{"schema_version":"secwatch.filing_event.v1","accession":"0000109177-24-000010","form_type":"8-K","ticker":"SPB","cik":"0000109177","company_name":"Spectrum Brands Holdings, Inc.","filed_at":"2024-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.340772+00:00","generated_at":"2026-06-06T05:17:44.087380+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Spectrum Brands Q1 Adj. EBITDA surges 112% to $84.3M; net sales down 3%; maintains FY24 guidance","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000109177-24-000010","json":"https://secwatch.observer/filing/0000109177-24-000010.json","markdown":"https://secwatch.observer/filing/0000109177-24-000010.md","text":"https://secwatch.observer/filing/0000109177-24-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/109177/000010917724000010/0000109177-24-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/109177/000010917724000010/spb-20240208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T05:17:44.087380+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e4fdefc6153538ab30a55ac71aec715312a1de95","claim":"Spectrum Brands Holdings, Inc. reported fiscal first quarter ended December 31, 2023 results: revenue $692.2 million, net income $17.5 million, EPS $0.51 per diluted share.","evidence_excerpt":"Spectrum Brands Holdings Reports Fiscal 2024 First Quarter Results • Net Sales Decreased 3.0% Driven by Lower Consumer Demand in North American Small Kitchen Appliances and the Impact of SKU Rationalizations, Offset by Favorable Foreign Currency and Positive Pricing Adjustments • Net Income from Continuing Operations of $17.5 Million and Adjusted EBITDA of $84.3 Million improved by $57.5 million and $44.5 million, respectively • Excluding Investment Income of $23.0 million, Adjusted EBITDA was $61.3 million • Repurchased 3.3 million shares in Q1 for $243 million • Repurchased 11.0 million shares since the close of HHI through today for $826 million • Maintaining Fiscal 2024 Earnings Framework and Continue to Expect Net Sales to Decline Low Single-Digits compared to Prior Year and, Excluding Investment Income, Adjusted EBITDA to Grow High Single-Digits Middleton, WI, February 8, 2024 - Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global brand","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/109177/000010917724000010/0000109177-24-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended December 31, 2023"},{"label":"Revenue","value":"$692.2 million"},{"label":"Net income","value":"$17.5 million"},{"label":"EPS","value":"$0.51 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}