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Financial Data and Key Metrics Changes - Hamilton Beach Brands generates over $600 million in annual revenue and sells over 25 million units annually, indicating a strong market presence [3] - The commercial business accounted for about 8% of total revenue in 2024, highlighting significant growth potential in this segment [15] - The company reported strong performance in 2024 with record margins, and this momentum carried into the first quarter of 2025 [20][21] Business Line Data and Key Metrics Changes - The company is focusing on six strategic growth initiatives, including driving growth in the core business, accelerating digital transformation, and gaining share in the premium market [7] - Hamilton Beach is the number two small kitchen appliance brand in the U.S. by units sold and recently moved up to number four in dollars [7] - The premium market share is currently about 1%, indicating substantial room for growth [11] Market Data and Key Metrics Changes - The company has diversified its supplier base beyond China to include partners in Indonesia, Thailand, and Vietnam, optimizing production costs [6][21] - The global commercial market is a multi-billion dollar market with higher margins, presenting significant growth opportunities [15] Company Strategy and Development Direction - The company aims to drive growth in its core business, accelerate digital transformation, and expand its presence in the premium and global commercial markets [7][24] - Hamilton Beach Health was created to combine hardware strengths with software expertise, focusing on digitally connected devices for at-home patient care [18] - The company is actively seeking strategic partnerships and acquisitions to enhance its product offerings and market reach [20] Management's Comments on Operating Environment and Future Outlook - The management acknowledged the challenges faced in 2025 due to a changing tariff environment but expressed confidence in the company's ability to pivot and adapt [21][22] - The company expects purchasing patterns to normalize by mid-year 2026, with a path to historical growth and gross margin levels [22] - Management emphasized a strong balance sheet and free cash flow to support future growth initiatives [23] Other Important Information - The company has secured exclusive multi-year trademark licensing agreements with several prominent consumer brands, enhancing its product portfolio and margins [3] - Hamilton Beach is increasing its investment in digital marketing and advertising to connect with consumers as shopping behaviors evolve [8][24] Q&A Session Summary Question: What are the growth initiatives for Hamilton Beach? - The company is focusing on driving growth in its core business, accelerating digital transformation, gaining share in the premium market, leading in the global commercial market, and leveraging partnerships and acquisitions [7][24] Question: How is the company addressing the challenges posed by tariffs? - The company implemented price increases, announced a free trade zone, accelerated supplier diversification efforts, and took $10 million out of its cost structure to adapt to the tariff environment [21]

Financial Data and Key Metrics Changes - Hamilton Beach Brands generates over $600 million in annual revenue and sells over 25 million units annually, indicating a significant market presence and customer trust [3] - The company reported strong performance in 2024 with record margins, and this momentum carried into the first quarter of 2025 [20] - In 2025, new tariffs on China and APAC imports were introduced, starting at 10% and reaching as high as 125% in the second quarter, which led to a temporary decline in demand [21] Business Line Data and Key Metrics Changes - The commercial business accounted for about 8% of total revenue in 2024, indicating significant growth potential in this higher-margin market [15] - Hamilton Beach is the number two small kitchen appliance brand in the U.S. by units sold and recently moved up to number four in dollars [7] - The Hamilton Beach Health brand, created in 2021, has seen growth and reached positive operating profit in the third quarter of 2025, just 18 months after acquiring HealthBeacon [19] Market Data and Key Metrics Changes - The U.S. premium market, which constitutes approximately half of the U.S. appliance market, has Hamilton Beach holding about 1% market share, indicating substantial room for growth [11] - The company has diversified its supplier base beyond China to include partners in Indonesia, Thailand, and Vietnam, optimizing production costs amid changing tariff conditions [6] Company Strategy and Development Direction - The company has six strategic growth initiatives: drive growth of the core business, accelerate digital transformation, gain share in the premium market, lead in the global commercial market, accelerate Hamilton Beach Health growth, and leverage partnerships and acquisitions [7][19] - Significant investments are being made in digital marketing and advertising to adapt to changing consumer shopping behaviors influenced by generative AI [23] - The launch of the Lotus Professional and Lotus Signature brands is aimed at driving growth in the premium market, supported by a $6 million advertising budget over 15 months [12] Management's Comments on Operating Environment and Future Outlook - The management acknowledged the challenges faced in 2025 due to tariffs but emphasized the company's ability to pivot and adapt, positioning itself well for 2026 [20][22] - The company anticipates purchasing patterns to normalize by mid-year 2026, with expectations for improved performance compared to 2025 [22] - Management expressed confidence in the company's strong balance sheet and free cash flow to support future growth initiatives [23] Other Important Information - Hamilton Beach has secured exclusive multi-year trademark licensing agreements with several prominent consumer brands, enhancing its product portfolio and allowing for higher pricing and margins [3] - The company is committed to consumer-driven innovation, gathering data from over 300,000 consumer touchpoints annually to inform product development [4] Q&A Session Summary Question: What are the growth initiatives for Hamilton Beach? - The company outlined six strategic growth initiatives focusing on core business growth, digital transformation, premium market share, global commercial market leadership, Hamilton Beach Health growth, and leveraging partnerships and acquisitions [7][19] Question: How is the company addressing the challenges posed by tariffs? - Management highlighted the implementation of price increases, the establishment of a free trade zone, and the acceleration of supplier diversification efforts as key responses to the tariff challenges [21][22]

