Spectrum Brands Hlds

Spectrum Brands Holdings, Inc. is a consumer products and home essentials company, which engages in the manufacturing and supply of residential locksets, residential builders’ hardware, plumbing, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn, garden and home pest control products, and personal insect repellents. The firm operates through the following segments: Home and Personal Care (HPC), Global Pet Care (GPC), and Home and Garden (H&G). The GPC segment focuses on the pet care business. The H&G segment is involved in the home and garden, cleaning products, and insect control business. The HPC segment includes the small kitchen and personal care appliances business. The company was founded in 1906 and is headquartered in Middleton, WI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Spectrum Brands focuses on margin improvement and strategic transformation

Spectrum Brands Holdings is navigating a challenging operating environment with a focus on cost management, margin improvement, and strategic transformation. Despite facing headwinds in certain segments, the company remains confident in its ability to drive EBITDA growth and strengthen its financial position through deleveraging and operational efficiencies.

Spectrum Brands to Focus on Pet Care Growth Amid Sales Declines

Spectrum Brands navigates challenges in Home & Garden and Home & Personal Care while focusing on growth in Global Pet Care. Strategic clarity post-settlement positions the company for a debt-free future with a focus on core segments.

Spectrum Brands Hlds (SPB) reports debt-free status and EBITDA growth

Spectrum Brands Hlds (SPB) navigated challenges with a strong financial position, focusing on debt reduction, shareholder returns, and operational enhancements.
Despite sales declines in key segments, the company's EBITDA margin improvement and strategic initiatives signal a resilient approach to driving long-term growth.
Opportunities in market recovery, global expansion, and operational efficiency underscore a forward-looking strategy for sustainable performance and shareholder value.
Balancing short-term challenges with long-term opportunities, Spectrum Brands Hlds (SPB) aims to optimize performance, strengthen its balance sheet, and drive growth.

Spectrum Brands closes HHI deal, eyes stability and growth

Spectrum Brands Holdings navigated challenges in fiscal '23, closed a significant deal, and reduced inventory while focusing on growth strategies for fiscal '24. The company aims for stability, investing in brands and people to drive business growth and efficiency.
Despite a decline in net sales, Spectrum Brands demonstrated strengths in key business segments, including Global Pet Care and Home & Garden, through effective pricing actions and marketing investments. Challenges include soft consumer demand and uncertainties in predicting market behavior.
Opportunities for Spectrum Brands include strategic investments in brands, marketing, and e-commerce partnerships to expand market reach and drive sales growth. The company's commitment to rebuilding earnings power and margin structures positions it for future profitability and growth.

Spectrum Brands reports Q1 growth, plans divestiture for profitability

Spectrum Brands Holdings delivered a solid performance in Q1 2024, with net sales meeting expectations and significant growth in adjusted EBITDA driven by margin improvements. The company's strategic focus on profitability, operational efficiency, and investing in key segments positions it for future growth.
Despite challenges in certain segments and macroeconomic headwinds, Spectrum Brands remains committed to returning cash to shareholders, reducing debt leverage, and enhancing valuation through divestitures and strategic investments.

Spectrum Brands reports growth in EBITDA, plans HPC separation

Spectrum Brands Holdings showcased improved financial performance, strong balance sheet strength, and strategic initiatives to drive growth and efficiency.
While facing challenges from cautious consumer trends and the HPC separation, the company aims to capitalize on opportunities through focused investments and operational enhancements.
With a commitment to optimizing capital structure, maintaining margins, and generating free cash flow, Spectrum Brands is poised to navigate challenges and pursue sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Spectrum Brands Holdings, Inc. engages in the manufacture and supply of consumer products and home essentials. The firm operates through the following segments: Home and Personal Care (HPC), Global Pet Care (GPC), and Home and Garden (H&G). The GPC segment focuses on the pet care business. The H&G segment is involved in the home and garden, cleaning products, and insect control business. The HPC segment includes the small kitchen and personal care appliances business. The company was founded in 1906 and is headquartered in Middleton, WI.

Spectrum Brands Holdings, Inc. (SPB) Q1 2024 Earnings Call Transcript

The headline numbers for Spectrum (SPB) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Spectrum (SPB) Q1 Earnings

Spectrum Brands (SPB) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to loss of $0.32 per share a year ago.

Spectrum Brands (SPB) Q1 Earnings and Revenues Top Estimates

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, today reported results from continuing operations for the first quarter of fiscal 2024 ended December 31, 2023. “The first quarter of fiscal 24 is an indication that the investments we are making in our people are paying off. Our operations.

Spectrum Brands Holdings Reports Fiscal 2024 First Quarter Results

Beyond analysts' top -and-bottom-line estimates for Spectrum (SPB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Insights Into Spectrum (SPB) Q1: Wall Street Projections for Key Metrics

Spectrum Brands' (SPB) Q1 results are expected to gain from pricing, cost improvements and a favorable mix. Slower category POS and retailers' focus on inventory reduction are likely to have hurt.

