{"filings":[{"id":2114876,"accession_number":"0000109177-26-000038","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2026-08-07T10:43:46+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q3 adj EBITDA +27.5% ex tariff refunds; raises FY26 EBITDA outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $753.3M, +7.7% YoY; organic +6.6% ex FX; net loss from cont. ops -$20.3M vs +$20.5M, incl. $60.6M HPC impairment.","Adjusted EBITDA $158.3M, +106.7%; ex $60.6M IEEPA tariff refunds, adj EBITDA $97.7M, +27.5%.","Adjusted EPS $2.79 vs $1.24; tariff refunds contributed $1.90 net; ex refunds adj EPS $0.89.","Segments: GPC adj EBITDA $84.4M (+91.8%), H&G $50.4M (+30.6%), HPC $40.6M (+480%), all up ex refunds.","FY26 guidance: net sales flat to up low single digits; raises adj EBITDA (ex refunds) to up mid single digits; FCF ~50% of adj EBITDA; net leverage 1.02x."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2081116,"accession_number":"0000109177-26-000035","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2026-08-05T21:09:21+00:00","items":["5.07","9.01"],"status":"ready","headline":"Spectrum Brands shareholders elect directors, ratify auditor, approve say-on-pay at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected with approval percentages ranging from 95.97% to 99.70%.","KPMG LLP ratified as independent auditor for FY2026 with 99.46% approval.","Advisory vote on executive compensation passed with 97.56% approval.","91.63% of outstanding shares were present at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91238,"accession_number":"0000109177-26-000018","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q2 net sales +4.9%, adjusted EBITDA +17.8%; partners with Oaktree in HPC","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income from continuing operations $22.5M vs $1.8M; adjusted EPS $1.25 vs $0.68.","Global Pet Care net sales +11.2% (organic +7.6%); Home & Garden +11.3% (organic +11.2%).","Home & Personal Care net sales -5.5% but adjusted EBITDA +11.0% to $8.1M; Oaktree invests $127M in preferred equity and debt, Spectrum retains ~73%.","FY2026 adjusted EBITDA guidance raised to low to mid single digit growth; net sales still flat to up low single digits; ~50% adjusted FCF conversion.","Net debt leverage 1.66x; total liquidity $595.9M with $125.1M cash."],"consensus_eps_estimate":null,"consensus_eps_actual":2.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":1385900000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91237,"accession_number":"0000109177-26-000013","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2026-05-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Spectrum Brands secures $127M Oaktree investment in HPC business; Oaktree to hold ~27% equity stake","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["$127M Oaktree investment: $67M convertible preferred equity at 8% dividend, $60M first lien term loan at SOFR+5.50%.","Convertible preferred yields 8.0% compounded quarterly; term loan has SOFR+5.50% or base+4.50%.","Expected close on or about May 11, 2026; Oaktree gets ~27% equity stake, remainder held by Spectrum subsidiary.","Transaction advances HPC separation; HPC removed from Parent's collateral package post-closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101201,"accession_number":"0000109177-26-000007","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q1 net sales down 3.3% to $677M; adj. EBITDA $62.6M, down 19.5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income from continuing ops $29.4M ($1.25 diluted EPS); adjusted EPS $1.40, up 37.3%.","Global Pet Care net sales +8.3% with returning growth; H&G -19.8% due to retailer inventory timing; HPC -7.6%.","Adjusted EBITDA margin 9.2% vs 11.1% prior year; decline driven by lower volume and tariff costs.","Repurchased 0.6M shares for $36M; new $300M share repurchase authorization approved.","Reiterates FY2026 framework: flat to low single digit revenue growth, low single digit adjusted EBITDA growth."],"consensus_eps_estimate":null,"consensus_eps_actual":1.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":677000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117544,"accession_number":"0000109177-25-000039","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q4 net sales down 5.2%; adj. EBITDA down 8%; guides flat-to-low-single-digit FY26","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $733.5M (-5.2% YoY), organic -6.6%; adj. EBITDA $63.4M (-8.0%); adj. EPS $2.61 vs $0.97.","GPC net sales -1.5% (organic -3.3%) but adj. EBITDA +12% to $49.6M on cost cuts; H&G sales +3.2% but EBITDA -11.1%.","HPC net sales -11.9% (organic -13.4%) on category softness and supply shortages from halted China imports; adj. EBITDA -17.4%.","FY26 outlook: flat to low single-digit net sales growth, low single-digit adj. EBITDA growth; targeting ~50% FCF conversion.","Net debt leverage 1.58x; ended quarter with $615.9M liquidity; returned $374.6M to shareholders in FY25."],"consensus_eps_estimate":null,"consensus_eps_actual":3.