Hamilton Beach Brands Holding Company provided earnings guidance for the year fourth quarter and year 2022. For the fourth quarter of 2022, the Company expects that revenue will increase modestly compared to the fourth quarter of 2021.

For the full year 2022, the company expects revenue to decrease slightly compared to record revenue in 2021. Full-year operating profit is expected to increase significantly compared to 2021, including a $10 million insurance recovery in the first quarter of 2022.