Profile
Sector:
Consumer DefensiveIndustry:
Household & Personal ProductsCountry:
United StatesIPO:
02 January 1979Website:
http://www.spectrumbrands.comNext earnings report:
07 February 2025Last dividends:
27 August 2024Next dividends:
26 November 2024Price
after hours | Wed, 20 Nov 2024 00:42:20 GMTAnalysts recommendations
Institutional Ownership
SPB Latest News
Spectrum Brands posts soft earnings results for fourth-quarter fiscal 2024. Sales rise 4.5% year over year on higher organic sales.
Spectrum Brands (SPB) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.36 per share a year ago.
“Challenging economic and geopolitical conditions” are impacting consumer demand, according to its CEO.
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, today reported results from continuing operations for the fourth quarter ended September 30, 2024. “The team and I are proud of our fourth quarter and fiscal 2024 results. We exceeded our annual operating plans on virtually every metric and.
Spectrum Brands (SPB) shares fell Friday after the parent company of Remington and George Foreman brands posted lower-than-estimated earnings per share and a muted sales outlook for the upcoming year.
Spectrum Brands Holdings, Inc. (NYSE:SPB ) Q4 2024 Earnings Conference Call November 15, 2024 9:00 AM ET Company Participants Joanne Chomiak - Senior Vice President & Treasury David Maura - Chairman & Chief Executive Officer Jeremy Smeltser - Chief Financial Officer Conference Call Participants Peter Grom - UBS Bob Labick - CJS Securities Chris Carey - Wells Fargo Securities Operator Good day, and thank you for standing by. Welcome to Quarter Four 2024 Spectrum Brands Holdings, Inc. Earnings Conference Call.
SPB's strategy of regularly increasing dividends not only bolsters shareholder income but also reinforces investor confidence in the company.
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that its Board of Directors today approved a 12% increase in its dividend payout, and declared a quarterly dividend of $0.47 per share on the Common Stock of the Company. This new quarterly dividend rate represents an annualized dividend yield of 2% based on today's closing stock price. The dividend is payable on December 17, 2024 to shareholders of record as of November 26, 2024. About Spectrum Brands Holdin.
Get a deeper insight into the potential performance of Spectrum (SPB) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Pricing actions, cost efficiencies, and a favorable product mix are expected to aid SPB's fiscal Q4 results, offset by soft demand for small kitchen appliances.
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 was Spectrum Brands Holdings the previous earnings report?
No data
When does Spectrum Brands Holdings earnings report?
The next expected earnings date for Spectrum Brands Holdings is 07 February 2025