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":2809000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133980,"accession_number":"0001193125-25-194524","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2025-09-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Spectrum Brands CFO Jeremy Smeltser to depart Dec 31, 2025; Faisal Qadir appointed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Jeremy Smeltser's employment terminated without cause; separation date Dec 31, 2025.","Severance: 18 months base salary plus target bonus, pro-rata FY2026 bonus, health benefits, pro-rata LTIP vesting.","Faisal Qadir promoted from VP Strategic Finance to EVP and CFO effective Sept 3, 2025.","Qadir's FY2026 base salary $450k, MIP target 75%, LTIP target 200% of base; severance includes 1.5x salary plus 1x bonus."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133979,"accession_number":"0001628280-25-038586","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q3 revenue $699.6M (-10.2%); adjusted EBITDA $76.6M (-27.9%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $699.6M, down 10.2% YoY; organic net sales down 11.1% driven by tariff-related supply constraints and stop shipments.","Net income from continuing ops $20.5M (up $1.4M); adjusted diluted EPS $1.24 vs $1.13.","Adjusted EBITDA $76.6M, down $29.7M; margin 270 bps lower to 10.9%.","Repurchased 0.9M shares for $54.4M in Q3; 24.2M shares outstanding.","Reaffirms ~$160M free cash flow for FY25; suspends earnings framework due to tariff uncertainty."],"consensus_eps_estimate":null,"consensus_eps_actual":1.68,"consensus_revenue_estimate":null,"consensus_revenue_actual":2075500000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133978,"accession_number":"0001628280-25-037879","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Spectrum Brands 2025 annual meeting; all director nominees elected, auditor ratified, say-on-pay approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholders elected 7 directors: Sherianne James (96.69%), Leslie Campbell (99.47%), Joan Chow (99.47%), Hugh Rovit (97.26%), Gautam Patel (99.08%), David Maura (95.46%), Terry Polistana (97.07%).","Ratified KPMG as auditor for FY 2025 with 98.75% approval (21,264,799 for).","Advisory vote on executive compensation approved 97.91% (19,484,446 for).","87.71% of outstanding shares were represented at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150719,"accession_number":"0000109177-25-000012","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q2 sales down 6%, net income plummets 96%; suspends FY25 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $675.7M (-6.0%), organic -4.6%; net income $1.8M vs $49.9M; adjusted EBITDA $71.3M (-36.5%).","Adjusted EPS $0.68 vs $1.40; suspends FY25 earnings framework due to tariff uncertainty; expects ~$160M FCF.","GPC sales -7.1%, H&G -5.2%, HPC -5.1%; cites softening demand and retailer inventory timing.","Repurchased 2M shares for $159.9M in Q2; 16.3M shares for $1.28B since HHI divestiture; 24.9M shares outstanding.","Accelerating supply chain relocation out of China; new pet care leader Ori Ben Shai appointed."],"consensus_eps_estimate":1.2941,"consensus_eps_actual":0.9,"consensus_revenue_estimate":null,"consensus_revenue_actual":1375900000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169652,"accession_number":"0000109177-25-000007","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q1 net sales up 1.2%; adjusted EPS $1.02 vs $0.63; maintains FY outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $700.2M (+1.2%, organic +1.9%); net income from cont. ops $24.6M (+40.6%); adj. EBITDA $77.8M (-7.7% but +$16.5M ex-investment income).","Adjusted diluted EPS $1.02 vs $0.63 (+61.9%); GAAP diluted EPS $0.87 vs $0.51 (+70.6%).","GPC sales -6.1% (~$10M pullforward ahead of S/4Hana); H&G +27.9% on extended fall and pre-season; HPC +1.4% (organic +3.1%).","Repurchased 0.8M shares for $72.9M in Q1; cumulative 15.3M shares repurchased for ~$1.2B since HHI close.","Maintains FY2025 framework: low single-digit net sales growth, mid/high single-digit adj. EBITDA growth, ~50% adj. FCF conversion."],"consensus_eps_estimate":null,"consensus_eps_actual":0.84,"consensus_revenue_estimate":null,"consensus_revenue_actual":700200000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186714,"accession_number":"0000109177-24-000044","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-11-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q4 sales up 4.5%; FY adj EBITDA ex-investment income grew >20%, dividend up 12%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $773.7M (+4.5% YoY; organic +4.8%); net income $12.8M; adj EBITDA $68.9M (incl $25.9M brand investments).","FY adj EBITDA $371.8M; excluding $52.7M investment income, adj EBITDA grew >20% despite $61.6M brand investments; net income $99.3M.","Operating cash flow $162.6M; adj free cash flow $176.6M; returned $482.7M to shareholders via share repurchases in FY2024.","Increased quarterly dividend 12% to $0.47; annualized yield ~2%; $402.7M remains under share repurchase program.","FY2025 guidance: low single-digit net sales growth, mid-to-high single-digit adj EBITDA growth; ~50% adj EBITDA to adj free cash flow."],"consensus_eps_estimate":null,"consensus_eps_actual":4.