earnings
confidence high
sentiment negative
materiality 0.75
Spectrum Brands Q2 sales down 6%, net income plummets 96%; suspends FY25 guidance
Spectrum Brands Holdings, Inc.
2025-Q2 EPS
reported $0.90
vs consensus $1.29
▼ miss
(-30.5%)
- 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.