Brief: Hamilton Beach Brands Reports Q3 Earnings Per Share $0.59

Hamilton Beach Brands Holding

30/10/2018 22:41

Oct 30 (Reuters) - Hamilton Beach Brands Holding Co  HBB.N :
    * HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES THIRD
QUARTER
2018 RESULTS
    * Q3 EARNINGS PER SHARE $0.59
    * Q3 REVENUE ROSE 8.4 PERCENT TO $196.9 MILLION
    * FULL-YEAR 2018 REVENUES ARE EXPECTED TO INCREASE
MODERATELY OVER
2017
    * FOR REMAINDER OF 2018 AND IN 2019, U.S. INDUSTRY MARKET
FOR
SMALL KITCHEN APPLIANCES IS EXPECTED TO GROW MODESTLY
    * FOR 2018 FULL YEAR, CASH FLOW BEFORE FINANCING ACTIVITIES
IS
EXPECTED TO DECREASE SIGNIFICANTLY COMPARED WITH 2017
    * HAMILTON BEACH BRANDS HOLDING - SEES FOR REMAINDER OF
2018, IN
2019, INTERNATIONAL, COMMERCIAL MARKETS IN WHICH CO PARTICIPATES
TO GROW MODERATELY
    * HAMILTON BEACH BRANDS HOLDING - IN 2019, KITCHEN
COLLECTION
EXPECTS REVENUES TO BE LOWER THAN 2018 AS IT CONTINUES TO
EXECUTE  PLAN TO CLOSE STORES
    * CAPITAL EXPENDITURES ARE EXPECTED TO BE $8.6 MILLION FOR
FULL
YEAR
    * IN 2019, HAMILTON BEACH'S REVENUES ARE EXPECTED TO
INCREASE
MODESTLY COMPARED WITH 2018

Source text for Eikon:  ID:nPn7LJ65xa 
Further company coverage:  HBB.N 

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