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":2963900000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203274,"accession_number":"0000109177-24-000036","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q3 net sales +6%, net income swings to $19.1M; guides FY24 Adj. EBITDA growth ~20%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $779.4M (+6% YoY); net income from continuing ops $19.1M vs. $(172.2)M loss a year ago.","Adj. EBITDA $106.3M (incl. $12.7M investment income; ex-investment income $93.6M, +7.8% YoY).","Gross margin expanded 310bps to 38.9%; all three segments reported sales growth led by H&G +13.1%.","Repaid $1.174B senior unsecured bonds; issued $350M exchangeable bond at 3.375%; new $500M buyback authorized.","FY24 guidance: net sales relatively flat; Adj. EBITDA ex-investment income expected to grow ~20%."],"consensus_eps_estimate":null,"consensus_eps_actual":3.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":2190200000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203273,"accession_number":"0000109177-24-000032","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Spectrum Brands shareholders elect all director nominees and approve auditor and say-on-pay at 2024 Annual Meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 7 director nominees elected; approval percentages ranged from 96.13% to 99.77%.","KPMG LLP ratified as independent auditor for FY2024 with 99.40% votes in favor.","Advisory say-on-pay proposal approved with 97.18% of votes cast for.","Quorum of 24,894,557 shares (88.82% of outstanding) represented at meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219627,"accession_number":"0001193125-24-164509","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-06-20T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Spectrum Brands completes $1.16B tender offer for senior notes; redeems remaining 2026 Notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Tender offer expired June 18; accepted €407.34M of 2026 Notes, $284.23M of 2029, $142.48M of 2030, $285.68M of 2031.","Aggregate purchase price including accrued interest approx $1.1605 billion.","Remaining €17.66M of 2026 Notes redeemed at 100.667% of principal plus accrued interest.","Parent Spectrum Brands Holdings guarantees 2031 Notes under guarantee agreement dated June 20, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219626,"accession_number":"0001193125-24-162649","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spectrum Brands to redeem €17.66M of 4.00% senior notes due 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Redeeming €17,660,000 aggregate principal of 4.00% senior notes due 2026.","Redemption date set for June 20, 2024.","Redemption price per indenture plus accrued and unpaid interest.","Notice given to U.S. Bank Trust Company as trustee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219625,"accession_number":"0001193125-24-154321","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-06-04T23:59:59+00:00","items":["1.01","5.07","8.01","9.01"],"status":"ready","headline":"Spectrum Brands upsizes tender offer to $1.16B, accepts 95.8% of 2026 notes, prorates 2031 notes at 76%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Upsized maximum purchase price from $925M to $1,160.5M for tender offer across four note series.","Accepted €407.34M (95.84%) of 2026 notes, $284.23M (98.32%) of 2029, $142.48M (91.49%) of 2030 notes.","For 2031 notes, accepted $285.68M of $375.11M tendered (76% proration); Total Consideration $971.88/$1,000.","Executed supplemental indentures to eliminate restrictive covenants and shorten redemption notice periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219624,"accession_number":"0001193125-24-148139","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-05-28T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Spectrum Brands estimates ~$1.2B in Net Proceeds from HHI sale available for asset sale offers","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Remaining Net Proceeds: $1.2B after costs (-$0.1B), taxes (-$0.8B), debt repayment (-$1.8B), capex (-$0.5B).","SBI launched tender offers on May 20, 2024 for 2026/2029/2030/2031 notes; outcomes may affect Asset Sale Offer requirements.","Asset Sale Offer required only if Net Proceeds exceed $50M on June 20, 2024; current $1.2B far exceeds threshold.","Company reserves right to change tender terms, redeem outstanding notes, or defease covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219623,"accession_number":"0001193125-24-146032","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Spectrum Brands issues $350M of 