HomeWorld Business
Gourmet Insider
Housewares Design Awards
Mobile Homeworld Join us on Facebook Join us on LinkedIn Follow us on Twitter Join us on YouTube Subscribe to our RSS Feeds
HomeWorld Business Magazine, homeworldbusiness.com | The Newspaper For Housewares Decision Makers
  • Video
  • Events
  • Research
  • Subscribe 
    • New Digital Subscription
    • New Print Subscription
    • Renew Print Subscription
    • Address Change
    • Cancel Print Subscription
    • Website Account
    • Daily E-Newsletter
    • Paid Rates
    • Back Issues
  • Marketplace 
    • Directory
    • Classifieds
    • Job Posts
  • Advertising
  • Editorial Calendar 
  • About Us 
    • Our Team
    • Our Products
  • Home
  • Appliances
  • Kitchenware
  • Tabletop
  • Home Décor
  • Organization & Cleaning
  • Trade Shows
  • Retail
  • Financials
Login
Click here to use the Advanced Search
Site Login

Email:
Password:
Create Account
Forgot Password
 
 
 
 
   

NACCO Reports Hamilton Beach Gains, Kitchen Collection Losses

Friday August 3rd, 2012 - 11:26AM

| | Submit this to DiggIt.com | Submit this to del.icio.us | Add this to Google bookmarks | Add this to Yahoo! | Add this to Newsvine.com | Search technorati.com for blogs discussing this story | | Submit this to Stumbleupon.com | | Search icerocket.com blogs for this story What are these?
Tweet

These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!

Hamilton Beach and Kitchen Collection parent company NACCO Industries today posted second quarter results. Hamilton Beach's net income was $2.2 million versus $1.3 million in the second quarter of 2011.

The company attributed the advance to increased sales of higher-margin products, the absence of $900,000 of pre-tax costs incurred in 2011 related a Hamilton Beach distribution center relocation and lower interest rate expense, all partially offset by higher product costs. 

For its Kitchen Collection retail division, the company reported that second quarter net loss increased to $3.2 million from $2.7 million in 2011 primarily as a result of higher store costs.

For the six months ended June 30, Hamilton Beach reported net income of $3.2 million on revenues of $215.6 million versus net income of $2.3 million on revenues of $204.9 million for the first six months of 2011.

For the six months ended June 30, 2012, Kitchen Collection reported a net loss of $6.0 million on revenues of $87.6 million compared with a net loss of $6.0 million on revenues of $80.9 million for the 2011 period.

 

 

 

Tags: Housewares    Cookware & Bakeware    Small Electrics    Gadgets & Kitchen Tools    Retail    Financials   
 
More Financials News..
« Go Back
« E-mail a friend
« Printer Friendly
Advertisement
HEADLINES

Kohl's Roughed Up In Q1 But Earnings Beat Street »

Lifetime Brands, Bombay Co. Ink Licensing Deal

Wal-Mart Cites Weather For Chilling Q1 Sales

Macy's Q1 Tops Street On Earnings Despite Headwinds

Five Below Sales, Stores, Shares Expand

Meijer Named HomeWorld's 2013 Retail Champion

Ross Stores Finished Q1 Strong

April Kind To TJX Q1 Results

More Headlines...
ON THE RECORD
HomeWorld Business - On The Record
Belk's Kathryn Bufano Discusses How Charity Begins Near Home
Previous On The Records...
DIGITAL SUBSCRIPTIONS


Digital Subscription Service
Now Available

Click Here
VIEWPOINT
Color Is Everywhere In Housewares, But Will It Sell?
With all the color that has been unleashed on the housewares business this year, asking what the hot colors are is not enough. It’s more important to understand why they might be hot and how they can be applied to generate sustained revenue.

Click Here to read the full article.
Previous Viewpoints...

HomeWorld Business Magazine, homeworldbusiness.com | The Newspaper For Housewares Decision Makers
↑ Back to Top
My Online Account
Create Account
Update Account

My Magazine Subscription
Subscribe
Update Mailing Address
Cancel Subscription
My Digital Subscription
News Categories
Appliances
Kitchenware
Tabletop
Home Décor
Organization
Trade Shows
Retail
Financials
Viewpoint
Tools
Videos
Shows & Events
Marketplace
Classifieds
Research

About Us
Our Team
Our Products

Advertise With Us
Advertising
Editorial Calendar
Join us on Facebook Join us on LinkedIn Follow us on Twitter Join us on YouTube Subscribe to our RSS Feeds

ICD Publications
HomeWorld Business
Gourmet Insider
Housewares Design Awards
Hotel Business
Hotel Business DESIGN


©2001-2013, homeworldbusiness.com and ICD Publications, Inc. Cannot be reprinted without permission of homeworldbusiness.com and ICD Publications, Inc.