SPB
Spectrum Brands Holdings, Inc.60.20
-1.38-2.24%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.46BP/E (TTM)
15.64Basic EPS (TTM)
3.85Dividend Yield
0.03%Recent Filings
10-K
8-K
8-K
CFO transition for cost savings
Spectrum Brands Holdings replaced CFO Jeremy Smeltser with internal executive Faisal Qadir on September 3, 2025, to cut spending without any disputes. Smeltser stays on until December 31, 2025, for transition, securing 18 months' severance and pro-rata bonuses. Qadir, a 12-year veteran, steps up with a $450,000 base salary starting Fiscal 2026. Leadership continuity aids cost controls amid fiscal pressures.
8-K
Q3 sales drop 10.2% on tariffs
Spectrum Brands reported fiscal Q3 2025 net sales of $699.6 million, down 10.2% from $779.4 million last year, hammered by tariff-driven supply pauses from China, stalled pricing talks with retailers, and slumping demand in pet care and personal care amid wet weather hitting garden sales. Adjusted EBITDA fell 27.9% to $76.6 million, yet net income from continuing operations edged up to $20.5 million on lower interest and taxes. Tariff pricing now covers all major customers; they're targeting $160 million in free cash flow for the year. Tough calls paid off in July's sales rebound.
10-Q
Q3 FY2025 results
Spectrum Brands posted Q3 FY2025 net sales of $699.6M, down 10.2% y/y but flat q/q (derived), with gross margin steady at 37.8% amid pricing offsets to tariff pressures. Operating income fell to $31.3M from $47.7M y/y, hit by $7.8M impairment on a Wisconsin office lease, while diluted EPS from continuing operations held at $0.83, aligning with 25.0M shares. Cash dipped to $122.0M, offset by $388.5M revolver availability for $510.5M liquidity; free cash flow not disclosed in the 10-Q. HPC and GPC segments, over 70% of sales, drove declines from supply pauses and soft demand, yet cost controls cushioned blows. Tariffs loom large.
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