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Hamilton Beach Brands Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-28 11:45
Selling, general, and administrative expenses increased to $34.7 million from $32.1 million, driven primarily by higher performance-based compensation accruals in the fourth quarter, along with $1.5 million of additional advertising and $1.6 million related to accelerated depreciation and write-off tied to the company’s legacy ERP system. Those costs were partially offset by restructuring actions taken in the second quarter, according to the CFO.Gross profit rose 8% year over year to $60.2 million, and gros ...