Financial Data and Key Metrics Changes - Hamilton Beach Brands generates over $600 million in annual revenue and sells over 25 million units annually, indicating a strong market presence and customer trust [3] - The company reported strong performance in 2024 with record margins, and this momentum carried into the first quarter of 2025 [21][24] - The company faced challenges in 2025 due to new tariffs, which led to a temporary decline in demand, but it implemented price increases and cost-cutting measures to adapt [22][23] Business Line Data and Key Metrics Changes - The commercial business accounted for about 8% of total revenue in 2024, indicating significant growth potential in this higher-margin market [15] - Hamilton Beach is the number two small kitchen appliance brand in the U.S. by units sold and recently moved up to number four in dollars, with plans to strengthen this position further [8] - The Hamilton Beach Health brand, which includes the Smart Sharps Bin, reached positive operating profit in Q3 2025, just 18 months after the HealthBeacon acquisition [20] Market Data and Key Metrics Changes - The U.S. premium appliance market, which constitutes about half of the U.S. appliance market, has Hamilton Beach holding approximately 1% market share, indicating substantial growth opportunities [12] - The company has diversified its supplier base beyond China to include partners in Indonesia, Thailand, and Vietnam, allowing for flexibility in production amid tariff changes [7][24] Company Strategy and Development Direction - The company has outlined six strategic growth initiatives, including driving growth in the core business, accelerating digital transformation, gaining share in the premium market, leading in the global commercial market, and leveraging partnerships and acquisitions [8][19] - Significant investments are being made in digital marketing and advertising to adapt to changing consumer shopping behaviors influenced by generative AI [25] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in 2025 due to tariffs but expressed confidence in the company's ability to pivot and adapt, positioning it well for 2026 [21][24] - The company anticipates purchasing patterns to normalize by mid-year 2026 and expects to see a return to historical growth and gross margin levels [24] Other Important Information - Hamilton Beach has secured exclusive multi-year trademark licensing agreements with several prominent consumer brands, enhancing its product portfolio and allowing for higher pricing and margins [3][4] - The company is committed to innovation, with plans to double its innovation team resources and leverage AI technologies to accelerate product development [4] Q&A Session Summary Question: What are the growth initiatives for Hamilton Beach? - The company has six strategic growth initiatives focused on core business growth, digital transformation, premium market share, global commercial market leadership, Hamilton Beach Health growth, and leveraging partnerships and acquisitions [8][19] Question: How is the company addressing the challenges posed by tariffs? - Management implemented price increases, announced a free trade zone, accelerated supplier diversification, and took $10 million out of the cost structure to adapt to the tariff environment [22][23]

Exhibit 99 Investor Presentation ICR Conference 2026 January 12, 2026 Hamilton Beach Forward-Looking Statements · Core Consumer market is North America (U.S., Canada, Mexico, Latin America) · Increasing focus of the Premium small kitchen appliance market · Growing presence in global Commercial kitchen and hotel amenities markets · Developing global Home Healthcare solutions business Hamilton Beach OTUS Powerful Brand Portfolio Best Hamilton Beach Health Hamilton Beac NUMIL Flagship brand Hamilton Beach is a ...

Group 1 - Hamilton Beach Brands Holding Company will participate in the 2026 ICR Investor Conference from January 12-14, 2026, in Orlando, Florida [1] - The presentation is scheduled for January 12, 2026, at 8:30 a.m. Eastern Time and will be available via webcast on the company's Investor Relations website [2] - Hamilton Beach Brands is a leading designer, marketer, and distributor of small electric household appliances and commercial products, with owned brands including Hamilton Beach®, Proctor Silex®, and Weston® [3] Group 2 - The company also provides connected devices and software for healthcare management, expanding its presence in the home health and medical markets through connected medical devices [3] - Hamilton Beach Brands has multiyear agreements to design, sell, market, and distribute products such as Numilk® plant-based milk makers and Sunkist® commercial juicers [3] - The company licenses brands for CHI® premium garment care products and Clorox home appliances, indicating a diverse product portfolio [3]

Core Insights - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and the companies that generate it, which leads to value and growth prospects with real potential [1] Group 1 - The service offers subscribers access to a model account with over 50 stocks, in-depth cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1]

