Spectrum Brands' Stock Falls as Remington Parent's Earnings Miss Estimates

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 ...