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 Third Quarter Results • Net Sales Increased 6.0% Driven by Favorable Weather Conditions and Improved Retailer Inventory Heal ...

In its upcoming report, Spectrum Brands (SPB) is predicted by Wall Street analysts to post quarterly earnings of $1.35 per share, reflecting an increase of 80% compared to the same period last year. Revenues are forecasted to be $753.16 million, representing a year-over-year increase of 2.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Be ...

Spectrum Brands Holdings, Inc. (SPB) is expected to register bottom-line growth when it reports third-quarter fiscal 2024 results on Aug 8, before the opening bell. The Zacks Consensus Estimate for the bottom line is pegged at $1.35 per share, up about 80% from the figure reported in the year-ago quarter. The consensus mark has remained unchanged in the past 30 days. The consensus mark for revenues is pegged at $753.2 million, indicating a decline of 2.4% from the year-ago quarter. In the last reported quar ...

Spectrum Brands Holdings Inc. (SPB) seems well-poised for growth, thanks to its robust strategic efforts. The company is benefiting from increased pricing, cost improvements and a favorable mix. Its Global Productivity Improvement Plan ("GPIP"), which aims at improving operating efficiency and effectiveness, appears encouraging too. Image Source: Zacks Investment Research However, Spectrum Brands has been witnessing soft demand in the small kitchen appliances category, volume declines in certain pet channel ...

(Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Deal Overview On July 2, 2024, Spectrum Brands Holdings Inc. (NYSE: SPB, $85.00; Market Capitalization: $2.5 billion) announced a plan to spin-off its Home & Personal care ("HPC") business. After separation, Spectrum (Stub Co.) will continue focusing on its pure-play Pet, and Home & Garden businesses, which include renowned brands such as Tetra, FURminator, DreamBone, Garden Safe, EcoLogic ...

Recent developments Priority ldertifiers Notes Amount Security Treasury Yield In most cases when this kind of thing occurs, it is done with new debt that is issued. That would be a problem in this environment because of how high interest rates currently are. However, as of the end of the second quarter of this year, the company had cash and cash equivalents on its books of nearly $1.25 billion. I think one could argue that investing this capital elsewhere may have generated stronger returns. But for better ...

Driven by such upsides, the stock has gained 20.4% in the past year, outperforming the industry's 0.3% growth. Analysts seem quite optimistic about this Zacks Rank #3 (Hold) company. The Zacks Consensus Estimate for fiscal 2024 sales and earnings per share (EPS) is pegged at $2.92 billion and $4.68, respectively, indicating year-over-year growth of 0.1% and 205.9%. Delving Deeper Spectrum Brands' initiatives like pricing, cost improvements and a favorable mix have been driving margins for a while now. The c ...

Driven by improved pricing and cost improvements, the gross margin expanded 870 bps to 38.1% in secondquarter fiscal 2024, whereas gross profit improved 27.5% year over year. Adjusted EBITDA advanced 120.2% year over year to $112.3 million in the fiscal second quarter. The adjusted EBITDA margin expanded 860 bps year over year to 15.6%, driven by better gross margins and lower operating expenses. The Zacks Consensus Estimate for Lifetime Brands' current financial year's sales and earnings per share suggests ...

Spectrum Brands Holdings Inc. (SPB) is benefiting from increased pricing, cost improvements and a favorable mix. The company is progressing well with its Global Productivity Improvement Plan, which aims at improving operating efficiency and effectiveness. In the latest developments, the company unveiled that its fully-owned subsidiary, Spectrum Brands, Inc., offered $300 million in total principal amount of its 3.375% exchangeable senior notes due 2029 in a private placement to eligible purchasers under Rul ...

Spectry 2 • CEO Overview – David Maura Chairman and Chief Executive Officer Forward-looking Statements Since these forward-looking statements are based upon our current expectations of future events and projections and are subject to a number of risks and uncertainties, many of which are beyond our control and some of which may change rapidly, actual results or outcomes may differ materially from those expressed or implied herein, and you should not place undue reliance on these statements. Important factor ...