Spectrum Brands: Worst Is Likely Behind, Reiterate Buy [Seeking Alpha]
Spectrum Brands Holdings, Inc. (SPB)
Last spectrum brands holdings, inc. earnings: 4/30 06:30 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=75225&p=irol-irhome
Company Research
Source: Seeking Alpha
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. Investment Thesis In continuing our coverage of Spectrum Brands Holdings ( NYSE: SPB ), we rated the stock a Buy on the back of its focused approach underpinned by strength in its Global Pet Care (GPC) business and stability in the Home and Garden business, along with relative valuation comfort. The company reported a strong start to FY24, beating the consensus expectation across the top line and bottom line, further demonstrating its continued momentum. We reiterate the stock a Buy on the back of visible signs of business turnaround and bottom line improvements along with an inexpensive valuation. Strong Start to the Year SPB reported a strong start to FY24 with a solid beat across parameters amidst signs of stabilization withi
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SPB
News
- Spectrum Brands Holdings to Report Fiscal 2024 Second Quarter Financial Results and Hold Conference Call and Webcast on May 9, 2024Business Wire
- More than 2 million Black+Decker garment steamers recalled after dozens scalded [CBS News]CBS News
- Winners of the 14th Annual New Products Showcase Recognized at Global Pet Expo 2024 [Yahoo! Finance]Yahoo! Finance
- Household Products Stocks Q4 Earnings Review: Clorox (NYSE:CLX) Shines [Yahoo! Finance]Yahoo! Finance
- Those who invested in Spectrum Brands Holdings (NYSE:SPB) five years ago are up 69% [Yahoo! Finance]Yahoo! Finance
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