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.

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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.

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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' (SPB) Q2 results are hurt by lower first-half demand, inventory reduction and currency headwinds. However, pricing actions and cost-cutting efforts are upsides.

Spectrum Brands (SPB) Posts Narrower Q2 Loss, Misses on Sales

Spectrum Brands Holdings, Inc. (NYSE:SPB ) Q2 2023 Earnings Conference Call May 12, 2023 9:00 AM ET Company Participants David Maura - CEO Jeremy Smeltser - CFO Faisal Qadir - VP of Strategic Finance & Enterprise Reporting Conference Call Participants Peter Grom - UBS Bob Labick - CJS Securities Olivia Tong - Raymond James Chris Carey - Wells Fargo Securities Ian Zaffino - Oppenheimer & Co. Brian McNamara - Canaccord Genuity Steve Powers - Deutsche Bank Michael O'Brien - Wolfe Research Operator Good day, and thank you for standing by. Welcome to the Spectrum Brands Holdings, Inc. Second Quarter 2023 Earnings Conference Call.

Spectrum Brands Holdings, Inc. (SPB) Q2 2023 Earnings Call Transcript

Consumer products-maker Spectrum Brands Holdings, Inc. (NYSE:SPB) reported a fiscal second-quarter loss of $53.7 million, or $1.31 per share, on revenue of $729.2 million. However, the loss was better than analysts' expectations, while revenue fell short.

Spectrum Brands misses on fiscal 2Q revenue on weakness in Home and Garden segment

Spectrum Brands (SPB) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to earnings of $0.41 per share a year ago.

Spectrum Brands (SPB) Reports Q2 Loss, Lags Revenue Estimates

Spectrum Brands (NYSE: SPB ) reported results for its fiscal second quarter this morning. Spectrum Brands reported a loss per share of 14 cents.

SPB Stock Earnings: Spectrum Brands Misses EPS, Revenue Estimates

Spectrum Brands Holdings Inc. SPB, -0.32% posted a narrower-than-expected loss for its fiscal second quarter on Friday, but sales fell below consensus estimates. The Middleton, Wis.

Spectrum Brands posts narrower-than-expected loss but sales fall short due to weakness in home and garden segment

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 second quarter of fiscal 2023 ended April 2, 2023. "I am pleased to announce that with the settlement agreement with the DOJ, we have reached a critical milestone in the completion o.

Spectrum Brands Holdings Reports Fiscal 2023 Second Quarter Results

Spectrum Brands Holdings has done quite well for itself recently, with shares rising thanks to the regulatory picture facing the company clearing up. With only one more hurdle in the way, the company is on the path to sell one of its units for $4.3 billion.

Spectrum Brands Holdings: Latest Regulatory Green Light Is Bullish For Shareholders

Spectrum Brands (SPB) is likely to have seen high inventory, dismal demand and adverse currency impacts in Q2. The Global Productivity Improvement Plan bodes well.

Factors Likely to Affect Spectrum Brands' (SPB) Q2 Earnings

STOCKHOLM, May 6, 2023 /PRNewswire/ -- Today, ASSA ABLOY and the U.S. Department of Justice ("DOJ") have reached a settlement agreement related to ASSA ABLOY's acquisition of Spectrum Brands' Hardware and Home Improvement division ("HHI"). The settlement will put an end to the trial proceedings of the District Court for the District of Columbia.

ASSA ABLOY and the DOJ reach a settlement regarding the HHI acquisition

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 announced that it has agreed to a stipulation with the U.S. Department of Justice (the “DOJ”) to settle the DOJ's challenge of ASSA ABLOY's acquisition of the Company's Hardware and Home Improvement segment (“HHI”). As previously anno.

Spectrum Brands and the DOJ Reach a Settlement Regarding the HHI Acquisition

Spectrum (SPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Spectrum Brands (SPB) to Report a Decline in Earnings: What to Look Out for

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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, announced today it will release its fiscal 2023 second quarter financial results for the period ended April 2, 2023 before the markets open on Friday, May 12.

Spectrum Brands Holdings to Report Fiscal 2023 Second Quarter Financial Results and Hold Conference Call and Webcast on May 12, 2023

Spectrum (SPB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Spectrum (SPB) Stock Jumps 6.4%: Will It Continue to Soar?

Despite higher inventory and currency woes, Spectrum Brands (SPB) looks promising on cost-reduction efforts and gains from GPIP.

Spectrum Brands' (SPB) Strategic Efforts Aid Amid Currency Woes

Spectrum Brands had another tough revenue quarter, with ongoing retailer destocking driving nearly double-digit contraction in organic revenue, though corporate cost control was good. There may be a negotiated resolution on the way for the dispute between Spectrum, Assa Abloy and the U.S. government over SPB's sale of HHI to Assa Abloy.

Nothing Is Coming Easy For Spectrum Brands

Spectrum Brands Holdings, Inc. (NYSE:SPB ) Q1 2023 Earnings Conference Call February 10, 2023 9:00 AM ET Company Representatives David Maura - Chairman, Chief Executive Officer Jeremy Smeltser - Chief Financial Officer Faisal Qadir - Vice President of Strategic Finance and Enterprise Reporting Conference Call Participants Bob Labick - CJS Securities Peter Grom - UBS Ian Zaffino - Oppenheimer Chris Carey - Wells Fargo William Reuter - Bank of America Carla Casella - JP Morgan Operator Good day and thank you for standing by. Welcome to the First Quarter 2023 Spectrum Brands Holdings' Earnings Conference Call.

Spectrum Brands Holdings, Inc. (SPB) Q1 2023 Earnings Call Transcript

Spectrum (SPB) delivered earnings and revenue surprises of -128.57% and 7.92%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Spectrum Brands (SPB) Reports Q1 Loss, Misses Revenue Estimates

Spectrum Brands Holdings Inc. SPB, -2.15% reported Friday a wider than-expected fiscal first-quarter loss and cut its full-year sales growth outlook, citing lower consumer demand and continued heavy inventory levels at retail. The stock was still inactive in premarket trading.

Spectrum Brands reports wider-than-expected loss and cuts full-year outlook, amid lower demand

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 2023 ended January 1, 2023. "Our financial results for the quarter demonstrate our renewed focus on profitability, financial discipline and cost management.

Spectrum Brands Holdings Reports Fiscal 2023 First Quarter Results

Spectrum Brands (SPB) is likely to have seen inflationary pressures, supply-chain issues and adverse currency impacts in Q1. The Global Productivity Improvement Plan and segmental strength bode well.

Cost Inflation Likely to Ail Spectrum Brands' (SPB) Q1 Earnings

Earnings Preview: Spectrum Brands (SPB) Q1 Earnings Expected to Decline

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, announced today it will release its fiscal 2023 first quarter financial results for the period ended January 1, 2023 before the markets open on Friday, February 10.

Spectrum Brands Holdings to Report Fiscal 2023 First Quarter Financial Results and Hold Conference Call and Webcast on February 10, 2023

Despite inflation and supply-chain woes, Spectrum Brands (SPB) looks promising on robust demand, gains from GPIP, and strength in the Home & Personal Care segment. It is optimistic about fiscal 2023.

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