Welcome to our dedicated page for Spectrum Brands news (Ticker: SPB), a resource for investors and traders seeking the latest updates and insights on Spectrum Brands stock.
Spectrum Brands Holdings, Inc. (NYSE: SPB) regularly issues news and updates as a global branded consumer products and home essentials company. Its releases focus on performance in its Global Pet Care (GPC), Home & Garden (H&G), and Home & Personal Care (HPC) businesses, as well as developments affecting its portfolio of brands such as Tetra®, Nature’s Miracle®, Spectracide®, Cutter®, Repel®, Remington®, George Foreman®, Russell Hobbs®, BLACK + DECKER®, PowerXL®, Emeril Lagasse®, and Copper Chef®.
Investors following SPB news will see quarterly earnings announcements that detail net sales, organic net sales, segment performance, gross profit, operating income, net income from continuing operations and non‑GAAP metrics such as adjusted EBITDA, adjusted EBITDA margin, adjusted EPS and adjusted free cash flow. These updates often explain how factors like tariffs, consumer demand, retailer inventory patterns, foreign exchange and weather conditions influence results across GPC, H&G and HPC.
The company’s news flow also includes dividend declarations on its common stock, information about share repurchase activity, and notices regarding upcoming earnings conference calls and webcasts. Management commentary in these releases provides context on strategic priorities such as supply chain diversification, tariff mitigation, cost improvement initiatives and potential mergers and acquisitions, particularly in pet-related categories.
By monitoring Spectrum Brands news, readers can track trends in specialty pet supplies, lawn and garden and home pest control products, personal insect repellents, shaving and grooming products, personal care products, and small household appliances. The news stream offers insight into how the company manages its global portfolio of home-essentials brands and responds to macroeconomic, trade and category-specific dynamics. For ongoing perspective on SPB, this page aggregates the company’s latest press releases and related announcements in one place.
Spectrum Brands Holdings (NYSE: SPB) has declared a quarterly dividend of $0.47 per share on its Common Stock. The dividend will be paid on June 17, 2025, to shareholders of record as of May 27, 2025.
Spectrum Brands is a home-essentials company that provides innovative consumer products through well-known brands. The company is a leading supplier in various categories including specialty pet supplies, lawn and garden products, home pest control, personal care items, and small household appliances. Their portfolio includes popular brands such as Tetra, DreamBone, Spectracide, Remington, George Foreman, and BLACK + DECKER.
Spectrum Brands Holdings (NYSE: SPB) has announced it will release its fiscal 2025 second quarter financial results for the period ended March 30, 2025, before markets open on Thursday, May 8, 2025.
The company will host a live conference call and webcast at 9:00 a.m. Eastern Time on the same day, featuring Executive Chairman and CEO David Maura and CFO Jeremy Smeltser. The presentation will be accessible through the Event Calendar page in the Investor Relations section of Spectrum Brands' website.
Spectrum Brands is a home-essentials company offering specialty pet supplies, lawn and garden products, pest control solutions, personal care items, and small household appliances under popular brands including Tetra, DreamBone, Spectracide, Remington, George Foreman, and BLACK + DECKER.
Spectrum Brands Holdings (NYSE: SPB) reported fiscal 2025 first quarter results with net sales increasing 1.2% to $700.2 million and organic sales growth of 1.9%. The company reported net income from continuing operations of $24.6 million, up 40.6% year-over-year, while adjusted EBITDA was $77.8 million.
Key financial highlights include gross profit margin improvement of 140 basis points to 36.8%, and diluted earnings per share from continuing operations increasing 70.6% to $0.87. The company repurchased 0.8 million shares for $72.9 million in Q1, bringing total share repurchases since HHI closure to 15.3 million shares worth $1.2 billion.
Segment performance varied with Home & Garden showing strong growth of 27.9%, Home & Personal Care up 1.4%, while Global Pet Care declined 6.1%. The company maintains its fiscal 2025 outlook, expecting low single-digit net sales growth and mid to high single-digits adjusted EBITDA growth, targeting ~50% conversion of adjusted EBITDA to adjusted free cash flow.
Spectrum Brands Holdings (NYSE: SPB) has declared a quarterly dividend of $0.47 per share on its Common Stock. The dividend will be paid on March 11, 2025, to shareholders of record as of February 18, 2025.
