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Background
Last October, Hamilton Beach Brands (NYSE:HBB) spun off from NACCO Industries (NYSE:NC). Hamilton Beach Brands consists of two companies: Hamilton Beach and Kitchen Collection. (Throughout this article when we refer to "HBB" we are talking about Hamilton Beach Brands Holding Co., and when we refer to "Hamilton Beach" we specifically mean the kitchen appliance designer of HBB).
Hamilton Beach is a leading global designer, marketer and distributor of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, bars and hotels. Hamilton Beach does not only carry its own brands, but also brings products to the market under the brands of Proctor Silex and Weston.
