SPB Stock Recent News

Spectrum Brands posts soft earnings results for fourth-quarter fiscal 2024. Sales rise 4.5% year over year on higher organic sales.

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, and thank you for standing by. Welcome to Quarter Four 2024 Spectrum Brands Holdings, Inc. Earnings Conference Call.

Spectrum Brands (SPB) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.36 per share a year ago.

“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 quarter and fiscal 2024 results. We exceeded our annual operating plans on virtually every metric and.

SPB's strategy of regularly increasing dividends not only bolsters shareholder income but also reinforces investor confidence in the company.

Spectrum Brands Holdings, Inc. SPB will release earnings results for the fiscal fourth quarter, before the opening bell, on Friday, Nov. 15.

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 payable on December 17, 2024 to shareholders of record as of November 26, 2024. About Spectrum Brands Holdin.

Get a deeper insight into the potential performance of Spectrum (SPB) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.