Spectr Fiscal 2024 Third Quarter Earnings Call August 8, 2024 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 Statements 3 We have made or implied certain forward-looking statements in this document and may make additional oral forward-looking statements from time to time. All stateme ...

For the quarter ended June 2024, Spectrum Brands (SPB) reported revenue of $779.4 million, up 6% over the same period last year. EPS came in at $1.10, compared to $0.75 in the year-ago quarter. The reported revenue represents a surprise of +3.48% over the Zacks Consensus Estimate of $753.16 million. With the consensus EPS estimate being $1.35, the EPS surprise was -18.52%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

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 June 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______ Commission File No.Name of Registrant, State of Incorporation, Address of Principal Offices, and Telephone No.IRS Employer Identificatio ...

Spectrum Brands (SPB) came out with quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -18.52%. A quarter ago, it was expected that this holding company would post earnings of $0.49 per share when it actually produced earnings of $1.62, delivering a surprise of 230.61%. Over the last four quarters, t ...

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 ...