3.375% Exchangeable Senior Notes due 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Principal amount $350M, including full exercise of option for additional $50M.","Interest rate 3.375% per annum, semi-annual, matures June 1, 2029.","Initial exchange price ~$121.86 per share (8.2060 shares per $1,000 principal).","Capped call transactions cost $25.2M, cap price $159.36, to reduce dilution.","Net proceeds: ~$50M for stock repurchase, remainder for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219622,"accession_number":"0001193125-24-143278","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-05-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Spectrum Brands prices $300M exchangeable notes due 2029; $50M share repurchase concurrent","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Raises $300M in 3.375% exchangeable senior notes due 2029; net proceeds ~$291.6M after underwriter discount.","Initial exchange price ~$121.86/share (30% premium over May 20 closing price); exchange rate 8.2060 shares/$1,000.","Proceeds to fund $21.6M capped call (cap ~$159.36/share, 70% premium) and $50M SPB common stock buyback.","Notes are senior unsecured, guaranteed by parent and domestic subs; redeemable after June 7, 2027 under conditions.","Holders can require repurchase at 100% principal upon a fundamental change; initial purchasers have $50M greenshoe option."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219621,"accession_number":"0001193125-24-142210","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Spectrum Brands launches $300M exchangeable notes, $500M buyback, $925M debt tender","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Subsidiary offers $300M exchangeable senior notes due 2029; initial purchasers have option for additional $50M.","Board authorizes new $500M common stock repurchase program, replacing prior $80M program; up to $100M repurchased concurrently with note pricing.","Tender offer for up to $925M aggregate purchase price of 2026, 2029, 2030, and 2031 senior notes; consent solicitation to amend covenants for first three series.","Net proceeds from notes used to fund capped call transactions, repurchase $100M of stock, and for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219620,"accession_number":"0000109177-24-000019","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q2 net income $49.9M vs loss prior year; adjusted EBITDA up 120%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $718.5M (-1.5% YoY); net income from continuing ops $49.9M vs ($75.0M) last year.","Adjusted EBITDA $112.3M, up 120.2% YoY; adjusted EBITDA margin 15.6% (+860bps).","Gross margin improved 870bps to 38.1% on lower cost inventory and favorable mix.","Repurchased 1.2M shares for $98M in Q2; new Black & Decker license through 2035.","FY2024 guidance: net sales relatively flat, adjusted EBITDA (ex-investment income) low double-digit growth."],"consensus_eps_estimate":null,"consensus_eps_actual":2.8,"consensus_revenue_estimate":null,"consensus_revenue_actual":1410700000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239424,"accession_number":"0000109177-24-000010","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2024-02-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q1 Adj. EBITDA surges 112% to $84.3M; net sales down 3%; maintains FY24 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $692.2M (-3.0% YoY); organic sales down 4.6% on weak small kitchen appliance demand and SKU exits.","Net income from continuing ops $17.5M vs prior-year loss of $40.0M; diluted EPS $0.51 vs -$0.99.","Adjusted EBITDA $84.3M (+111.8% YoY); excludes $23M investment income, adjusted EBITDA was $61.3M.","Repurchased 3.3M shares for $243M in Q1; total 11M shares for $826M since HHI sale close.","Fiscal 2024 framework maintained: net sales low single-digit decline; adj. EBITDA (ex-investment income) high single-digit growth."],"consensus_eps_estimate":null,"consensus_eps_actual":0.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":692200000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256957,"accession_number":"0000109177-23-000047","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-11-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q4 net income $53.5M, adj EBITDA $113.7M; guides FY2024 high-single-digit EBITDA growth","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $740.7M, down 1.2% YoY; organic net sales down 2.7% excluding FX.","Adjusted EPS from continuing ops $1.36 vs $0.48 YoY; net income swung from loss of $24.8M to profit $53.5M.","GPC segment sales +1.6%; H&G +7.2%; HPC -6.3% due to weaker kitchen appliance demand.","Fiscal 2024 outlook: low single-digit net sales decline, high single-digit adj EBITDA growth; ended year in net cash position.","Reduced inventory by over $300M; repaid $1.6B debt from HHI sale; targeting long-term net leverage of 2.0-2.5x."],"consensus_eps_estimate":null,"consensus_eps_actual":45.