Spectrum Brands is a home-essentials company focused on delivering innovative products for home use through trusted brands. The company is a leading supplier of specialty pet supplies, lawn and garden products, home pest control, personal care items, and small household appliances. Their portfolio includes well-known brands such as Tetra, DreamBone, Nature's Miracle, Spectracide, Remington, George Foreman, and BLACK + DECKER.
Spectrum Brands Holdings (NYSE: SPB) has announced it will release its fiscal 2025 first quarter financial results for the period ended December 29, 2024, before markets open on February 6, 2025. The company will host a live conference call and webcast at 9:00 a.m. Eastern Time, led by Executive Chairman and CEO David Maura and CFO Jeremy Smeltser.
The presentation slides and webcast will be available through the Event Calendar page in the Investor Relations section of Spectrum Brands' website. A replay of the broadcast will be accessible afterward through the same platform.
Spectrum Brands is a home-essentials company that supplies specialty pet supplies, lawn and garden products, pest control items, personal care products, and small household appliances under various trusted brands including Tetra, DreamBone, Spectracide, Remington, and BLACK + DECKER.
Spectrum Brands Holdings (NYSE: SPB) reported strong fiscal 2024 fourth quarter results with net sales increasing 4.5% to $773.7 million and organic net sales growing 4.8%. The company achieved net income of $12.8 million and Adjusted EBITDA of $68.9 million, despite $25.9 million in incremental brand investments. For the full year, net sales grew 1.5% with Adjusted EBITDA of $371.8 million. The company returned $482.7 million to shareholders through share repurchases and increased its quarterly dividend by 12% to $0.47. Looking ahead to fiscal 2025, SPB expects low single-digit net sales growth and mid to high single-digit Adjusted EBITDA growth.
Spectrum Brands Holdings (NYSE: SPB) announced a 12% increase in its quarterly dividend, raising it to $0.47 per share on Common Stock. The new dividend rate represents an annualized dividend yield of 2% based on the current stock price. The dividend will be payable on December 17, 2024, to shareholders of record as of November 26, 2024. Spectrum Brands is a home-essentials company that supplies specialty pet supplies, lawn and garden products, pest control items, personal care products, and small household appliances under various well-known brands.
Spectrum Brands Holdings (NYSE: SPB) has announced it will release its fiscal 2024 fourth quarter financial results on November 15, 2024, before markets open. The company will host a live conference call and webcast at 9:00 a.m. Eastern Time, led by CEO David Maura and CFO Jeremy Smeltser. The presentation will be accessible through the company's website investor relations section, with a replay available afterward.
Spectrum Brands Holdings reported a 6.0% increase in net sales for Q3 FY2024, driven by favorable weather and improved inventory health in the Home & Garden business. Net income from continuing operations reached $19.1 million, with adjusted EBITDA at $106.3 million. Excluding investment income, adjusted EBITDA was $93.6 million. The company improved its capital structure by repaying $1.174 billion in senior unsecured bonds and issuing $350 million in new bonds with a 3.375% coupon.
Key highlights:
- Gross profit increased to $302.8 million, a 14.9% rise.
- Gross profit margin improved by 310 basis points to 38.9%.
- Adjusted EBITDA margins excluding investment income were 12.0%.
- $500 million share repurchase authorization approved; 1.6 million shares repurchased for $142 million in Q3.
For FY2024, Spectrum Brands expects net sales to remain flat but anticipates a 20% growth in adjusted EBITDA, excluding investment income. E-commerce sales grew over 20%, now representing more than 21% of quarterly sales. The company is also pursuing a sale, merger, or spin-off of its Home and Personal Care segment.
Spectrum Brands Holdings (NYSE: SPB) has declared a quarterly dividend of $0.42 per share on its Common Stock. The dividend is payable on September 24, 2024 to shareholders of record as of August 27, 2024. Spectrum Brands is a home-essentials company focusing on delivering innovative products and solutions for use in and around the home through trusted brands. The company is a leading supplier of specialty pet supplies, lawn and garden products, home pest control products, personal care items, and small household appliances. Its portfolio includes well-known brands such as Tetra, DreamBone, Spectracide, Remington, and BLACK + DECKER.
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