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Spectrum Brands Misses on Q2 Earnings, Suspends View on Tariffs Woes
ZACKS· 2025-05-09 16:40
Spectrum Brands Holdings Inc. (SPB) reported dismal second-quarter fiscal 2025 results, wherein the top and bottom lines missed the Zacks Consensus Estimate and declined year over year.The company’s fiscal second-quarter results highlight the ongoing challenges from a difficult macroeconomic environment and global trade pressures. Sales declined across key segments due to softer consumer demand, particularly in North America and the unfavorable impact of retailer inventory timing.Profitability was affected ...
Spectrum (SPB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-08 14:36
Core Insights - Spectrum Brands (SPB) reported revenue of $675.7 million for the quarter ended March 2025, reflecting a year-over-year decline of 6% and an EPS of $0.68 compared to $1.62 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $694.91 million, resulting in a surprise of -2.76%, while the EPS surprise was -49.63% against a consensus estimate of $1.35 [1] Financial Performance Metrics - Net Sales in Home & Personal Care (HPC) were $254.20 million, below the average estimate of $261.20 million, marking a -5.1% year-over-year change [4] - Net Sales in Home & Garden (H&G) reached $152.30 million, compared to an estimated $156.85 million, representing a -5.2% change year-over-year [4] - Net Sales in Global Pet Care (GPC) totaled $269.20 million, falling short of the $277.60 million estimate, indicating a -7.1% year-over-year decline [4] - Adjusted EBITDA for Global Pet Care (GPC) was $50 million, below the average estimate of $58.95 million [4] - Adjusted EBITDA for Home & Personal Care (HPC) was $7.30 million, significantly lower than the estimated $17.30 million [4] - Adjusted EBITDA for Home & Garden (H&G) was $26.70 million, compared to the average estimate of $29.15 million [4] Stock Performance - Spectrum's shares have returned -3.2% over the past month, contrasting with the Zacks S&P 500 composite's +11.3% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), suggesting potential underperformance relative to the broader market in the near term [3]
Spectrum Brands(SPB) - 2025 Q2 - Quarterly Report
2025-05-08 14:16
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to______ | Commission File No. | Name of Registrant, State of Incorporation, Address of Principal Offices, and Telephone No. | IRS Employer Iden ...
Spectrum Brands(SPB) - 2025 Q2 - Earnings Call Transcript
2025-05-08 14:02
Spectrum Brands (SPB) Q2 2025 Earnings Call May 08, 2025 09:00 AM ET Company Participants Joanne Chomiak - Director of Investor RelationsDavid Maura - Executive Chairman & CEOJeremy Smeltser - Executive VP & CFOPeter Lukas - DirectorOlivia Tong - Managing Director Conference Call Participants Peter Grom - Equity Research Analyst Operator Good day, and thank you for standing by. Welcome to the Q2 twenty twenty five Spectrum Brands Holding Earnings Conference Call. At this time, all participants are in a list ...
Spectrum Brands(SPB) - 2025 Q2 - Earnings Call Transcript
2025-05-08 14:00
Spectrum Brands (SPB) Q2 2025 Earnings Call May 08, 2025 09:00 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Q2 twenty twenty five Spectrum Brands Holding Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising that your hand is raised. To withdraw ...
Spectrum Brands (SPB) Q2 Earnings and Revenues Miss Estimates
ZACKS· 2025-05-08 12:40
Spectrum Brands (SPB) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -49.63%. A quarter ago, it was expected that this holding company would post earnings of $0.91 per share when it actually produced earnings of $1.02, delivering a surprise of 12.09%.Over the last four quarters, the ...
Spectrum Brands(SPB) - 2025 Q2 - Quarterly Results
2025-05-08 11:16
For Immediate Release Investor/Media Contact: Joanne Chomiak 608-275-4458 Exhibit 99.1 3001 Deming Way Middleton, WI 53562-1431 P.O. Box 620992 Middleton, WI 53562-0992 (608) 275-3340 Spectrum Brands Holdings Reports Fiscal 2025 Second Quarter Results Middleton, WI, May 8, 2025 - 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 ...