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":2918800000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256956,"accession_number":"0000109177-23-000044","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-10-20T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Spectrum Brands enters $500M revolving credit facility maturing Oct 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Credit agreement provides $400M USD tranche and $100M multicurrency tranche.","Maturity extended to October 19, 2028; proceeds for general corporate purposes.","Financial covenant limits total net leverage ratio to 6.00:1.00 tested quarterly.","Refinances prior credit facility; no mandatory prepayment except for over-exposure.","Interest rate margins range from 0.00%–2.00% based on leverage ratio."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":274282,"accession_number":"0000109177-23-000037","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands closes $4.3B HHI sale, Q3 adj EBITDA up 23% to $98.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Completed sale of HHI for $4.3B cash; net proceeds $3.8B after tax and fees.","Ended Q3 with net cash: $2.9B cash vs $2.1B debt; repaid $1.55B debt, entered $500M ASR.","Net sales $735.5M, down 10.1% YoY; organic sales down 9.7%.","Net loss from continuing ops $172.2M vs prior year income $3.0M; adjusted EPS $0.75 vs $0.54.","Guidance: FY23 net sales decline mid single-digits; adj EBITDA excl investment income down low to mid single-digits."],"consensus_eps_estimate":null,"consensus_eps_actual":43.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":2178100000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":274281,"accession_number":"0000109177-23-000034","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-08-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Spectrum Brands shareholders approve all five proposals at 2023 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elect Sherianne James, Leslie Campbell, Joan Chow, Gautam Patel, Hugh Rovit as directors with 94%-99% approval.","Ratify KPMG as auditor for FY2023 with 98.15% of votes cast (35,215,114 for).","Advisory say-on-pay approved by 95.25% of votes cast (32,271,597 for).","Frequency of future advisory votes set to 'Every Year' with 95.93% support.","Amended & Restated 2020 Omnibus Equity Plan approved with 90.72% of votes cast."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291505,"accession_number":"0000109177-23-000032","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-06-20T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Spectrum Brands enters $500M ASR, repays $1.1B debt, redeems $450M notes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered $500M accelerated share repurchase with Goldman Sachs; initial delivery of ~5.3M shares.","New $1.0B share repurchase program authorized, replacing prior program.","Repaid $392M in term loans and $715M in revolving loans on June 20, 2023.","Will redeem $449.97M 5.75% Senior Notes due 2025 on July 20, 2023.","Actions funded by cash from sale of Hardware & Home Improvement segment to ASSA ABLOY."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291504,"accession_number":"0000109177-23-000030","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-06-20T23:59:59+00:00","items":["2.01","9.01","7.01"],"status":"ready","headline":"Spectrum Brands closes $4.3B sale of HHI to ASSA ABLOY; net proceeds ~$3.6B","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Net proceeds ~$3.6B after taxes/fees; plans to repay $1.6B debt including term loan, revolver, and 5.75% notes due 2025.","Board approved new $1B stock repurchase program; $500M accelerated share repurchase to commence.","Intends to become pure-play Global Pet Care and Home & Garden; will separate Home & Personal Care business in medium term.","Pro forma net loss from continuing ops: $131M for H1 FY2023 and $103M for FY2022.","$600M revolver remains available; expects net cash position by end of fiscal 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291503,"accession_number":"0000109177-23-000027","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-06-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spectrum Brands gets Mexican clearance for $4.3B HHI sale to ASSA ABLOY; closing by June 30","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Mexican competition authority cleared $4.3B cash sale of HHI segment to ASSA ABLOY.","Last regulatory approval obtained; closing subject to customary conditions.","Closing expected on or before June 30, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291502,"accession_number":"0000109177-23-000017","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-05-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q2 net loss $75M; HHI sale to ASSA ABLOY for $4.3B on track by June","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales down 9.7% to $729.2M; net loss from continuing ops $75M vs $25.1M loss last year.","Adjusted EBITDA from continuing ops $51M, down 35.4% from $79M.","HHI divestiture to ASSA ABLOY for $4.3B expected to close no later than end of June 2023; DOJ lawsuit resolved.","Updates FY2023 guidance: net sales decline mid single-digits, adjusted EBITDA down low to mid single-digits.","Inventory reduced $170M in quarter; cash $328M, debt $3.22B."