Hamilton Beach posts Q2 gains

GLEN ALLEN, Va. — Hamilton Beach reported its Q2 revenue rose by 5.5 percent compared to Q2 2019, due to strong demand in the U.S. and Canada consumer markets. Operating profit increased more than threefold on higher revenue, a benefit of $1.6 million from tariff relief and lower expenses. Consolidated net income was $7.8 million, or $0.57 per diluted share, compared to a net loss of $0.6 million, or $0.04 per diluted share, a year ago.