HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS

The conference call will also be webcast live over the internet. To access the call, go to Please allow 15 minutes to register, hamilton beach download and install any necessary software. An archive of the webcast will be available on the company website.

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Product costs for small kitchen appliances and transportation expenses have been moderating as many of the supply chain challenges of the past few years have subsided. The Company is working with its retail partners on appropriate rollbacks of previous price increases in ways that will keep hamilton beach air fryer Brands competitive while also protecting margins. The Company expects gross profit margin to return to its historical range as the first half of 2023 unfolds, following a short-term contraction in the fourth quarter of 2022. The Company continues to focus on driving efficiencies and value improvement across the enterprise. For the full year 2023, the Company expects its total revenue to be flat to 2022. In the first half of 2023, due to an expected continuation of soft consumer consumption trends, the Company has taken a more conservative view and expects a moderate decrease in revenue compared to the first half of 2022.

In 2023, the retail marketplace remains uncertain, as consumers continue to adjust spending patterns in response to inflation and economic concerns. Demand for small kitchen appliances (SKA) is expected to be moderately softer than in 2022, especially in the first half of the year. Visibility regarding the potential degree of softness is limited at this time. Industry demand may be helped in part by consumers continuing to focus on a home-centric lifestyle. Home-centric consumers cook more, many product categories are considered essential, and increased product use creates a need for replacements and upgrades.

However, this feature only works for the carafe side, not the single-serve side. Once you hit the “Prog” button, keep holding it down and push “set time” in order to program what time you’d like your carafe of coffee to brew. Made of glass, the carafe hamilton beach air fryer is able to hold an impressive 12 cups of coffee. It has a sturdy, smooth handle that’s dependable enough to support the brewing the weight of so much coffee. The lid also flips upward, allowing you easy access to pour and refill the carafe.

We loved the modern look and minimal design of the Cuisinart DCC1120 Classic Programmable Coffeemaker, and that it brewed coffee to a higher temperature than the DCC1200. But it produced bitter brews that lacked sweetness and balance, and it lost an average of about 8 ounces of volume per 12-cup batch. The carafe’s measurements also didn’t correspond exactly to the figures in the water reservoir, which is likely why the coffee quality suffered.

This machine produced cups that balanced sweetness and rich coffee flavor without tasting bitter or too acidic, and its brews were noticeably hotter than the temp of other models. It has convenient, simple-to-use features, like settings for a classic or richer taste, and its removable water tank is easy to read and fill. Brewing a full pot makes 12 5-ounce servings (enough for about six standard mugs of coffee). After eliminating a few models from consideration, we put the top-ranking brewers through an additional test, suggested in a video by coffee expert and former World Barista Champion James Hoffmann.