Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Spectrum Brands Holdings (SPB)
NYSE:SPB
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.45Last Year’s EPS
1.62Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -3.93%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with notable strengths in e-commerce growth, Home and Garden success, and operational improvements, balanced against challenges such as declines in Global Pet Care sales, tariff and FX headwinds, and delays in the HPC transaction process.Company Guidance
During the first quarter of fiscal year 2025, Spectrum Brands Holdings, Inc. reported a net sales increase of 1.2%, with organic net sales rising by 1.9% excluding unfavorable foreign exchange impacts. The company achieved an adjusted EBITDA of $77.8 million, representing a 26.9% growth over the previous year's first quarter when excluding prior investment income. Gross margins improved by 140 basis points compared to the first quarter of fiscal 2024. The Home and Garden division experienced a significant boost with a 27.9% increase in net sales, primarily due to seasonal inventory builds. Global Pet Care saw a 6.4% decrease in organic sales, impacted by previous strategic order pull-forwards. E-commerce sales accounted for over 30% of total sales in the Home and Personal Care division, which achieved a 1.4% increase in net sales. The company maintained a strong balance sheet with net leverage under 1.1 turns and continued its robust capital return strategy, repurchasing approximately 2.1 million shares. Spectrum Brands reiterated its full-year expectations for low single-digit net sales growth and mid to high single-digit adjusted EBITDA growth.Strong First Quarter Performance
Net sales increased 1.2%, excluding unfavorable FX, organic net sales up 1.9%. Adjusted EBITDA increased by $16.5 million if excluding prior year investment income.
Home and Garden Success
Net sales increased 27.9% driven by seasonal inventory build. Adjusted EBITDA increased to $9.3 million from a loss of $700,000 last year.
E-commerce Growth
E-commerce sales within HPC accounted for over 30% of quarterly global sales, outpacing brick-and-mortar growth. Strong online sales for products like the Emeril French Door air fryer.
Operational Excellence
Successful implementation of S4 HANA ERP in GPC North America and Home and Garden. Maintained a strong balance sheet with net leverage under 1.1 turns.
Shareholder Returns
Repurchased approximately 2.1 million shares for $183 million and returned over $1.2 billion to shareholders since the HHI transaction.
---
SPB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SPB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $82.36 | $76.00 | -7.72% |
| Nov 15, 2024 | $92.82 | $87.24 | -6.01% |
| Aug 08, 2024 | $80.50 | $89.05 | +10.62% |
| May 09, 2024 | $82.82 | $92.71 | +11.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Spectrum Brands Holdings (SPB) report earnings?
Spectrum Brands Holdings (SPB) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Spectrum Brands Holdings (SPB) earnings time?
Spectrum Brands Holdings (SPB) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SPB EPS forecast?
SPB EPS forecast for the fiscal quarter 2025 (Q2) is 1.45.
---