earnings
confidence high
sentiment positive
materiality 0.80
Spectrum Brands Q1 net sales up 1.2%; adjusted EPS $1.02 vs $0.63; maintains FY outlook
Spectrum Brands Holdings, Inc.
2025-Q1 EPS reported
$0.84
revenue$700,200,000
- 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.