---
schema_version: "secwatch.filing_event.v1"
accession: "0000109177-24-000019"
form_type: "8-K"
ticker: "SPB"
cik: "0000109177"
company_name: "Spectrum Brands Holdings, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:49:31.017426+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Spectrum Brands Q2 net income $49.9M vs loss prior year; adjusted EBITDA up 120%

## Summary
- 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.

## SEC filing metadata
- accession: 0000109177-24-000019
- form_type: 8-K
- ticker: SPB
- cik: 0000109177
- company_name: Spectrum Brands Holdings, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/109177/000010917724000019/0000109177-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/109177/000010917724000019/spb-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000109177-24-000019
- JSON: https://secwatch.observer/filing/0000109177-24-000019.json
- Plain text: https://secwatch.observer/filing/0000109177-24-000019.txt

## Key facts
- Earnings Releases
  Spectrum Brands Holdings, Inc. updated its fiscal second quarter ended March 31, 2024 guidance (raised).
  - Period: fiscal second quarter ended March 31, 2024
  - Guidance: raised
  - Result: reported results
  source text: On May 9, 2024, the Company issued a press release (the "Earnings Press Release") discussing, among other things, its financial results for its fiscal second quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/109177/000010917724000019/0000109177-24-000019-index.htm

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