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Newark, NJ, May 27, 2021 (GLOBE NEWSWIRE) According to the report published by Fior Markets, the
global food dehydrators market is expected to grow from USD 2.15 billion in 2020 and reach USD 3.68 billion by 2028 while growing at a CAGR of 7% during the forecast period 2021-2028.
A significant increase in the use of food dehydrators is observed, especially in the hotel industry, where there is a vast amount of food wastage. The hotel industry, parties, etc., often let a lot of food go to waste. Still, several initiatives are being taken by the government and various organizations to curb this wastage by preserving the unconsumed food using dehydrators. These factors and the consumer awareness about reducing food wastage and the increase in demand for dry food have significantly driven the growth of the food dehydrators market. The ease of packaging and ease of use are some of the advantages of using food dehydrators that have propelled the adoption of this product.
Hamilton Beach Brands Holding Company Increases Dividend By 5%
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GLEN ALLEN, Va., May 19, 2021 /PRNewswire/ The Board of Directors of Hamilton Beach Brands Holding Company (NYSE: HBB) has approved a 5% increase in the Company s regular quarterly cash dividend, raising the quarterly amount from $0.095 per share to $0.10 per share.
The dividend is payable on both the Class A and Class B Common Stock and will be paid June 15, 2021 to stockholders of record at the close of business on June 1, 2021.
About Hamilton Beach Brands Holding Company
Hamilton Beach Brands Holding Company is a holding company for Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. The Company s consumer brands include Hamilton Beach
The
Smart Coffee Maker Market research report thoroughly explains each and every aspect related to the Global Smart Coffee Maker Market, which facilitates the report’s reader to study and evaluate the upcoming market trend and execute the analytical data to promote the business.
Smart Coffee Maker Market Insight:
Smart coffee maker market will expect to grow at a rate of 6.43% for the forecast period of 2021 to 2028. Smart coffee maker market report analyses the growth, which is currently being growing due to the increasing demand for automatic coffee brewing machines.
Avail Your Free Sample Copy of the Smart Coffee Maker Market Report (Including Full TOC, List of Tables & Figures, Chart)@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-smart-coffee-maker-market&utm source=manisha
Hamilton Beach Brands Holding Company Announces First Quarter 2021 Results
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Highlights
Revenue increased 23.5% to $149.2 million, driven by continued strong consumer demand for small kitchen appliances across the Company s core North American market
Operating profit increased to $5.3 million compared to $0.5 million
Net income from continuing operations increased to $2.9 million, or $0.21 per diluted share, compared to a net loss from continuing operations of $1.4 million, or $0.10 per diluted share
Strong consumer demand in the North American market is expected to continue
Hamilton Beach Brands Holding Company (NYSE: HBB) today announced results for the first quarter of 2021.
First Quarter 2021 Compared to First Quarter 2020