secwatch.observer — SEC 8-K summary
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Issuer:     Spectrum Brands Holdings, Inc. (SPB)
CIK:        0000109177
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000109177-25-000012
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectrum Brands Q2 sales down 6%, net income plummets 96%; suspends FY25 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109177/000010917725000012/0000109177-25-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109177/000010917725000012/spb-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000109177-25-000012

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