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.82,"consensus_revenue_estimate":null,"consensus_revenue_actual":1442500000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291501,"accession_number":"0000950103-23-006956","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-05-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spectrum Brands settles DOJ challenge to $4.3B HHI sale to ASSA ABLOY","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Reached stipulation with DOJ to settle its lawsuit blocking the $4.3B cash sale of HHI segment to ASSA ABLOY.","Only outstanding regulatory approval is from Mexican competition authority.","Transaction expected to close on or before June 30, 2023.","CEO David Maura says settlement is a critical milestone toward closing the deal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":312298,"accession_number":"0000109177-23-000009","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2023-02-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands reports Q1 net loss $40M, adjusted EBITDA $39.8M, HHI sale on track for $4.3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $713.3M, down 5.8% YoY; net loss from continuing ops $40.0M vs $30.2M loss prior year.","Adjusted EBITDA $39.8M vs $49.3M prior year; adjusted EPS -$0.32 vs -$0.06 prior year.","HHI divestiture expected to close by end of June 2023, yielding $4.3B cash proceeds.","Amended credit agreement temporarily raises max leverage ratio to 7.0x until HHI close or Sep 2023.","Fiscal 2023 guidance: net sales expected flat YoY; still targeting low double-digit adjusted EBITDA growth."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":713300000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330862,"accession_number":"0000109177-22-000031","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-11-18T23:59:59+00:00","items":["1.01","2.03","2.02","9.01"],"status":"ready","headline":"Spectrum Brands reports Q4 net loss $24.8M; adjusted EBITDA down 5.6%; guides low-single-digit sales growth for FY23","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $749.5M, -1.1% YoY; organic sales down 7.3% due to retailer destocking and unfavorable FX.","Net loss from continuing ops $24.8M ($0.61 diluted EPS loss); adjusted EPS $0.48 vs $0.38 prior year.","Adjusted EBITDA from continuing ops $74.7M, -5.6% YoY; H&G segment down 48.4% due to weather and demand softness.","FY23 guidance: low single-digit net sales growth, low double-digit adjusted EBITDA growth; expect $4.3bn HHI sale by June 2023.","Credit agreement amended to temporarily raise net leverage covenant to 7.0x from 6.0x through HHI closing."],"consensus_eps_estimate":null,"consensus_eps_actual":1.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":3132500000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348390,"accession_number":"0000950142-22-002720","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-09-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"DOJ sues to block Spectrum Brands' $4.3B sale of HHI to ASSA ABLOY; company vows to fight","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["DOJ filed lawsuit on Sept. 15, 2022 to block Spectrum Brands' sale of its Hardware & Home Improvement division to ASSA ABLOY for $4.3B in cash.","Spectrum Brands and ASSA ABLOY will vigorously oppose the DOJ's action and are confident of prevailing in litigation.","Spectrum says it made multiple proposals to address DOJ concerns, all rejected without valid basis.","CEO David Maura stated the DOJ's choice to pursue litigation places political ideology above consumers and workers.","Transaction announced Sep. 8, 2021; DOJ action threatens completion and strategic shift to pure-play Pet Care and Home & Garden."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348389,"accession_number":"0000950142-22-002607","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-08-30T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Spectrum Brands EVP/COO and SVP/CHRO to depart as part of pure-play strategy","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Randal Lewis (EVP/COO) and Rebeckah Long (SVP/CHRO) leaving; both remain employees until Dec 31, 2022.","Lewis may serve part-time up to 9 months after Dec 31 at $50,000/month; Long's full-time ends Dec 31.","Separations support creating a pure-play Global Pet Care and Home and Garden company and reducing short-term spending.","Both receive base salary continuation, health benefits, and vesting of certain equity awards per existing agreements.","Lewis gets 18 months' base salary plus target bonus; Long gets 12 months' base salary