Spectrum Brands(SPB) - 2025 Q2 - Earnings Call Presentation
2025-05-08 11:03
Fiscal 2025 Second Quarter Earnings Call May 8, 2025 We have made or implied certain forward-looking statements in this document. Statements or expectations regarding our business strategy, future free cash flows, tariffs, tariff impact and tariff mitigation efforts, future operations and operating model, financial condition, estimated revenues, projected costs, inventory management, supply chain and supply chain relocation efforts, earnings power, project synergies, prospects, plans and strategic objective ...
Spectrum Brands Set to Post Q2 Earnings: How are the Trends Shaping?
ZACKS· 2025-05-02 18:41
Core Viewpoint - Spectrum Brands Holdings, Inc. (SPB) is anticipated to report a decline in both revenue and earnings for the second quarter of fiscal 2025, with revenues expected at $694.9 million, a decrease of 3.3% year-over-year, and earnings per share (EPS) projected at $1.35, down 16.7% from the previous year [1][2]. Financial Performance - The Zacks Consensus Estimate for SPB's fiscal second-quarter revenues is $694.9 million, reflecting a 3.3% decline from the same quarter last year [1]. - The EPS estimate is $1.35, indicating a 16.7% decrease compared to the year-ago quarter, with a 9.4% downward revision in the last 30 days [2]. - In the last reported quarter, SPB achieved an earnings surprise of 12.1%, averaging a 52.5% earnings surprise over the trailing four quarters [2]. Earnings Prediction Model - The current model does not predict an earnings beat for SPB, as it holds an Earnings ESP of +3.70% and a Zacks Rank of 5 (Strong Sell) [3]. Strategic Initiatives - SPB's second-quarter results are expected to reflect the impacts of its aggressive investment strategy focused on long-term value creation, including enhancing brand equity, expanding e-commerce, and modernizing the supply chain [4]. - The expiration of tariff exemptions and new tariffs, particularly affecting the Home & Personal Care (HPC) segment, are anticipated to increase costs and pressure margins [5]. - Ongoing efforts to divest or restructure the HPC segment may face challenges due to geopolitical uncertainties and operational complexities, potentially delaying strategic transactions [6]. Market Conditions - Soft consumer demand in discretionary categories, especially in the HPC segment and small kitchen appliances, may negatively impact overall sales amid macroeconomic pressures like inflation and high interest rates [7]. - The Zacks Consensus Estimate for the HPC segment's sales is $261 million, slightly up from $260 million year-over-year, while the Global Pet Care segment is expected to see revenues of $278 million, down from $291 million [8]. Valuation and Stock Performance - SPB is trading at a forward 12-month price-to-earnings ratio of 12.79X, higher than the industry average of 11.34X [9]. - SPB's shares have declined by 22% over the past three months, compared to a 9.9% decline in the industry [10].
Analysts Estimate Spectrum Brands (SPB) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-05-01 15:08
Company Overview - Spectrum Brands (SPB) is expected to report a year-over-year decline in earnings, with a projected EPS of $1.35, reflecting a decrease of 16.7% compared to the previous year [3] - Revenues for the upcoming quarter are anticipated to be $694.91 million, down 3.3% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on May 8, 2025, and the stock price may react positively if actual results exceed expectations [2] - Conversely, if the results fall short, the stock may decline [2] Estimate Revisions - The consensus EPS estimate has been revised down by 6.16% over the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Spectrum is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +3.70% [10][11] Historical Performance - In the last reported quarter, Spectrum had an earnings surprise of +12.09%, with actual earnings of $1.02 per share compared to an expected $0.91 [12] - Over the past four quarters, Spectrum has beaten consensus EPS estimates two times [13] Industry Context - Another company in the same industry, Central Garden (CENT), is expected to report earnings of $0.94 per share, reflecting a year-over-year decline of 5.1% [17] - Central Garden's revenues are projected to be $875.2 million, down 2.8% from the previous year [17]