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 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

Earnings data Q1 2025

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.

Spectrum Brands exceeds Q4 expectations, eyes growth amidst challenges

Spectrum Brands' Q4 2024 performance reflects financial resilience and strategic focus on growth. Despite challenges in certain segments, the company is well-positioned for future opportunities through investments in innovation and brand building. Shareholders can expect continued value through dividend increases and potential business realignment.

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 (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.

Spectrum Brands (SPB) Earnings Expected to Grow: Should You Buy?

Spectrum Brands is currently in the process of selling its Hardware & Home Improvement segment but is experiencing pressure from the DOJ. Spectrum has internally carved out its Home & Personal Care segment and is looking to pursue a spin or sale of the segment.

Spectrum Brands: Probability Analysis Shows Market Is Already Pricing Worst Case Scenario

Spectrum Brands Holdings to Report Fiscal 2022 Fourth Quarter Financial Results and Hold Conference Call and Webcast on November 18, 2022

Spectrum Brands shares have fallen nearly 60% year-to-date as the $4.3 billion sale of its hardware & home improvement business is being challenged by the DOJ. Meanwhile, Spectrum's pet care and home & gardening businesses have been challenged by both lower demand and higher input costs.

Spectrum Brands: $7/Share In FCF Without HHI Sale

STOCKHOLM , Oct. 17, 2022 /PRNewswire/ -- Today, ASSA ABLOY formally filed its response to the U.S. Department of Justice´s ("DOJ") complaint to block the proposed acquisition of the Hardware and Home Improvement division ("HHI") of Spectrum Brands. On September 8, 2021, ASSA ABLOY announced it had signed an agreement to acquire the HHI division of Spectrum Brands (NYSE:SPB) for a purchase price of MUSD 4,300 on a cash and debt free basis.

ASSA ABLOY formally responds to the DOJ's complaint to block the acquisition of the Hardware and Home Improvement division

Spectrum Brands Files Answer to the DOJ's Complaint to Block the Sale of its Hardware and Home Improvement Division to ASSA ABLOY

STOCKHOLM , Sept. 15, 2022 /PRNewswire/ -- The U.S. Department of Justice ("DOJ") has announced that it will seek to block ASSA ABLOY´s proposed acquisition of the HHI division of Spectrum Brands.

ASSA ABLOY statement on the U.S. Department of Justice´s opposition to the acquisition of the Hardware and Home Improvement ("HHI") division of Spectrum Brands

Assa Abloy AB

Shares of Spectrum Brands Holdings Inc. SPB, -8.93% dove 8.6% in morning trading Thursday toward a two-year low, after the U.S. Department of Justice sued to block the branded consumer products company's sale of its hardware and home improvement (HHI) business to Sweden-based Assa Abloy AB ASAZY, +2.56% ASSA.B, +2.43% amid competition concerns. Spectrum responded by saying the DOJ's opposition of the sale was "baseless," and "ignores the realities" of the residential security marketplace, which has "many capable and vigorous competitors" and easy entry by new firms.

Spectrum Brands stock dives after DOJ sues to block HHI sale to Assa Abloy

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 will vigorously oppose the U.S. Department of Justice's (“DOJ”) baseless attempt to block the Company's sale of its Hardware and Home Improvement (“HHI”) business to ASSA ABLOY. Spectrum Brands and ASSA ABLOY are com

Spectrum Brands' Statement on the U.S. Department of Justice's Opposition to the Sale of its Hardware and Home Improvement Division to ASSA ABLOY

Spectrum Brands has 2 hard catalysts in process to unlock value. 1 - SPB is in the process of selling their Hardware & Home Improvement business for a 14x FY21 Adjusted EBITDA. That's a rich price. The transaction will create value.

Spectrum Brands Holdings: 2 Hard Catalysts In Process To Unlock Value

Spectrum Brands Holdings, Inc. (NYSE:SPB ) Q3 2022 Earnings Conference Call August 11, 2022 9:00 AM ET Company Participants Randal Lewis - EVP & COO Faisal Qadir - VP, Strategic Finance and Enterprise Reporting David Maura - Executive Chairman & CEO Jeremy Smeltser - EVP & CFO Conference Call Participants Olivia Cheang - Raymond James & Associates Ian Zaffino - Oppenheimer Peter Grom - UBS Christopher Carey - Wells Fargo Securities William Reuter - Bank of America Merrill Lynch Robert Labick - CJS Securities Operator Good day and thank you for standing by. Welcome to the Spectrum Brands Fiscal Third Quarter 2022 Earnings Conference Call.

Spectrum Brands Holdings, Inc. (SPB) CEO David Maura on Q3 2022 Results - Earnings Call Transcript

Spectrum Brands' (SPB) Q3 sales are hurt by reduced foot traffic, adverse weather and inflationary pressure.

