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 (SPB) is a global leader in consumer essentials spanning home, personal care, and pet care products. This page serves as the definitive source for official company announcements, financial updates, and market developments.
Investors and industry professionals will find timely updates on quarterly earnings, product innovations, strategic partnerships, and corporate governance matters. Our curated collection ensures access to both regulatory filings and analysis-ready news summaries.
Key focus areas include developments in Home & Personal Care appliances, Global Pet Care innovations, and Home & Garden solutions. Content spans operational milestones, sustainability initiatives, and leadership updates impacting SPB's market position.
Bookmark this page for streamlined tracking of Spectrum Brands' performance across its diversified portfolio. Check regularly for verified updates from corporate communications and authorized financial reporting sources.
Spectrum Brands reported fourth quarter net sales from continuing operations of $757.8 million, showing a 2.8% increase year-over-year. Net income from continuing operations reached $6.1 million, with diluted EPS at $0.14. For the full year, net sales totaled $2.998 billion, demonstrating robust growth despite challenges. Adjusted EBITDA from continuing operations was $79.1 million for the quarter, with a full-year figure of $391.8 million. Looking forward, the company anticipates mid to high single-digit net sales growth for fiscal 2022, alongside low single-digit adjusted EBITDA growth amid inflationary pressures.
Spectrum Brands Holdings (NYSE: SPB) declared a quarterly dividend of
Spectrum Brands Holdings (NYSE: SPB) will release its fiscal 2021 fourth quarter financial results on November 12, 2021. The results cover the period ending September 30, 2021, and will be announced before the market opens. A live conference call will be held on the same day at 9:00 a.m. ET, hosted by senior executives including David Maura, Executive Chairman and CEO. The call can be accessed by U.S. participants at 877-604-7329. A webcast will also be available on the company's website.
Spectrum Brands has announced a definitive agreement to sell its Hardware & Home Improvement (HHI) segment to ASSA ABLOY for $4.3 billion, equating to over 14x FY21 Adjusted EBITDA. This strategic shift aims to streamline Spectrum Brands into three focused categories: Global Pet Care, Home & Garden, and Home and Personal Care. The sale will reduce gross leverage to approximately 2.5x and allow for significant reinvestment into growth, acquisitions, and shareholder returns, while maintaining a quarterly dividend of $0.42 per share.
MIDDLETON, Wis. – Spectrum Brands Holdings (NYSE: SPB) announced its participation in the Barclays Global Consumer Staples Conference on September 9. The presentation will be delivered by CFO Jeremy Smeltser at 2:40 p.m. ET. A live webcast will be available on the company’s website, and a replay will follow. Spectrum Brands is a leading global consumer products company, providing a wide range of innovative home essentials. In FY 2020, the company generated approximately $4.0 billion in net sales.
Spectrum Brands (SPB) reported an 18.1% increase in Q3 sales, totaling $1.162 billion, with strong growth across all business units, particularly in Hardware and Home Improvement (HHI), which saw a 48.8% rise.
Net income from continuing operations decreased to $34.9 million due to previous year gains. Adjusted EBITDA rose 1.8% to $167.4 million, while adjusted EPS improved 15.4% to $1.57 despite inflationary pressures. The company expects mid-teens net sales and adjusted EBITDA growth for 2021, with adjusted free cash flow projected at $260-$280 million.
Spectrum Brands Holdings (NYSE: SPB) announced a quarterly dividend of $0.42 per share on its common stock. This dividend will be payable on September 28, 2021, to shareholders of record as of the close of business on August 31, 2021. The company, known for its diverse portfolio of essential home products, reported fiscal 2020 net sales of approximately $4.0 billion.
Spectrum Brands Holdings, Inc. (NYSE: SPB) will release its fiscal 2021 third quarter financial results on August 6 before the market opens. The results will cover the period ended July 4, 2021. Following the release, a live conference call will be hosted by the Executive Chairman and CEO, David Maura, along with other executives at 9:00 a.m. ET. Participants can access the call via phone or webcast. Spectrum Brands is a leading global consumer products company with around $4 billion in net sales for fiscal 2020, focusing on home essentials and innovative solutions.
Spectrum Brands (NYSE: SPB) announced its participation in the RBC Capital Markets Global Consumer and Retail Conference on June 2. The presentation, led by Executive Chairman David Maura and CFO Jeremy Smeltser, will start at 10:40 a.m. ET. Investors can access a live webcast on Spectrum Brands' website, with a replay available afterward. The company focuses on innovative consumer products across various categories, including home essentials and personal care. In fiscal 2020, Spectrum Brands generated net sales of approximately $4.0 billion.
Recent CDC research reveals that Lyme disease cases in the U.S. are more frequent than previously estimated, emphasizing the urgency for public education about tick risks. Over the past two decades, reported Lyme disease cases have tripled, with certain tick populations expanding geographically. As tick activity peaks in spring and fall, Spectrum Brands Home & Garden, through its Cutter® brand, has launched educational initiatives during Tick Awareness Week. The company's products, including Cutter® Backwoods® Tick Defense®, are designed to offer effective protection against tick bites.
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