Spectrum Brands Holdings Inc. Reports Mixed Fiscal Q1 2024 Results [Yahoo! Finance]
Spectrum Brands Holdings, Inc. (SPB)
Last spectrum brands holdings, inc. earnings: 4/30 06:30 am
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Source: Yahoo! Finance
Adjusted EBITDA : Increased by 111.8% to $84.3 million. Gross Profit : Rose by 21.3% to $244.9 million. Share Repurchases : 3.3 million shares repurchased in Q1 for $243 million. Outlook : Fiscal 2024 earnings framework maintained with expected low single-digit net sales decline and high single-digit Adjusted EBITDA growth, excluding investment income. Warning! GuruFocus has detected 10 Warning Signs with SPB. On February 8, 2024, Spectrum Brands Holdings Inc ( NYSE:SPB ) released its 8-K filing , disclosing the financial results for the first quarter of fiscal year 2024. The company, a leading supplier of consumer batteries, residential locksets, and various other consumer products, reported a 3.0% decrease in net sales, attributed to lower consumer demand in North American small kitchen appliances and the impact of SKU rationalizations. Despite the sales decline, Spectrum Brands saw a substantial improvement in net income from continuing operations, which stood at $17.5 m
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SPB
Earnings
- 2/8/24 - Beat
SPB
Sec Filings
- 2/13/24 - Form SC
- 2/12/24 - Form SC
- 2/9/24 - Form SC
- SPB's page on the SEC website