secwatch.observer — SEC 8-K summary
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Issuer:     Spectrum Brands Holdings, Inc. (SPB)
CIK:        0000109177
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0000109177-26-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectrum Brands Q2 net sales +4.9%, adjusted EBITDA +17.8%; partners with Oaktree in HPC
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- Net income from continuing operations $22.5M vs $1.8M; adjusted EPS $1.25 vs $0.68.
- Global Pet Care net sales +11.2% (organic +7.6%); Home & Garden +11.3% (organic +11.2%).
- Home & Personal Care net sales -5.5% but adjusted EBITDA +11.0% to $8.1M; Oaktree invests $127M in preferred equity and debt, Spectrum retains ~73%.
- FY2026 adjusted EBITDA guidance raised to low to mid single digit growth; net sales still flat to up low single digits; ~50% adjusted FCF conversion.
- Net debt leverage 1.66x; total liquidity $595.9M with $125.1M cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109177/000010917726000018/0000109177-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109177/000010917726000018/spb-20260507.htm
  HTML page:      https://secwatch.observer/filing/0000109177-26-000018

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