Spectrum Brands (SPB) Misses Q3 Earnings and Sales Estimates

Spectrum (SPB) delivered earnings and revenue surprises of -64% and 10.90%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Spectrum Brands (SPB) Q3 Earnings and Revenues Lag Estimates

Spectrum Brands Holdings Inc. SPB, +1.16% reported Friday fiscal third-quarter profit and sales that were well below expectations, after the home-essentials company, which brands including George Foreman, Tetra, Remington and OmegaOne, amid "rapidly changing consumer behavior" and lower traffic in home center channels. Net income rose to $32.7 million, or 80 cents a share, from $30.7 million, or 72 cents a share, in the year ago period.

Spectrum Brands reports big profit and sales miss, amid 'negative demand shocks' and bad weather

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 third quarter of fiscal 2022 ended July 3, 2022. "On the strategic side, we continue to execute on our objective to close the $4.3 billion sale of our HHI business to ASSA ABLOY as b

Spectrum Brands Holdings Reports Fiscal 2022 Third Quarter Results

Even over the last month, when the general market rallied, SPB shares still witnessed poor price action.

Spectrum Brands Q3 Preview: Can Shares Find New Life?

Superior Plus Corp. (OTCPK:SUUIF) Q2 2022 Earnings Conference Call August 10, 2022 10:30 AM ET Company Participants Rob Dorran - Vice President, Capital Markets Luc Desjardins - President and Chief Executive Officer Beth Summers - Executive Vice President and Chief Financial Officer Conference Call Participants Nelson Ng - RBC Capital Markets Chi Le - Desjardins Joel Jackson - BMO Capital Markets Ben Isaacson - Scotiabank Robert Catellier - CIBC Patrick Kenny - NBF Matthew Weekes - iA Capital Markets Steve Hansen - Raymond James Daryl Young - TD Securities Operator Good day and welcome to the Superior Plus 2022 Second Quarter Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

Superior Plus Corp. (SUUIF) CEO Luc Desjardins on Q2 2022 Results - Earnings Call Transcript

Spectrum Brands (SPB) is likely to have seen inflationary pressures, supply-chain issues and adverse currency impacts in Q3. The Global Productivity Improvement Plan and segment strength are upsides.

Things to Know Ahead of Spectrum Brands' (SPB) Q3 Earnings

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 2022 third quarter financial results for the period ended July 3, 2022 before the markets open on Friday, August 12. Spectrum Brands will conduct a live conference call and live webcast on August 1

Spectrum Brands Holdings to Report Fiscal 2022 Third Quarter Financial Results and Hold Conference Call and Webcast on August 12, 2022

STOCKHOLM , July 15, 2022 /PRNewswire/ -- On December 2, 2021, it was communicated that the acquisition of HHI is expected to close during 2022. The US regulator continues to review the proposed acquisition of HHI and ASSA ABLOY is working to resolve its potential concerns.

Update on timing of ASSA ABLOY´s acquisition of the Hardware and Home Improvement ("HHI") division of Spectrum Brands

Wilmington, Delaware--(Newsfile Corp. - June 30, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Spectrum Brands Holdings, Inc. (NYSE: SPB) on behalf of stockholders.To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-spectrum-brands-holdings-inc.To contact Seth D. Rigrodsky or Gina M. Serra cost free, call or text (302) 295-5310 or email info@rl-legal.com.Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars...

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Spectrum Brands Holdings, Inc.

Spectrum Brands' (SPB) Q2 sales gain from strength across segments and robust price realization, while dismal margins, owing to cost inflation and supply-chain headwinds, hurt earnings.

Spectrum Brands (SPB) Q2 Earnings and Sales Top Estimates

Philadelphia, Pennsylvania--(Newsfile Corp. - May 9, 2022) - Spectrum Brands Holdings, Inc. (NYSE: SPB) has agreed to settle a securities class action for $36 million. Grabar Law Office is investigating potential claims against the Company's officers and directors.Current Spectrum Brands shareholders who have held shares of Spectrum Brands stock since at least January 26, 2017, can seek corporate reforms, the return of funds back to company coffers and potentially a court approved incentive award...

Grabar Law Office Investigates Potential Claims Against Officers and Directors of Spectrum Brands Holdings, Inc. After It Agrees to Settle Shareholder Action for $36,000,000

Spectrum Brands Holdings, Inc. (NYSE:SPB ) Q2 2022 Earnings Conference Call May 6, 2022 9:00 AM ET Company Participants David Maura - Chairman and CEO Jeremy Smeltser - CFO Randy Lewis - COO Conference Call Participants Bob Larrick - CJS Securities Steve Powers - Deutsche Bank Peter Grom - UBS Chris Carey - Wells Fargo Nick Zaffino - Oppenheimer Carla Casella - JPMorgan Operator Good day, and thank you for standing by. Welcome to the Q2 2022 Spectrum Brands Holdings, Inc. Earnings Conference Call.

Spectrum Brands Holdings, Inc. (SPB) CEO David Maura on Q2 2022 Results - Earnings Call Transcript

Spectrum (SPB) delivered earnings and revenue surprises of 2.50% and 3.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Spectrum Brands Hlds Stock (SPB)