Spectrum Brands Shares Surge 15% After Q4 Profit Beats Despite Revenue Dip

Core Insights - Spectrum Brands Holdings Inc. reported fourth-quarter adjusted earnings significantly exceeding analyst expectations, despite a revenue decline due to supply chain disruptions and reduced demand in certain product categories [1][2] - The company's shares surged over 15% during intra-day trading following the earnings announcement [1] Financial Performance - Adjusted earnings per share reached $2.61, far surpassing analysts' estimates of $0.90 [2] - Total revenue was $733.5 million, slightly below the consensus estimate of $743.14 million, and represented a 5.2% decrease from $773.7 million in the same quarter last year [2] - Organic net sales experienced a decline of 6.6%, excluding favorable foreign exchange effects [2] Operational Challenges - The revenue decline was primarily attributed to the company's earlier pause on imports sourced from China due to tariff concerns, along with weaker performance in the Global Pet Care and Home & Personal Care segments [3] - For fiscal 2026, the company anticipates flat to low-single-digit net sales growth and low-single-digit adjusted EBITDA growth, citing expected recovery in its Global Pet Care and Home & Garden businesses [3]