Hamilton Beach Brands Holding (HBB) 8-K Results of Operations and Financial Condition

													EXHIBIT 99
Hamilton Beach Brands Holding Company - Consolidated
(in thousands, except percentage data)
	Revenue
	Q1	Q2	Q3	Q4	FY
2018	146,633	157,941	196,901	241,704	743,179
2019	145,377
	Operating (loss) profit
	Q1	Q2	Q3	Q4	FY
2018	(546)	384	10,795	20,999	31,632
2019	(2,129)
	Interest Expense, net
	Q1	Q2	Q3	Q4	FY
2018	532	889	1,001	855	3,277
2019	746
	Other (income) expense, net
	Q1	Q2	Q3	Q4	FY
2018	(514)	687	(426)	579	326
2019	(332)
	Income (Loss) Before Income Taxes														Effective Income Tax Rate
	Q1	Q2	Q3	Q4	FY		Q1		Q2		Q3		Q4		FY
2018	(564)	(1,192)	10,220	19,565	28,029	2018	25.9	%	26.7	%	21.3	%	23.2	%	22.3	%
2019	(2,543)					2019	30.8	%
	Net Income (Loss)
	Q1	Q2	Q3	Q4	FY
2018	(418)	(874)	8,044	15,032	21,784
2019	(1,761)
	Depreciation and amortization expense
	Q1	Q2	Q3	Q4	FY
2018	1,235	1,227	1,313	1,534	5,309
2019	1,249
	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2018	2,401	2,154	2,685	836	8,076
2019	862
	Net cash provided by (used for) operating activities
	Q1	Q2	Q3	Q4	FY
2018	(39,134)	(17,040)	9,594	58,404	11,824
2019	(50,135)
	Net cash used for investing activities
	Q1	Q2	Q3	Q4	FY
2018	(2,401)	(2,148)	(2,684)	(831)	(8,064)
2019	(833)

Hamilton Beach Brands Holding Company - Consolidated
(in thousands, except percentage data)
	Cash flow before financing activities(1)
	Q1	Q2	Q3	Q4	FY
2018	(41,535)	(19,188)	6,910	57,573	3,760
2019	(50,968)
	Net cash provided by (used for) financing activities
	Q1	Q2	Q3	Q4	FY
2018	33,000	18,803	(6,757)	(54,301)	(9,255)
2019	46,388
	Dividends Paid to Stockholders
	Q1	Q2	Q3	Q4	FY
2018	1,162	1,166	1,164	1,166	4,658
2019	1,177
	Total debt
	Q1	Q2	Q3	Q4	FY
2018	85,508	105,476	99,883	46,624	46,624
2019	94,212
	Equity
	Q1	Q2	Q3	Q4	FY
2018	47,637	46,010	54,450	65,438	65,438
2019	63,079
(1)	Cash flow before financing activities is equal to net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities.

