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Spectrum Brand Holdings, Inc. (SPB)

- NYSE
  • Wed, Aug. 5, 9:29 AM
    • Spectrum Brand (NYSE:SPB) reports organic sales growth of 3.7% in FQ3.
    • The company saw record Home and Garden performance, strong personal care and small appliances results, and strong European volume growth.
    • Segment sales: Global Batteries & Appliances: $459 (-7.24%); Hardware & Home Improvement: $313.5M (+2.15%); Global Pet Supplies: $208.3M (+36.86%); Home and Garden: $202.3M (+15.86%); Global Auto Care: $64.4M.
    • Gross margin rate declined 30 bps to 36.7% primarily due to the negative impact of foreign exchange.
    • Operating margin rate dropped 230 bps to 10.88%.
    • FY2015 Guidance: Net sales: to increase in the mid-single digit range; Free cash flow: ~$440M; Capex: $75M to $85M.
    | Comment!
  • Wed, Aug. 5, 7:07 AM
    • Spectrum Brand (NYSE:SPB): FQ3 EPS of $1.42 beats by $0.01.
    • Revenue of $1.25B (+10.6% Y/Y) in-line.
    • Press Release
    | Comment!
  • Tue, Jul. 28, 4:41 PM
    • Spectrum Brand (NYSE:SPB) declares $0.33/share quarterly dividend, in line with previous.
    • Forward yield 1.28%
    • Payable Sept. 15; for shareholders of record Aug. 18; ex-div Aug. 14.
    | Comment!
  • Thu, Jun. 18, 8:27 AM
    • Spectrum Brands (NYSE:SPB) faces a lawsuit from the U.S. Consumer Product Safety Commission over allegations it failed to timely report an issue with coffee pot handles.
    • The issue dates back to Black & Decker brand Spacemaker coffee pots sold between 2008 and 2012.
    • The company states it plans to defend itself in court in the interest of "fundamental fairness."
    | Comment!
  • Wed, Apr. 29, 8:00 AM
    • Spectrum Brand (NYSE:SPB) reports a record quarter for the Home and Garden business.
    • The company saw strong volume growth in HHI business, in Europe and Latin America.
      Segment sales: Global Batteries & Appliances: $443.9 (-7.69%); Hardware & Home Improvement: $289.4M (+8.43%); Global Pet Supplies: $209.8M (+31.62%); Home and Garden: $123.9M (+8.21%). 
    • Gross margin rate fell 10 bps to 35.1%.
    • Operating margin rate declined 78 bps to 8.28%.
      FY2015 Guidance: Net sales: to increase in the low to mid-single digit range; Free cash flow: ~$400M; Capex: $75M to $85M.
    • SPB +0.19% premarket.
    | Comment!
  • Wed, Apr. 29, 7:10 AM
    • Spectrum Brand (NYSE:SPB): FQ2 EPS of $0.69 misses by $0.08.
    • Revenue of $1.07B (+4.9% Y/Y) beats by $10M.
    • Shares +3.32% PM.
    • Press Release
    | Comment!
  • Tue, Apr. 28, 4:48 PM
    • Spectrum Brands (NYSE:SPB) agrees to acquire Armor All from P-E firm Avista Capital Partners for $1.4B, Bloomberg reports.
    • SPB owns a broad range of consumer brands from bug repellent to facial-grooming products, and would add car wax, upholstery creams and STP engine oil to its product stable.
    • The deal would be funded with ~$900M of new debt and the sale of $500M of new shares, according to the report; HRG, which owns ~59% of SPB, would subscribe to the share sale.
    | Comment!
  • Tue, Apr. 28, 4:41 PM
    • Spectrum Brand (NYSE:SPB) declares $0.33/share quarterly dividend, in line with previous.
    • Forward yield 1.5%
    • Payable June 16; for shareholders of record May 19; ex-div May 15.
    | Comment!
  • Mon, Mar. 16, 7:47 AM
    • Spectrum Brands (NYSE:SPB) appoints Andreas Rouve to be the new CEO at the company.
    • Rouve has held the COO position at Spectrum since last February.
    • Spectrum Brands is coming off of a quarter in which revenue and adjusted EBITDA slipped.
    | Comment!
  • Tue, Feb. 24, 8:41 AM
    • Strong demand at Home Depot and Lowe's as consumers boost their home improvement spending sets up suppliers for a Q1 boost.
    • A higher mix of domestic sales can also help select companies withstand the impact of F/X translation to U.S. dollars for their global business.
    • Previously: Home Depot and Lowe's higher after strong read on HD traffic (Feb. 24 2015)
    • Home Depot-watching: SWK, SPB, ENR, PG, TTC, OC, WHR,
    | 2 Comments
  • Wed, Feb. 4, 4:25 PM
    • Spectrum Brand (NYSE:SPB): FQ1 EPS of $1.07 misses by $0.01.
    • Revenue of $1.07B (-2.7% Y/Y) misses by $50M.
    • Press Release
    | Comment!
  • Wed, Jan. 28, 4:34 PM
    • Spectrum Brand (NYSE:SPB) declares $0.33/share quarterly dividend, 10% increase from prior dividend of $0.30.
    • Forward yield 1.46%
    • Payable March 10; for shareholders of record Feb. 17; ex-div Feb. 12.
    | Comment!
  • Fri, Jan. 9, 7:27 AM
    • Spectrum Brands (NYSE:SPB) CEO David Lumley will retire from the company before the end of the year.
    • As part of a planned succession, Lumley will continue in his role until a new CEO is hired.
    • Spectrum says it will look at internal and external candidates for the job.
    | Comment!
  • Nov. 20, 2014, 7:11 AM
    • Spectrum Brand (NYSE:SPB): FQ4 EPS of $0.98 misses by $0.15.
    • Revenue of $1.18B (+3.5% Y/Y) beats by $20M.
    • Press Release
    | Comment!
  • Nov. 19, 2014, 5:30 PM
  • Nov. 18, 2014, 4:08 PM
    • Spectrum Brand (NYSE:SPB) declares $0.30/share quarterly dividend, in line with previous.
    • Forward yield 1.33%
    • Payable Dec. 18; for shareholders of record Dec. 2; ex-div Nov. 28.
    | Comment!
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Company Description
Spectrum Brands Holdings Inc is a diversified consumer products company.The Company is engaged in manufacturing and marketing alkaline, zinc carbon and hearing aid batteries, herbicides, insecticides and repellants and specialty pet supplies.
Industry: Appliances
Country: United States