growth and healthy free cash flow reinvestment in executing against margin expansion business,
returning strategic priorities over time value to shareholders
Thank You
Appendix
28 As of Net Working Capital 6/30/24 12/31/23 12/31/22 Non-GAAP Trade
receivables, net $85,038 $135,434 $115,135 Inventory $130,197 $126,554 $156,038 Disclosure Less: Accounts Payable $96,452 $99,704 $61,759 Net Working Capital $118,783 $162,284 $209,414 • Net working capital, net debt and free cash flow are
non-GAAP financial measures that As of management uses in evaluating Net Debt 6/30/24 12/31/23 12/31/22 financial position. The presentation of these measures is not intended Total debt $50,000 $50,000 $110,895 to be considered in isolation from,
Less: Cash and cash equivalents $37,213 $15,370 $928 as a substitute for, or as superior to, Net debt $12,787 $34,630 $109,067 the financial information prepared and presented in accordance with U.S. GAAP. The presentation of Twelve Months Ending
these measures may be different Free Cash Flow 6/30/24 12/31/23 12/31/22 from non-GAAP financial measures Cash Flow from Operations $68,447 $88,636 ($3,418) used by other companies. A Less: Capital Expenditures $3,473 $5,174 $2,279 reconciliation of
these measures to Free Cash Flow $64,974 $86,463 ($5,697) its most directly comparable GAAP measure is provided in the table.
v3.24.2.u1
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the state or province.
+ References
+ Details
Name: |
dei_EntityAddressStateOrProvince |
Namespace Prefix: |
dei_ |
Data Type: |
dei:stateOrProvinceItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTitle of a 12(b) registered security.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b
+ Details
Name: |
dei_Security12bTitle |
Namespace Prefix: |
dei_ |
Data Type: |
dei:securityTitleItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the Exchange on which a security is registered.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection d1-1
+ Details
Name: |
dei_SecurityExchangeName |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarExchangeCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Section 14a -Number 240 -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTrading symbol of an instrument as listed on an exchange.
+ References
+ Details
Name: |
dei_TradingSymbol |
Namespace Prefix: |
dei_ |
Data Type: |
dei:tradingSymbolItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
Hamilton Beach Brands (NYSE:HBB)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Hamilton Beach Brands (NYSE:HBB)
Historical Stock Chart
Von Dez 2023 bis Dez 2024