Profile
Sector:
Consumer DefensiveIndustry:
Household & Personal ProductsCountry:
United StatesIPO:
02 January 1979Website:
http://www.spectrumbrands.comNext earnings report:
09 August 2024Last dividends:
24 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:03:51 GMTAnalysts recommendations
Institutional Ownership
SPB Latest News
Spectrum Brands Holdings has undergone significant changes, including paying down debt and issuing new debt, to improve its bottom line. Recent developments include buying back senior notes and issuing exchangeable senior notes to reduce annual interest expenses and improve financial position. Despite recent financial performance declines, the company's EBITDA has shown growth, and management forecasts further growth in the low double digits for the current year.
Spectrum Brands (SPB) progresses smoothly on GPIP, including cost-saving efforts.
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today (i) the pricing and accepted tender amounts for the previously announced tender offer, as amended and supplemented by Spectrum Brands' press release dated June 4, 2024 (the “Tender Offer”), to purchase for cash by its wholly-owned subsidiary, Spectrum Brands,.
Spectrum Brands (SPB) progresses smoothly on its Global Productivity Improvement Plan, including cost-saving efforts.
Spectrum (SPB) passed our screening for 'Fast-Paced Momentum at a Bargain' and may be an attractive option for investors seeking stocks with recent strong momentum at fair valuations.
Spectrum (SPB) has been upgraded to a Zacks Rank #2 (Buy), indicating increased positivity about the company's earnings potential. This could lead to a rise in the stock price in the short run.
Gain a better understanding of Spectrum's (SPB) potential performance in the first quarter of 2024 by looking beyond Wall Street's revenue and profit predictions and analyzing estimates for important metrics.
Spectrum Brands' (SPB) second-quarter fiscal 2024 earnings are expected to benefit from higher prices, cost efficiencies, and a favorable product mix.
Spectrum Brands (SPB) progresses smoothly on its Global Productivity Improvement Plan, including cost-saving efforts.
Spectrum Brands reported a strong start to FY24, beating expectations with a solid performance across its segments. The company's Home and Personal Care business showed signs of stabilization, while its Global Pet Care segment remained stable. Despite some risks, Spectrum Brands is expected to see a strong comeback and offers an attractive investment opportunity.
What type of business is Spectrum Brands Holdings?
Spectrum Brands Holdings, Inc. is a diversified company that manufactures and sells household appliances and home goods. The company's product line includes around 30 well-known brands, including Remington, Black & Decker, George Foreman, Russell Hobbs, Garden Safe, Cutter & Repel, Tetra, Marineland, Dingo, Kwikset, Schultz, Pfister, and others. The company was formed in 2005 as the successor to Rayovac Corporation. The headquarters is located in Middleton, Wisconsin. In 2019, the company sold its automotive service business, portable lighting, battery lines, and focused on four main segments: - Home equipment and improvement; - Home appliances and personal hygiene; - Pet care; - Home and garden.
What sector is Spectrum Brands Holdings in?
Spectrum Brands Holdings is in the Consumer Defensive sector
What industry is Spectrum Brands Holdings in?
Spectrum Brands Holdings is in the Household & Personal Products industry
What country is Spectrum Brands Holdings from?
Spectrum Brands Holdings is headquartered in United States
When did Spectrum Brands Holdings go public?
Spectrum Brands Holdings initial public offering (IPO) was on 02 January 1979
What is Spectrum Brands Holdings website?
https://www.spectrumbrands.com
Is Spectrum Brands Holdings in the S&P 500?
No, Spectrum Brands Holdings is not included in the S&P 500 index
Is Spectrum Brands Holdings in the NASDAQ 100?
No, Spectrum Brands Holdings is not included in the NASDAQ 100 index
Is Spectrum Brands Holdings in the Dow Jones?
No, Spectrum Brands Holdings is not included in the Dow Jones index
When does Spectrum Brands Holdings report earnings?
The next expected earnings date for Spectrum Brands Holdings is 09 August 2024