Hamilton Beach Brands, Inc.
(in thousands, except percentage data)
	Revenue														Revenue % Change Year Over Year
	Q1	Q2	Q3	Q4	FY		Q1		Q2		Q3		Q4		FY
2018	125,414	135,869	172,464	200,024	633,771	2018	9.9	%	6.5	%	12.3	%	(9.0)	%	3.0	%
2019	126,728					2019	1.0	%
	Gross Profit $														Gross Profit %
	Q1	Q2	Q3	Q4	FY		Q1		Q2		Q3		Q4		FY
2018	27,704	30,448	38,382	41,693	138,227	2018	22.1	%	22.4	%	22.3	%	20.8	%	21.8	%
2019	26,259					2019	20.7	%
	Operating Expenses														Operating Expenses as a % of revenue
	Q1	Q2	Q3	Q4	FY		Q1		Q2		Q3		Q4		FY
2018	23,920	26,258	25,144	24,023	99,345	2018	19.1	%	19.3	%	14.6	%	12.0	%	15.7	%
2019	24,619					2019	19.4	%
	Operating Profit (Loss)														Operating Profit (Loss) %
	Q1	Q2	Q3	Q4	FY		Q1		Q2		Q3		Q4		FY
2018	3,784	4,190	13,238	17,670	38,882	2018	3.0	%	3.1	%	7.7	%	8.8	%	6.1	%
2019	1,640					2019	1.3	%
	Depreciation and amortization expense
	Q1	Q2	Q3	Q4	FY
2018	969	967	1,055	1,286	4,277
2019	1,049
	Net Working Capital (1)
	Q1	Q2	Q3	Q4	FY
2018	122,319	127,381	142,860	112,302	112,302
2019	136,254
	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2018	2,286	2,068	2,610	795	7,759
2019	853
	Net cash provided by (used for) operating activities
	Q1	Q2	Q3	Q4	FY
2018	(28,226)	(10,135)	10,166	47,208	19,013
2019	(38,868)
	Net cash used for investing activities
	Q1	Q2	Q3	Q4	FY
2018	(2,286)	(2,068)	(2,610)	(795)	(7,759)
2019	(853)
	Cash flow before financing activities (2)
	Q1	Q2	Q3	Q4	FY
2018	(30,512)	(12,203)	7,556	46,413	11,254
2019	(39,721)
	(1)	Net working capital is equal to accounts receivable, net plus inventories, net less accounts payable.
	(2)	Cash flow before financing activities is equal to net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities.

Kitchen Collection, LLC
(in thousands, except percentage data and number of stores)
	Number of stores														Average revenue per store
	Q1	Q2	Q3	Q4	FY		Q1		Q2		Q3		Q4		FY
2018	199	199	197	189	189	2018	111		114		131		226		600
2019	168					2019	115
	Revenue
	Q1	Q2	Q3	Q4	FY
2018	22,100	22,762	25,884	42,723	113,469
2019	19,253
	Gross Profit $														Gross Profit %
	Q1	Q2	Q3	Q4	FY		Q1		Q2		Q3		Q4		FY
2018	10,115	10,377	12,004	18,223	50,719	2018	45.8	%	45.6	%	46.4	%	42.7	%	44.7	%
2019	8,533					2019	44.3	%
	Operating Expenses														Operating Expenses as a % of revenue
	Q1	Q2	Q3	Q4	FY		Q1		Q2		Q3		Q4		FY
2018	14,419	14,211	14,411	14,994	58,035	2018	65.2	%	62.4	%	55.7	%	35.1	%	51.1	%
2019	12,233					2019	63.5	%
	Operating Profit (Loss)														Operating Profit (Loss) %
	Q1	Q2	Q3	Q4	FY		Q1		Q2		Q3		Q4		FY
2018	(4,304)	(3,834)	(2,407)	3,229	(7,316)	2018	(19.5)	%	(16.8)	%	(9.3)	%	7.6	%	(6.4)	%
2019	(3,700)					2019	(19.2)	%
	Depreciation and amortization expense
	Q1	Q2	Q3	Q4	FY
2018	267	259	258	248	1,032
2019	201
	Net Working Capital (1)
	Q1	Q2	Q3	Q4	FY
2018	14,957	16,818	17,005	10,194	10,194
2019	15,820
	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2018	116	85	75	41	317
2019	8
	Net cash provided by (used for) operating activities
	Q1	Q2	Q3	Q4	FY
2018	(10,898)	(6,906)	(574)	11,196	(7,182)
2019	(11,268)

Kitchen Collection, LLC
(in thousands, except percentage data and number of stores)
	Net cash used for investing activities
	Q1	Q2	Q3	Q4	FY
2018	(116)	(79)	(74)	(36)	(305)
2019	21
	Cash flow before financing activities (2)
	Q1	Q2	Q3	Q4	FY
2018	(11,014)	(6,985)	(648)	11,160	(7,487)
2019	(11,247)
(1)	Net working capital is equal to accounts receivable, net plus inventories, net less accounts payable.
(2)	Cash flow before financing activities is equal to net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities.