---
schema_version: "secwatch.filing_event.v1"
accession: "0000109177-23-000047"
form_type: "8-K"
ticker: "SPB"
cik: "0000109177"
company_name: "Spectrum Brands Holdings, Inc."
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-07T23:50:13.743029+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Spectrum Brands Q4 net income $53.5M, adj EBITDA $113.7M; guides FY2024 high-single-digit EBITDA growth

## Summary
- 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.

## SEC filing metadata
- accession: 0000109177-23-000047
- form_type: 8-K
- ticker: SPB
- cik: 0000109177
- company_name: Spectrum Brands Holdings, Inc.
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/109177/000010917723000047/0000109177-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/109177/000010917723000047/spb-20231117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000109177-23-000047
- JSON: https://secwatch.observer/filing/0000109177-23-000047.json
- Plain text: https://secwatch.observer/filing/0000109177-23-000047.txt

## Key facts
- Earnings Releases
  Spectrum Brands Holdings, Inc. reported fiscal 2024 results: revenue Low Single-Digit Net Sales Decline.
  - Period: fiscal 2024
  - Revenue: Low Single-Digit Net Sales Decline
  - Result: guidance update
  source text: The Company Expects to Deliver Low Single-Digit Net Sales Decline and High Single-Digits Adjusted EBITDA Growth for Fiscal 2024, Excluding the Impact of Investment Income, with Adjusted EBITDA Growth in All Business Units
  evidence_url: https://www.sec.gov/Archives/edgar/data/109177/000010917723000047/0000109177-23-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.