earnings
confidence high
sentiment negative
materiality 0.75
Spectrum Brands Q4 net sales down 5.2%; adj. EBITDA down 8%; guides flat-to-low-single-digit FY26
Spectrum Brands Holdings, Inc.
2025-FY EPS reported
$3.86
revenue$2,809,000,000
- Q4 net sales $733.5M (-5.2% YoY), organic -6.6%; adj. EBITDA $63.4M (-8.0%); adj. EPS $2.61 vs $0.97.
- GPC net sales -1.5% (organic -3.3%) but adj. EBITDA +12% to $49.6M on cost cuts; H&G sales +3.2% but EBITDA -11.1%.
- HPC net sales -11.9% (organic -13.4%) on category softness and supply shortages from halted China imports; adj. EBITDA -17.4%.
- FY26 outlook: flat to low single-digit net sales growth, low single-digit adj. EBITDA growth; targeting ~50% FCF conversion.
- Net debt leverage 1.58x; ended quarter with $615.9M liquidity; returned $374.6M to shareholders in FY25.