Hamilton Beach Brands Holding Company (NYSE:HBB) Q4 2023 Earnings Call Transcript

Sally Cunningham: Yes. I think that’s exactly right, Greg, right? So, with the emergence of Hamilton Beach Health, we’re certainly looking at a pipeline of opportunities and talking to different folks as we do think that is an area for us in the future. And then for our other commercial and consumer brands, we always take an opportunistic approach and always looking and we’ll assess each one as they go along, but absolutely possible that we could have a deal, but nothing in the pipeline right now.

Adam Bradley: Okay. So, thank you for all of that, really not only a good quarter but long very good performance kind of coming out of COVID. It’s great to see cash flow and working capital coming back in line. This is, in my view, been a cash-producing business given where it is in its life cycle and just all around good, so thanks for answering my questions and great job.

Operator: There are no further questions at this time. I turn the call back over to Greg Trepp.

Gregory Trepp: Okay. Thank you. So today, we discussed our continued efforts to build long-term shareholder value, supported by our many competitive advantages and our strategic initiatives. We benefit from our leadership in the small kitchen appliance industry, which has a long history strong durable demand. Our team is experienced with strong industry, customer and consumer knowledge. We are a proven innovator, a retailer relationship span a broad group of customers in the brick-and-mortar and omnichannel and e-commerce-only channels. We have an asset-light global infrastructure. We plan to leverage all of these strengths in 2024 and beyond. That concludes our report for today. Thank you again for joining our call.

Operator: This concludes today’s conference call. You may now disconnect.