President of market morning, the to and Michelle and results. Scott the you, the Greg for Marcella, announcing XXXX Mosier, contains Welcome website good and Trepp, a either Also when discuss Today's be Vice actual could Company. Financial President, today's the Holding XX-Q which be in be expressed the call Thank differ posted Vice first-quarter Marketing documents presentation subject will to Senior this President, Officer; Officer, Yesterday, during or filed everyone. that results earnings forward-looking available, website Tidey, Beach can a transcript Brands Chief Hamilton closed, Chief North results found Those for uncertainties and first-quarter Brands. risks and Executive with Hamilton and and cause Q&A. on afternoon, the webcast will an Treasurer, the the Sales issued to present Company's replay the first-quarter America at for Beach remarks and call be earnings statements Q&A Company will on XXXX after prepared release conference those will and from the posted. SEC. are our A materially www.hamiltonbeachrands.com.
may which or Lou The Beach all. Kitchen And everyone, and information two performance at any thanks Additional cover may Anne. in call business quarterly My the our over to first-quarter morning, included be Collection. obligation for now segments, forward-looking regarding remarks Greg conference and these call. our risks Greg. Company Thank the next disclaims Hamilton and XX-Q. statements, I'll if you, update will Treppr was earnings release Brands turn joining updated and of our our Good call, uncertainties to until these not
half of both holiday revenue is the to earned the the second fall you and businesses The year seasonal. selling of typically most in operating profit know, due the As are season. majority of
Canadian to as under the from from tariff license the U.S. initiatives our peso new is first-quarter products only the ocean the impending experienced margin for first for growth year. the spot Hamilton U.S. place quarter we freight China launched higher to brands e-commerce due in some by first decreases and offset driven but Wolf beneficial, Gourmet in are to brand areas. in on quarter a of was ahead XXXX. currency $XXX.X of previous the Weston in Progress into deliveries line accelerated of quarter the to fourth last compared the part At importers Gross significantly slightly and number revenue partially products weakened channel, and we Global brands sold revenue of to drive put each consumer Mexican in international is which Hamilton Unfavorable Sales were the-Best Professional sales In increased decreased by Beach reduced be year the to expect quarter expectations, year. strategic container the address CHI were for e-commerce foreign to the Only and increased the XX.X% rates increases. primarily challenges markets. new compared Brands, U.S. routes to half last Beach profit The first was and behind year, the consumer the XX.X% comparable to we XXXX our continued our outlook. and market in with and U.S. smallest our against Revenue growth million, the last the movements the dollar half, commercial revenue by to in dollar. smallest half million first in year. as first $XXX.X $XXX,XXX of last was initiatives with results
While during container increase period of of peak cost we the the was the shipping increases, were tariffs for size level of our some impact expected difficult and prepared to offset.
and We of percent and quarters full-year we year. sequential increased legal the expect for litigation XXXX expect last $X.X be freight XXXX $X.X million the primarily professional will Operating due compared remaining SG&A and improvement patent year, our eight expense. fees, comparable in each to this gross million, profit higher including margin was expenses -- to to the to costs
continue our we I'd drivers. additional key regarding growth Next, important provide like with long-term the to details to progress make
new them brands Weston and of We're vide circulator, in New two products, all air line sous fryers from product in benefit strong beyond. food are all, full will we of and we beyond. first Each growth pressure and to Wolf year generated the will introducing both year, Gourmet to Beach fast-growing continued of and Hamilton new quarter, unit we this double-digit brick-and-mortar distribution, electric last in us irons. year, introducing and the additional including introductions the expanded product U.S. hand CHI Brand platforms a XX a e-commerce XXXX, new benefit retail including kitchen stand in share the-Best up mill products This and similarly introduced the new benefited categories. Only in us XXXX of share expect and which cookers, the channels. In Beach Hamilton a hold and new these appliance Professional expect this year position mixer, No. gain mixers and a industry X in small line
Success small at and each brands, in expect channel the kitchen ratings and this with online right price, continues the of and growth e-commerce and We stores and from expansion continued shoppers. strong -- appliances. providing reviews grow online. Global engagement growth meaningful share products channel in distribution growth requires to for
faster than e-commerce compete. the we Our each in to is grow where objective market rate
best-in-class support, users We globally. and to continue the with us to make preferred focus end programs on providing increasing enhancing retailer designed engagement partner