Core Insights - Companies heavily reliant on China for product sourcing are experiencing significant gross margin degradation due to tariffs, with micro-cap stocks seeing declines of 50-700 basis points [1] - Despite challenges, two micro-cap companies have successfully adjusted to tariffs through cost restructuring and sourcing diversification, making them appear attractively valued [2] Company Summaries Crown Crafts, Inc. (CRWS) - Crown Crafts specializes in infant, toddler, and juvenile products, with Walmart and Amazon as key customers, contributing 47% and 19% of fiscal 2025 gross sales respectively [3] - In the latest quarter, Crown Crafts faced a 3.1% decline in sales and a 70 basis point erosion in gross margin due to tariffs, yet managed to increase EPS year-over-year from $0.08 to $0.11 [4] - Administrative and marketing costs decreased by 13.6% year-over-year, with further cost savings expected from management's consolidation plan by fiscal 2027 [5] - The stock is trading at 3.2X trailing 12-month EV/EBITDA, significantly lower than industry averages, with a current dividend yield of 11.72% [6] Hamilton Beach Brands Holding Company (HBB) - Hamilton Beach operates in two segments: Home and Commercial Products (74% of total revenues) and Health (26% of total revenues), with Walmart and Amazon accounting for approximately 29% and 24% of revenues respectively [7][9] - The company experienced a one-time 690 basis point hit to gross margin from tariffs but has implemented pricing actions and diversified manufacturing to mitigate future risks [10] - The Health segment's operating profit turned positive, and the premiumization strategy through the Lotus brand has shown strong sell-through performance [11] - A 15.2% year-over-year drop in revenue was attributed to trade paralysis among major retail customers, but there are signs of recovery as trade conditions stabilize [12] - The stock is currently trading at 6.26X trailing 12-month EV/EBITDA, with support around a tangible book value of $11.48/share [13] Market Context - Both companies have significant exposure to consumer spending, particularly through Walmart, which is managing macroeconomic challenges effectively [14]

Core Points - Hamilton Beach Brands Holding Company declared a regular cash dividend of $0.12 per share, payable on December 16, 2025, to stockholders of record as of December 1, 2025 [1] - The Board approved a stock repurchase program for up to $25 million of Class A Common Stock, effective January 1, 2026, through December 31, 2027 [2] - The previous share buyback program, running from January 1, 2024, to December 31, 2025, also authorized the purchase of up to $25 million, with 1,034,446 shares repurchased for $20.7 million by September 30, 2025 [2][3] Company Overview - Hamilton Beach Brands is a leading designer, marketer, and distributor of small electric household appliances and commercial products, including brands like Hamilton Beach®, Proctor Silex®, and Weston® [5] - The company also provides connected devices and software for healthcare management, expanding its presence in the home health and medical markets through connected medical devices [5]

Core Viewpoint - Hamilton Beach Brands Holding Company experienced a significant decline in third-quarter 2025 results, with revenues down 15.2% year over year, reflecting ongoing challenges from tariffs and weak consumer demand [3][2][16] Financial Performance - Third-quarter 2025 revenues were reported at $132.8 million, down from $156.7 million in the previous year [3] - Gross profit fell 36% to $28 million, with the gross margin decreasing to 21.1% from 28% due to a one-time $5 million cost impact from a 125% tariff on Chinese imports [3][4] - Operating profit decreased to $2.9 million from $10.6 million, while net income slightly declined to $1.7 million, or 12 cents per diluted share, from $1.9 million, or 14 cents per diluted share, in the prior-year quarter [3] Cost Management - Selling, general and administrative expenses decreased by 25% year over year to $25.1 million, primarily due to reduced personnel costs and lower stock-based compensation [4] - Despite cost savings, the one-time tariff cost led to a significant drop in operating margin to 2.2% from 6.8% a year earlier [4] Cash Flow and Debt - Net cash used for operating activities in the first nine months of 2025 was $14.6 million, a reversal from $35.2 million in cash provided in the prior year, primarily due to a $27.5 million reduction in accounts payable [5] - As of September 30, 2025, net debt increased to $32.8 million from $22.5 million a year ago, with total debt remaining steady at $50 million [6] Management Insights - CEO R. Scott Tidey described the quarter as a period of "sequential improvement," noting normalization in retailer purchasing patterns and improved trade relations with China [7] - CFO Sally Cunningham indicated that the gross margin decline was largely temporary, with expectations for recovery as cost-saving measures and normalization of ordering patterns take effect [8] Revenue Drivers - The 15.2% year-over-year revenue drop was mainly due to lower volumes in the U.S. consumer business and a delay in orders from a major retailer [9] - Strength in the Commercial and Health segments partially offset this weakness [9] Tariff Impact - The temporary 125% tariff spike on Chinese imports compressed the gross margin by 370 basis points, with most of the impact absorbed by the company rather than passed on to customers [10] - Price increases implemented in June and August were accepted by retail partners, helping to mitigate future cost risks [10] Future Outlook - Hamilton Beach did not provide quantitative guidance due to ongoing tariff-related uncertainty but expects further recovery in top-line and margin in the fourth quarter [12] - CFO Cunningham noted that while recovery may not be linear in 2026, annual performance should benefit from actions taken in 2025 [13] Strategic Developments - The Hamilton Beach Health subsidiary achieved its first operating profit, with new partnerships and a 50% expansion in the patient subscription base [14] - The company continued its share repurchase program and maintained dividend payments, indicating confidence in its long-term outlook [15] Overall Assessment - The third-quarter results reflect progress in stabilizing the business post-tariff volatility, with management cautiously optimistic about future profitability driven by cost controls and product diversification [16]