Spectrum Brands(SPB)

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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 ...
Earnings Preview: Spectrum Brands (SPB) Q4 Earnings Expected to Decline
ZACKS· 2024-11-08 16:02
Spectrum Brands (SPB) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on November 15, 2024, might help the stock move higher if these key numbers are better ...
Spectrum Brands: Upcoming Divestiture And Tailwinds Make This Stock A Buy
Seeking Alpha· 2024-10-25 08:49
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
SPB vs. K: Which Stock Is the Better Value Option?
ZACKS· 2024-10-09 16:48
Investors interested in stocks from the Consumer Products - Discretionary sector have probably already heard of Spectrum Brands (SPB) and Kellanova (K) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and est ...
Why Spectrum Brands (SPB) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-10-08 14:55
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Styl ...
Why Fast-paced Mover Spectrum (SPB) Is a Great Choice for Value Investors
ZACKS· 2024-10-08 13:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...
Spectrum Brands Stock Rises 19% YTD: What's Next for Investors?
ZACKS· 2024-10-02 14:56
Spectrum Brands Holdings, Inc. (SPB) has shown strong performance year to date (YTD), with its shares appreciating 18.9%. This growth outpaces the industry's rise of 17.9% and the broader Consumer Discretionary sector's gain of 4.9% in the same period. Image Source: Zacks Investment Research The positive momentum in the SPB stock can be attributed to several key factors, including the company's ongoing Global Productivity Improvement Plan (GPIP). This plan focuses on enhancing operational efficiency and rei ...