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Stock impact report

Spectrum Brands Holdings Reports Fiscal 2022 Fourth Quarter

Spectrum Brands Holdings, Inc. (SPB) 
Last spectrum brands holdings, inc. earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Business Wire
Net Sales Decreased 1.1% with Significant Unfavorable Foreign Currency Impact, Largely in Line with Company's Previous ExpectationsFourth Quarter Net Loss from Continuing Operations was $24.8 Million with a Reduction in Adjusted EBITDA from Continuing Operations to $74.7 millionThe Company Expects to Deliver Low Single-Digit Net Sales Growth and Low Double-Digits Adjusted EBITDA Growth for Fiscal 2023 from Continuing Operations, with Adjusted EBITDA Growth in All Business UnitsAdditional Pricing Actions Expected to Offset Projected Inflationary Increases and Unfavorable Currency ImpactThe Company Expects to Return to Free Cash Flow Generation in Fiscal 2023 with over $200 Million of Inventory ReductionThe Company Expects to Collect $4.3 Billion Upon Completion of the Sale of HHI, Anticipated to Close no Later Than the End of June 2023 MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer p Show less Read more
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