continuation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348388,"accession_number":"0000109177-22-000026","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-08-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Reports Fiscal Q3 2022 Net Sales Up 10% but Adjusted EBITDA Falls 19.4%; Lowers Full-Year Outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales increased 10.0% to $818.0M; organic net sales up 4.4% despite consumer demand softening.","Adjusted EBITDA from continuing operations decreased 19.4% to $80.1M; net income of $3.0M.","Company completed internal separation of Home & Personal Appliances business for potential spin; HHI sale to ASSA ABLOY for $4.3B still expected.","Eliminated 17% of global salaried positions to save over $30M annually; pivoted strategy to maximize cash flow.","Revised fiscal 2022 framework: mid-single-digit top-line growth with mid-twenties EBITDA decline; expects earnings power over $400M adjusted EBITDA."],"consensus_eps_estimate":null,"consensus_eps_actual":1.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":2383000000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348387,"accession_number":"0000950142-22-002465","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-08-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Spectrum Brands annual meeting elects three Class I directors, approves auditor and say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected Sherianne James (95.81% for), Leslie Campbell (99.23%), Joan Chow (98.64%) as Class I directors.","Ratified KPMG as independent auditor for FY2022: 38,016,177 for (99.64% approval), 126,534 against.","Advisory say-on-pay approved: 31,430,479 votes for (82.38% approval), 4,786,247 against.","93.56% of outstanding shares represented (38,153,953 of 40.8M shares) as of June 15, 2022 record date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348386,"accession_number":"0000950142-22-002277","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-07-21T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Spectrum Brands CAO Karpel to resign; CFO Smeltser assumes duties","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Daniel L. Karpel resigns as Chief Accounting Officer, effective August 9, 2022.","Departure is to pursue another opportunity, not related to any disagreement with the Company.","EVP & CFO Jeremy W. Smeltser will assume CAO responsibilities immediately after resignation.","No change in compensation for Smeltser based on the additional role."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348385,"accession_number":"0000109177-22-000020","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-07-15T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Spectrum Brands extends closing deadline for $4.3B ASSA ABLOY sale to June 30, 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment pushes original End Date from Dec 8, 2022 to June 30, 2023.","All other terms of the Purchase Agreement, including termination fees, unchanged.","Both parties continue engaging with antitrust regulators and expect to close transaction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":365080,"accession_number":"0000109177-22-000011","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q2 net loss $25.1M; adjusted EBITDA down 26.5%; updates FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales +6.2% to $807.8M; organic +2.0% despite supply chain disruptions.","Net loss from continuing ops $25.1M vs $4.6M loss a year ago; adjusted EPS $0.41.","Adjusted EBITDA $79M, down 26.5% YoY; margins pressured by inflation ahead of pricing.","Updates FY2022 framework: mid-to-high teens net sales growth, mid single-digit EBITDA growth.","Tristar acquisition added $49.1M in sales; HHI sale to ASSA ABLOY for $4.3B on track."],"consensus_eps_estimate":null,"consensus_eps_actual":0.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":1565000000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384679,"accession_number":"0000109177-22-000007","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-02-18T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Spectrum Brands closes acquisition of Tristar kitchen appliances and cookware business","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Completed acquisition of Tristar Products' kitchen appliances and cookware business.","Borrowed $350 million in incremental revolving loans under Third Amendment to credit agreement.","Proceeds from borrowing may finance working capital, general corporate purposes, and the acquisition.","CEO David Maura expressed confidence in creating a leading global home appliances and personal care company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384678,"accession_number":"0000109177-22-000002","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2022-02-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Spectrum Brands reports Q1 net loss; acquires Tristar for $325M cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquires Tristar home appliances/cookware for $325M cash at close, up