Hamilton Beach Brands Holding Co-A 2026年季度报告

☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 March 31, 2025 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromtoCommission File Number: 001-38214 HAMILTON BEACH BRANDS HOLDING COMPANY (Exact name of registrant as specified in its charter) Delaware31-1236686(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.) (Address of principal executive offices)(Zip code) N/A(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that theregistrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large acceleratedfilerAccelerated filerNon-acceleratedfilerSmaller reportingcompany☑Emerging growthcompany If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐NoNumber of shares of ClassA Common Stock outstanding as of April25, 2025: 10,092,978 Number of shares of ClassB Common Stock outstanding as of April25, 2025: 3,598,619 EXPLANATORY NOTE Hamilton Beach Brands Holding Company (the “Company”) is filing this Amendment No. 1 on Form 10-Q/A (“Amendment”) to itsQuarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025, which was originally filed on April 30, 2025 (“OriginalFiling”), to include inline eXtensible Business Reporting Language ("iXBRL") data tagging information that was inadvertentlyomitted in the original filing. Except for the iXBRL specifically noted above, this Amendment does not modify or update disclosures in the Original Filing.Accordingly, this Amendment does not reflect events occurring after the filing of the Original Filing or modify or update any related orother disclosures, other than those identified above. HAMILTON BEACH BRANDS HOLDING COMPANYTABLE OF CONTENTS NumberPart I.FINANCIAL INFORMATIONItem1Financial StatementsConsolidated Balance Sheets1Consolidated Statements of Operations2Consolidated Statements of Comprehensive Income (Loss)3Consolidated Statements of Cash Flows4Consolidated Statements of Changes in Equity5Notes to Unaudited Consolidated Financial Statements6Item2Management’s Discussion and Analysis of Financial Condition and Results ofOperations14Item3Quantitative and Qualitative Disclosures About Market Risk18Item4Controls and Procedures19Part II.OTHER INFORMATIONItem1Legal Proceedings20Item1ARisk Factors20Item2Unregistered Sales of Equity Securities and Use of Proceeds20Item3Defaults Upon Senior Securities21Item4Mine Safety Disclosures21Item5Other Information21Item6Exhibits21Signatures22 Part IFINANCIAL INFORMATIONItem 1. Financial Statements HAMILTON BEACH BRANDS HOLDING COMPANYCONSOLIDATED BALANCE SHEETS(Unaudited) HAMILTON BEACH BRANDS HOLDING COMPANYCONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited) HAMILTON BEACH BRANDS HOLDING COMPANYCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(Unaudited) THREE MONTHS ENDEDMARCH 3120252024(In thousands)Net income (loss)$1,805$(1,162)Other comprehensive income (loss), net of tax:Foreign currency translation adjustment327(1,097)Cash flow hedging activity(620)37Reclassification of hedging activities into earnings(480)472Reclassification related to pension termination activity into earnings46—Reclassification of pension adjustments into earnings271Total other comprehensive income (loss), net of tax(725)(517)Comprehensive income (loss)$1,080$(1,679) HAMILTON BEACH BRANDS HOLDING COMPANYCONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited) HAMILTON BEACH BRANDS HOLDING COMPANYNOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTSMARCH31, 2025(Tabular amounts in thousands, except as noted and per share amounts) NOTE 1—Basis of Presentation an