secwatch.observer — SEC 8-K summary
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Issuer:     Spectrum Brands Holdings, Inc. (SPB)
CIK:        0000109177
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0000109177-25-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectrum Brands Q4 net sales down 5.2%; adj. EBITDA down 8%; guides flat-to-low-single-digit FY26
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109177/000010917725000039/0000109177-25-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109177/000010917725000039/spb-20251113.htm
  HTML page:      https://secwatch.observer/filing/0000109177-25-000039

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