to $125M earnouts; close expected within 90 days.","Q1 net loss from continuing ops $30.2M vs profit $15.7M YoY; adjusted EBITDA $49.3M, down 53.4%.","Net sales $757.2M +2.9% YoY; organic +1.6%; supply chain and inflation pressures reported.","Inflation expectation raised to $310-330M; maintains FY22 framework of mid-to-high single-digit sales growth.","HPC adj. EBITDA margin 7.2% (-620bps); GPC 12.8% (-670bps); H&G negative; share repurchases $110M in quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":402541,"accession_number":"0000109177-21-000054","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2021-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q4 continuing ops adj EPS $0.38, revenue +2.8%; sees mid-high single-digit sales growth in FY22","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 continuing ops net sales $757.8M (+2.8% YoY); organic sales down 3.4% vs strong prior-year quarter.","Q4 continuing ops adj EPS $0.38 (vs $0.39 prior); adjusted EBITDA $79.1M (+8.5%).","Full-year continuing ops net sales $2,998.1M, adj EPS $2.88, operating cash flow $288M.","FY2022 guidance: mid-to-high single-digit sales growth, low single-digit adj EBITDA growth; expects $230-250M additional inflation.","HHI divestiture to ASSA ABLOY for $4.3B on track; regulatory approvals advancing."],"consensus_eps_estimate":null,"consensus_eps_actual":4.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":2998100000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":421482,"accession_number":"0000950103-21-013749","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2021-09-09T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Spectrum Brands sells Hardware & Home Improvement unit to ASSA ABLOY for $4.3B cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price of $4.3 billion in cash, subject to customary purchase price adjustments.","Business includes Kwikset, Weiser, Baldwin, Pfister, National Hardware, and other brands.","Closing subject to regulatory approvals, antitrust clearance, and other customary conditions.","Seller expects to use net proceeds to reduce leverage, invest in organic growth, and return capital to shareholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":421481,"accession_number":"0000109177-21-000048","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2021-09-08T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Spectrum Brands sells HHI segment to ASSA ABLOY for $4.3B cash; expects to delever to ~2.5x","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price of $4.3B represents over 14x expected FY21 Adjusted EBITDA for HHI.","Net proceeds of ~$3.5B will be used to repay debt, invest in growth, fund acquisitions, and return capital.","Remaining business (Global Pet Care, Home & Garden, Home and Personal Care) had LTM net sales of $3.0B and adj. EBITDA of $386M (13.0% margin).","Quarterly dividend of $0.42 per share to be maintained; sale expected to close after regulatory approvals.","HHI results will be reported as discontinued operations starting Q4 FY2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":421480,"accession_number":"0000109177-21-000040","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2021-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spectrum Brands Q3 net sales up 18.1% to $1.16B; adj EBITDA up 1.8% to $167.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income from cont ops $35.9M vs $137.6M year ago, hit by prior year gains on Energizer stock and debt extinguishment.","Adjusted EPS from cont ops $1.57, up 15.4% vs $1.36; gross margin down 40 bps on higher freight and input costs.","HHI segment sales +48.8% to $419M; HPC sales +9.5%, GPC +6.5%, H&G +0.7%.","Closed Rejuvenate acquisition for ~$300M on May 28; repurchased $10.2M of shares in Q3.","Reiterated FY2021 guidance: mid-teens net sales and adj EBITDA growth, adj free cash flow $260-280M."],"consensus_eps_estimate":null,"consensus_eps_actual":3.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":3457500000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":421479,"accession_number":"0000109177-21-000034","cik":109177,"company_name":"Spectrum Brands Holdings, Inc.","ticker":"SPB","form_type":"8-K","filed_at":"2021-08-03T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Spectrum Brands shareholders approve board declassification; all proposals pass","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholders approved de-classifying the Board of Directors with 99.90% of votes cast (37.2M for).","Charter Amendment filed Aug 3, 2021, ending staggered three-year terms for directors.","Class III directors Maura (96.5%) and Polistina (95.0%) re-elected; two-year term from 2022 onward.","KPMG ratified as auditor (99.54%), and executive compensation received 97.05% advisory approval.","Turnout was 92.28% of outstanding shares (39.3M shares present)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1799413777.2376716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}