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.

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.

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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 Holdings, Inc. (SPB) CEO David Maura on Q4 2021 Results - Earnings Call Transcript

Spectrum Brands Holdings Inc (NYSE: SPB) reported fourth-quarter FY21 sales growth of 2.8% year-on-year, to $757.8 million. Combined Q4 Net sales, including HHI, totaled $1.156 billion.

Spectrum Brands Reports Q4 Results, Warns On Inflationary Pressures

Spectrum Brands Holdings Inc. SPB, -0.20% reported Friday fiscal fourth-quarter profit and sales including HHI results that topped expectations, despite challenges resulting from ongoing COVID-19 pandemic-related supply chain disruptions. Shares of the household products company, which brands include Remington, George Foreman, SmartBones and Black Flag, were still inactive in premarket trading.

Spectrum Brands results including HHI top profit and revenue expectations

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 and full year of fiscal 2021 ended September 30, 2021. “We again delivered top- and bottom-line growth this quarter. Excluding the impact of foreign exchange and acqui

Spectrum Brands Holdings Reports Fiscal 2021 Fourth Quarter and Full Year Results

Spectrum Brands Holdings (NYSE:SPB) is set to give its latest quarterly earnings report on Friday, 2021-11-12. Here's what investors need to know before the announcement.

A Preview Of Spectrum Brands Holdings's Earnings

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Spectrum Brands (SPB) is likely to have witnessed inflationary pressures from hiked transportation and commodity costs in Q4. Progress on Global Productivity Improvement Plan is likely to have aided.

Things to Note Ahead of Spectrum Brands' (SPB) Q4 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 2021 fourth quarter financial results for the period ended September 30, 2021 before the markets open on Friday, November 12. Spectrum Brands will conduct a live conference call and live webcast on

Spectrum Brands Holdings to Report Fiscal 2021 Fourth Quarter Financial Results and Hold Conference Call and Webcast on November 12, 2021

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Spectrum Brands (SPB) agrees to sell off its HHI segment to effectively focus on its three core profitable units and strengthen its balance sheet.

Spectrum Brands (SPB) to Divest HHI to Focus on Core Units

The stock price of Spectrum Brands Holdings Inc (NYSE: SPB) increased 17.79% today. This is why it happened.

SPB Stock: Why It Increased Today

The company announced a major deal to clean up its balance sheet.

Why Spectrum Brands Stock Was Up Today

Spectrum Brands Holdings Inc (NYSE:SPB) has agreed to sell its Hardware & Home Improvement (HHI) segment to ASSA ABLOY (OTC:ASAZY), a Swedish conglomerate, for $4.3 billion in cash. HHI division provides security, plumbing, and builders' hardware products to the North American residential segment.

Spectrum Brands To Sell Hardware & Home Improvement Segment For $4.3B

On Wednesday, Spectrum Brands Holdings Inc. (NYSE:SPB) shares soared more than 18% after announcing it is selling its hardware and home improvement business segment. The company is selling the unit to ASSA ABLOY for $4.3 billion in cash, which is equivalent to 14X the segment's full-year 2021 adjusted EBITDA.

Should you invest in Spectrum Brands as it sells hardware and home improvement unit?

(Reuters) -U.S. lock maker Spectrum Brands Holdings Inc said on Wednesday it would sell its hardware and home improvement division to Swedish rival Assa Abloy for $4.3 billion in cash.

Spectrum Brands to sell home-improvement unit to Assa Abloy in $4.3 billion deal

STOCKHOLM, Sept. 8, 2021 /PRNewswire/ -- ASSA ABLOY has signed a definitive agreement to acquire the Hardware and Home Improvement ("HHI") division of Spectrum Brands (NYSE:SPB) for a purchase price of MUSD 4,300 on a cash and debt free basis.

ASSA ABLOY to acquire Hardware and Home Improvement ("HHI") division of Spectrum Brands

Shares of Spectrum Brands Holdings Inc. SPB, +17.07% rose 0.6% in midday trading Wednesday, after the branded consumer brands company announced an agreement to sell its hardware and home improvement (HHI) business for $4.3 billion in cash to Sweden-based ASSA ABLOY. Spectrum Brands expects receive net proceeds of $3.5 billion from the deal, which it plans to use to repay debt.

Spectrum Brands to sell HHI business for $4.3 billion

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Announces Definitive Agreement to Sell Hardware & Home Improvement Segment for $4.3 Billion in Cash

Spectrum Brands Announces Definitive Agreement to Sell Hardware & Home Improvement Segment for $4.3 Billion in Cash

Despite cost woes, Spectrum Brands (SPB) looks promising on the back of robust demand, gains from GPIP and strength in the pet segment. It also remains optimistic about fiscal 2021.

Strength in Pet Unit & GPIP to Fuel Spectrum Brands (SPB)

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings to Present at Barclays Global Consumer Staples Conference on September 9

Spectrum Brands Holdings to Present at Barclays Global Consumer Staples Conference on September 9

Despite higher costs and inflation, Spectrum Brands' (SPB) Q3 results gained from increased investments in product launches and gains from Global Productivity Improvement Program.

Spectrum Brands (SPB) Q3 Earnings Lag Estimates, Sales Beat

Spectrum Brands Holdings, Inc. (SPB) CEO David Maura on Q3 2021 Results - Earnings Call Transcript

Spectrum Brands Holdings Inc (NYSE: SPB) reported third-quarter FY21 sales growth of 18.1% year-on-year, to $1.163 billion, missing the analyst consensus of $1.18 billion. Organic net sales increased 12.0%.

Spectrum Brands Q3 Sales Misses Consensus, Backs FY21 Outlook

Spectrum (SPB) delivered earnings and revenue surprises of -1.26% and 2.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Spectrum Brands Hlds Stock (SPB)