Brief: Hamilton Beach Brands - Kitchen Collection To Record A Non-Cash, Pretax Impairment Charge Of $1 Mln In Q3

Hamilton Beach Brands Holding

15/10/2019 23:09

Oct 15 (Reuters) - Hamilton Beach Brands Holding Co  HBB.N :
    * HAMILTON BEACH BRANDS - DURING Q3, KITCHEN COLLECTION TO
RECORD
A NON-CASH, PRETAX IMPAIRMENT CHARGE OF $1 MILLION
    * HAMILTON BEACH BRANDS - DURING Q3, KITCHEN COLLECTION TO
RECORD
A VALUATION ALLOWANCE OF $1.9 MILLION RELATED TO DEFERRED TAX
ASSETS
    * HAMILTON BEACH BRANDS HOLDING CO - DURING Q4, KITCHEN
COLLECTION
EXPECTS TO INCUR EXPENSES IN RANGE OF $4 MILLION TO $6 MILLION
    * HAMILTON BEACH BRANDS HOLDING - EXPECT TOTAL CASH
EXPENDITURES
RELATING TO WIND DOWN TO BE IN RANGE OF $6 MILLION TO $8 MILLION

Source text: (http://bit.ly/35FZH4n)
Further company coverage:  HBB.N 

 ((Reuters.Briefs@thomsonreuters.com;))