Spectrum Brands (NYSE:SPB) Posts Earnings Results, Beats Estimates By $0.49 EPS

Spectrum Brands (NYSE:SPB) posted its quarterly earnings results on Thursday. The company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.49, FiscalAI reports. Spectrum Brands had a net margin of 2.76% and a return on equity of 10.06%. The business had revenue of $713.20 million for the quarter, compared to analysts’ expectations of $717.98 million. During the same period in the prior year, the company posted $2.61 EPS. The business’s revenue for the quarter was down 2.8% on a year-over-year basis.

Here are the key takeaways from Spectrum Brands’ conference call:

• For fiscal 2026, adjusted EBITDA excluding tariff refunds rose 9.8% to $317.4 million, and adjusted free cash flow excluding refunds was $188.2 million. Spectrum ended the year with net leverage of 0.77x and said its strong cash generation provides financial flexibility.
• Global Pet Care and Home and Garden returned to growth, with full-year sales up 5.1% and 3.9%, respectively; management said volume growth and share gains supported performance. Home and Personal Care also expanded adjusted EBITDA margin by 130 basis points, excluding tariff refunds.
• Home and Personal Care remains pressured by soft demand, retailer distribution losses, and intensifying competition, particularly online; the company expects sales in the segment to be relatively flat in fiscal 2027.
• For fiscal 2027, Spectrum expects sales and adjusted EBITDA to be flat to up low single digits, while forecasting about $80 million in incremental input-cost inflation. Management expects targeted pricing, lower tariff rates, and cost improvements to offset the pressure, and projects free cash flow at about 50% of adjusted EBITDA.
• Empower Brands, Spectrum’s joint venture with Oaktree, is seeking to acquire Helen of Troy, arguing that scale could support investment and efficiencies; Helen of Troy has rejected the proposal. Spectrum said it remains open to discussions and is evaluating its options.

Spectrum Brands Trading Up 0.3%

Shares of Spectrum Brands stock traded up $0.25 during trading hours on Thursday, hitting $88.54. The company’s stock had a trading volume of 632,076 shares, compared to its average volume of 377,936. The business has a fifty day moving average of $83.02 and a 200 day moving average of $81.42. Spectrum Brands has a 1-year low of $53.21 and a 1-year high of $99.06. The company has a quick ratio of 1.61, a current ratio of 2.41 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $2.04 billion, a PE ratio of 10.97, a P/E/G ratio of 3.16 and a beta of 0.81.

Spectrum Brands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, November 24th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, November 24th. Spectrum Brands’s dividend payout ratio is 57.32%.

More Spectrum Brands News

Investors following SPB have been watching these news items:

• Positive Sentiment: Spectrum reported fiscal Q4 adjusted EPS of $1.39, above the approximately $0.90 analyst consensus. The earnings beat is the clearest near-term positive for SPB. Quarterly earnings results
• Neutral Sentiment: Empower Brands, jointly owned by Spectrum and Oaktree, is pressing Helen of Troy shareholders to consider its all-cash acquisition proposal. Helen of Troy’s board unanimously rejected the unsolicited, non-binding offer, which remains unchanged; the potential deal offers strategic upside but faces a significant hurdle. Empower Brands shareholder letter Helen of Troy statement
• Negative Sentiment: Quarterly revenue was $713.2 million, below the roughly $718 million consensus and down 2.8% year over year. EPS also fell from $2.61 a year earlier, tempering the positive earnings surprise. Spectrum Brands Q4 results

Analyst Ratings Changes

A number of analysts have commented on the company. UBS Group assumed coverage on Spectrum Brands in a research report on Thursday, October 15th. They set a “buy” rating and a $97.00 target price on the stock. Deutsche Bank restated a “hold” rating and issued a $96.00 price target on shares of Spectrum Brands in a research report on Monday, August 10th. Canaccord Genuity Group lifted their price target on Spectrum Brands from $99.00 to $110.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Wells Fargo & Company decreased their price objective on shares of Spectrum Brands from $90.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Monday, October 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Spectrum Brands in a research note on Wednesday, November 4th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Spectrum Brands has a consensus rating of “Moderate Buy” and a consensus target price of $97.86.

About Spectrum Brands

Spectrum Brands Holdings, Inc. is a global consumer products company that develops, manufactures and markets products for homes, pets and gardens. Its businesses serve consumers through a portfolio of established brands and retail, e-commerce and other distribution channels. The company’s Home and Personal Care products include small kitchen appliances, personal care devices and home appliances sold under brands such as Remington, Russell Hobbs, George Foreman and Black+Decker, under license. Its Global Pet Care business offers products for aquatic pets, companion animals and pet health, including brands such as Tetra, DreamBone and Nature’s Miracle.