Hamilton Beach Brands posted 2Q 2026 net income of $33.7 million, more than doubled from a year earlier; diluted EPS rose to $2.49.
Revenue increased 11.6% to $142.6 million, driven by higher U.S. Consumer volumes as retailers resumed buying following prior-year pauses.
Gross margin widened 26.8 percentage points to 54.3% on one-time IEEPA tariff refund benefits; operating profit climbed to $43.2 million.
Net cash totaled $51.5 million at June 30, 2026, versus net debt of $38.7 million a year earlier; 97,869 shares were repurchased for $2 million.
The company reiterated its 2026 revenue growth outlook near the mid-single-digit range and lifted its gross margin view to modestly above 2025, with operating profit now seen down high-single digits.
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