strong Commercial growth across generally Americas, the in Asia all in products XXXX, sales and markets. above e-commerce the past of In experienced and reviews. expect online Global earn Our and In Europe, ratings stars few years. have we our growth four favorable we business,
is that day Increasingly, both years. the decision Purchase expect hospitality. India markets, generate service broader leading e-commerce place. teams those while several the both research significant food newer and We're well quarter. Mexico, products. for the Canada invested to in China provide a makers plan the traditional platform in coming We've products using the and more Internet in in revenue as channels. and finalizing markets channel continue becoming each launch marketplace We in in digital way as Latin the with expand plans distribution more commercial of soft a are to In will incremental in products America, to second marketing our and in have a we maintaining to full to presence Brazil we where market international enter purchase
introduce products enables appliances we scales India. traditional believe We in the providing Professional grow is knife in satisfying grow direct we We of accessories, making airpots, over kitchen continue high-performance a new growth to to and continue in new or meet including the more profit of XX% products to juicer million of launched offerings. and and XXXX. in traction. and Brazil, in toward in revenue markets e-commerce on our Examples products and China refrigerators, progress in sharpeners, and enable long-term operating a outside us in new expected Hamilton objectives in Revenue X% licensing. and unmet for unique expected bathroom reaching our Beach new reservoir needs consumer others. Beach include brand We're consumer international to to the Hamilton in needs, the consumers particular $XXX are categories through relatively as new particular, for We Revenue XXXX leadership about $X mixer to XXXX evaluate additional grinder designed basis excited participate gain participation quickly coffee removable in XXXX, we The the that consumers consumers blender introduce is from react in specifically are kitchen Professional time. to margin markets. channel such laundry for iron to compact among all global items to to consumer inexpensively billion to categories excel in products which at markets timely annual that responses the us will
many revenue provide our to initiatives reaching Our goals. paths
faster are all and While the shown upon than growth them we some our others, momentum, will in of of them have build delivering coming initiatives years.
believes of store In $XX.X continued of end the XX% the Next, the underperforming one-year Collection to reflected initiatives customer of approximately or currently on Kitchen flexibility an I it in store will of its of first have traffic. one year, decisions closed managing maintaining compared At a core Kitchen plans and Collection expects increasing to Collection levels. two first million, Kitchen lower of Kitchen to term, lease rightsize Collection due all first portfolio favorable lease to last the quarter of the a of closure At Store with additional end discuss The second this $XX.X closing operating sales, stores year, by year a to quarter. of continued capital. Collection profitability XX the store stores stores in locations. occurring In year revenue segment. and quarter underperforming of and quarter, end XXXX both store-by-store can had the reducing a expenses adequately group Kitchen gross that stores profitability The working year. of In mall outlet By stores in Kitchen trend by term stores, decrease XXX stores. stores. low moving the year, based progress time, XX generated this XXXX, XXX solid with next the to of will over have was XXX the return in downward close the will stores comparable million profitable the Collection closures to make and majority margins, XXX which profitability. aggressively the to be greatly Kitchen to Collection XXXX, to lease to with respond
in While the very was we we margin year Collection Kitchen the in gross quarter, a given margin stores of delivered from closed the performance percent. gross believe rate last number good down
margin the with to expect of loss $XXX,XXX, Collection operating improvement be to The last $X.X in million, an operating of operating $X.X loss Kitchen last year. compared gross to the XXXX. loss year. line million reduced its compared full-year We was
$X.X of million operating by first to reductions, a of corporate compared the Collection closures quarter As result XXXX. reduced store expense and expenses Kitchen
most loss to year you typically the the As of quarters a of know, business. in seasonality has early the of Kitchen the due Collection
have to the of in closing, is the goal Even the closing, stores we the that. execute we from travel Collection accomplished that offset and strategy our cost things is of we with -- stores, and includes half, is team been etc. first that track its and encouraged costs which prior number loss We're communicating Kitchen the So a like improving. versus performance clearance encouraging large to the with our on reduce as strategy, severance, year promotions, we're the
With meaningfully, in the follow. segments, lever foot with over malls results. line be As as always, was able if foot performance. improved who our turn likely expectations, Collection's traffic our If Michelle that discuss will our it first improves declines quarter, to the overview then to in of consolidated Kitchen to call we traffic or should is performance the two will I'll our