Spectrum Brands(SPB)
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SPB Q4 Earnings Miss Estimates, Organic Sales Increase 4.8% Y/Y
ZACKS· 2024-11-15 19:25
Spectrum Brands Holdings Inc. (SPB) reported fourth-quarter fiscal 2024 results, wherein the top line surpassed the Zacks Consensus Estimate but the bottom line missed. While sales increased year over year, earnings dipped.SPB’s shares fell more than 8% in trading hours today on soft earnings results in the reported quarter. Shares of this Zacks Rank #4 (Sell) company have lost 2.9% in the past three months against the industry's 1.3% rise.The company’s businesses reverted to growth in the second half of th ...
Spectrum Brands' Stock Falls as Remington Parent's Earnings Miss Estimates
Investopedia· 2024-11-15 17:55
KEY TAKEAWAYSSpectrum Brands shares fell Friday, after the maker of George Foreman Grills and parent of Remington posted adjusted earnings and an outlook that missed analysts’ estimates.The company said it is projecting “low single-digit” growth in its net sales for its fiscal 2025 year.Its fiscal fourth-quarter net income and sales beat estimates, however. Spectrum Brands (SPB) shares fell Friday after the parent company of Remington and George Foreman brands posted lower-than-estimated earnings per share ...
Spectrum Brands(SPB) - 2024 Q4 - Earnings Call Transcript
2024-11-15 17:23
Spectrum Brands Holdings, Inc. (NYSE:SPB) Q4 2024 Earnings Conference Call November 15, 2024 9:00 AM ET Company Participants Joanne Chomiak - Senior Vice President & Treasury David Maura - Chairman & Chief Executive Officer Jeremy Smeltser - Chief Financial Officer Conference Call Participants Peter Grom - UBS Bob Labick - CJS Securities Chris Carey - Wells Fargo Securities Operator Good day, and thank you for standing by. Welcome to Quarter Four 2024 Spectrum Brands Holdings, Inc. Earnings Conference Call. ...
Spectrum Brands(SPB) - 2024 Q4 - Annual Report
2024-11-15 15:45
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ SPB_Logo_NO_Tag.jpg Commission File No. Name of Registrant, State of Incorporation, Address of Principal Offices, and Telephone N ...
Spectrum Brands (SPB) Q4 Earnings Miss Estimates
ZACKS· 2024-11-15 13:50
Spectrum Brands (SPB) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.16%. A quarter ago, it was expected that this holding company would post earnings of $1.35 per share when it actually produced earnings of $1.10, delivering a surprise of -18.52%.Over the last four quarters, the ...
Spectrum Brands(SPB) - 2024 Q4 - Earnings Call Presentation
2024-11-15 13:45
Qn | --- | --- | --- | --- | --- | |---------------------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | Fiscal 2024 Fourth Quarter and Full Year Earnings Call | | | | | 2 Agenda • Introduction – Joanne Chomiak Senior Vice President, Tax and Treasury • CEO Overview – David Maura Chairman and Chief Executive Officer • Financial & Business Review – Jeremy Smeltser Chief Financial Officer • Q&A – David Maura and Jeremy Smeltser Forward-looking Stateme ...
Spectrum Brands(SPB) - 2024 Q4 - Annual Results
2024-11-15 11:36
Exhibit 99.1 3001 Deming Way Middleton, WI 53562-1431 P.O. Box 620992 Middleton, WI 53562-0992 (608) 275-3340 For Immediate Release Investor/Media Contact: Joanne Chomiak 608-275-4458 Spectrum Brands Holdings Reports Fiscal 2024 Fourth Quarter • Fourth Quarter Net Sales Increased 4.5% With Organic Net Sales Increase of 4.8% • Fourth Quarter Net Income of $12.8 Million; Adjusted EBITDA of $68.9 Million Net of Incremental $25.9 Million of Brand Investments • Full Year Net Sales Increased 1.5% with Organic Net ...
Spectrum Brands Raises Quarterly Dividend: What it Means for Investors
ZACKS· 2024-11-14 16:45
Spectrum Brands Holdings, Inc. (SPB) announced an increase in its quarterly dividend, raising it to 47 cents per share from the previous 42 cents. This 12% hike underscores Spectrum Brands' commitment to delivering consistent value to its shareholders through dividend increases.Scheduled to be paid on Dec. 17, 2024, to its shareholders of record as of Nov. 26, 2024, this is a milestone in Spectrum Brands' tradition of rewarding its investors with dependable dividends. With this adjustment, the company's ann ...
Countdown to Spectrum (SPB) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-11-12 15:15
Wall Street analysts forecast that Spectrum Brands (SPB) will report quarterly earnings of $1.13 per share in its upcoming release, pointing to a year-over-year decline of 16.9%. It is anticipated that revenues will amount to $740.06 million, exhibiting a decline of 0.1% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 3.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial pr ...
Spectrum Brands Q4 Earnings Upcoming: Is it the Right Time to Invest?
ZACKS· 2024-11-11 15:25
Spectrum Brands Holdings, Inc. (SPB) is expected to register top and bottom-line decline when it reports fourth-quarter fiscal 2024 results on Nov. 15, before the opening bell. The Zacks Consensus Estimate for SPB’s fiscal fourth-quarter revenues is pegged at $740.1 million, indicating a decline of 1% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for Spectrum Brands’ fiscal fourth-quarter earnings per share (EPS) is pegged at ...