Spectrum Brands Holdings, Inc. Stock News

Spectrum Brands (SPB) shares fell Friday after the parent company of Remington and George Foreman brands posted lower-than-estimated earnings per share and a muted sales outlook for the upcoming year.

Spectrum Brands Holdings, Inc. (NYSE:SPB ) Q4 2024 Earnings Conference Call November 15, 2024 9:00 AM ET Company Participants Joanne Chomiak - Senior Vice President & Treasury David Maura - Chairman & Chief Executive Officer Jeremy Smeltser - Chief Financial Officer Conference Call Participants Peter Grom - UBS Bob Labick - CJS Securities Chris Carey - Wells Fargo Securities Operator Good day, ...

“Challenging economic and geopolitical conditions” are impacting consumer demand, according to its CEO.

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, today reported results from continuing operations for the fourth quarter ended September 30, 2024. “The team and I are proud of our fourth...

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that its Board of Directors today approved a 12% increase in its dividend payout, and declared a quarterly dividend of $0.47 per share on the Common Stock of the Company. This new quarterly dividend rate represents an annualized dividend yield of 2% based on today's closing stock price. The dividend is payabl...

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands”), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today it will release its fiscal 2024 fourth quarter financial results for the period ended September 30, 2024 before the markets open on Friday,...

The last quarter saw a 6% increase in net sales and a 24% rise in operating income, indicating a recovery after its 2022 challenges. The planned sale of the HPC division, which is a move I fully support, should further simplify operations and improve profitability. However, management hasn't committed to a timeline. Recent buybacks demonstrate confidence in the current share price. Additionally...

Dublin, Sept. 27, 2024 (GLOBE NEWSWIRE) -- The "Pet Grooming Product Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering. The global pet grooming product market is expected to grow with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are the increasing knowledge regarding the health of pets, growing hum...