{"filings":[{"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}],"next_cursor":null}