earnings
confidence high
sentiment neutral
materiality 0.65
Spectrum Brands Q1 net sales down 3.3% to $677M; adj. EBITDA $62.6M, down 19.5%
Spectrum Brands Holdings, Inc.
2026-Q1 EPS reported
$1.21
revenue$677,000,000
- Net income from continuing ops $29.4M ($1.25 diluted EPS); adjusted EPS $1.40, up 37.3%.
- Global Pet Care net sales +8.3% with returning growth; H&G -19.8% due to retailer inventory timing; HPC -7.6%.
- Adjusted EBITDA margin 9.2% vs 11.1% prior year; decline driven by lower volume and tariff costs.
- Repurchased 0.6M shares for $36M; new $300M share repurchase authorization approved.
- Reiterates FY2026 framework: flat to low single digit revenue growth, low single digit adjusted EBITDA growth.