Spectrum Brands Q3 Earnings & Sales Miss on Soft Segment Performance

Key Takeaways Spectrum Brands Holdings Inc. (SPB) has reported dismal third-quarter fiscal 2025 results, wherein the top and bottom lines missed the Zacks Consensus Estimate. While the company's earnings improved year over year, sales declined. SPB reported adjusted earnings of $1.24 per share, increasing 9.7% from the year-ago quarter and missing the Zacks Consensus Estimate of $1.25. The earnings improvement was primarily driven by lower interest expenses, reduced tax liabilities and a lower share count. ...