Here's How Spectrum Brands (SPB) Looks Ahead of Q1 Earnings

InterDigital

Twilio

Within the big world of telecommunications, different players make this sector come alive. Many offer their services directly, but other players are in charge of the infrastructure or perhaps the development of the network itself.

3 Once-in-a-Lifetime Next-Gen Telecom Stocks With Unprecedented Surge Potential

Spectrum Brands (SPB) is on track with its Global Productivity Improvement Plan focused on improving its operating efficiency and effectiveness. Its four core pillars are set to drive growth.

Pricing Initiatives, Growth Plans to Aid Spectrum Brands (SPB)

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands”), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today it will release its fiscal 2024 first quarter financial results for the period ended December 31, 2023 before the markets open on Thursday, February 8. Spectrum Brands will conduct a live conference call and live webcast on February 8, 2024.

Spectrum Brands Holdings to Report Fiscal 2024 First Quarter Financial Results and Hold Conference Call and Webcast on February 8, 2024

Royal Philips

TC Energy

TRP, PHG and SPB made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 17, 2024.

Best Income Stocks to Buy for January 17th

Citi Trends

Howard Hughes Holdings Inc

Madrigal Pharmaceuticals

Mercury Systems

Impinj

STAAR Surgical

Some of the biggest insider purchases around and since the Thanksgiving holiday have come from repeat buyers.

See Which Inside Buyers Are Scooping Up More Shares Now

Spectrum Brands (SPB) looks poised for the long-term on promising growth initiatives and efficient cost management amid a tough macro environment.

Growth Initiatives to Aid Spectrum Brands (SPB): Stock to Gain

Calavo Growers

Planet Green Holdings Corp

Upexi Inc

22nd Century Group

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Top 5 Risk Off Stocks Which Could Rescue Your Portfolio This Month - Planet Green Holdings (AMEX:PLAG), Calavo Growers (NASDAQ:CVGW)

Despite lower demand and unfavorable weather, Spectrum Brands' (SPB) Q4 results gain from pricing actions and cost-cutting efforts.

Spectrum Brands (SPB) Q4 Earnings Top Estimates, Sales Lag

The heavy selling pressure might have exhausted for Spectrum (SPB) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Here's Why Spectrum (SPB) is Poised for a Turnaround After Losing -10.76% in 4 Weeks

Spectrum Brands Holdings, Inc. (NYSE:SPB ) Q4 2023 Earnings Conference Call November 17, 2023 9:00 AM ET Company Participants Faisal Qadir - Vice President, Strategic Finance and Enterprise Reporting David Maura - Executive Chairman and Chief Executive Officer Jeremy Smeltser - Executive Vice President and Chief Financial Officer Conference Call Participants Nik Modi - RBC Capital Markets Robert Labick - CJS Securities Brian McNamara - Canaccord Genuity Chris Carey - Wells Fargo Securities Peter Grom - UBS Ian Zaffino - Oppenheimer Olivia Tong - Raymond James Operator Good day and thank you for standing by. Welcome to the Fourth Quarter 2023 Spectrum Brands Holdings, Inc. Earnings conference Call.

Spectrum Brands Holdings, Inc. (SPB) Q4 2023 Earnings Call Transcript

The headline numbers for Spectrum (SPB) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Spectrum (SPB) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Spectrum Brands (SPB) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $0.48 per share a year ago.

Spectrum Brands (SPB) Tops Q4 Earnings Estimates

Spectrum Brands Holdings Inc warned it expects the economic environment to deteriorate as it reported a drop in sales in the financial fourth quarter.  The Middleton, Wisconsin-based company said net sales fell 1.2% to $740.7 million in the quarter ended September 30 compared to a year ago, driven by lower consumer demand for kitchen appliances and the negative impact of exiting several non-strategic categories in the GPC business.

Spectrum Brands sales fall amid weak demand for kitchen appliances

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, today reported results from continuing operations for the fourth quarter ended September 30, 2023. “We have concluded a pivotal year for the business as we close out our fourth quarter. We have already paid down $1.6 billion of our outstand.

Spectrum Brands Holdings Reports Fiscal 2023 Fourth Quarter

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Spectrum (SPB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2023.

Unlocking Q4 Potential of Spectrum (SPB): Exploring Wall Street Estimates for Key Metrics

Spectrum Brands' (SPB) Q4 results are expected to reflect gains from increased pricing, cost improvements and a favorable mix, offset by softness in the Home & Garden business.

Pricing Initiatives to Aid Spectrum Brands (SPB) in Q4 Earnings

Spectrum Brands (SPB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Spectrum Brands (SPB) Might Surprise This Earnings Season

Spectrum (SPB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Spectrum Brands (SPB) Reports Next Week: Wall Street Expects Earnings Growth

Lifetime Brands

Investors looking for stocks in the Consumer Products - Discretionary sector might want to consider either Lifetime Brands (LCUT) or Spectrum Brands (SPB). But which of these two companies is the best option for those looking for undervalued stocks?

News for Spectrum Brands Hlds Stock (SPB)