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Spectrum Brands Holdings Inc (SPB.N)

SPB.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Spectrum Brands to reaffirm FY2017 guidance at Barclays Global Consumer Staples Conference
Wednesday, 6 Sep 2017 06:30am EDT 

Sept 6 (Reuters) - Spectrum Brands Holdings Inc :Spectrum Brands Holdings to reaffirm fiscal 2017 guidance at Barclays Global Consumer Staples Conference.FY2017 earnings per share view $5.60, revenue view $4.99 billion -- Thomson Reuters I/B/E/S.  Full Article

HRG Group Q3 earnings per share $0.01‍​
Friday, 4 Aug 2017 04:30pm EDT 

Aug 4 (Reuters) - HRG Group Inc :HRG Group Inc reports fiscal 2017 third quarter results.Q3 revenue fell 4.3 percent to $1.3 billion.Q3 loss per share $0.01 from continuing operations.HRG Group Inc - ‍ "HRG has not set a definitive schedule to complete its review of strategic alternatives"​.HRG Group Inc -‍ during quarter, incurred incremental costs of $24.9 million from Spectrum Brands' rawhide safety recall; additional restructuring costs of $15.8 million.HRG Group Inc - ‍decrease in qtrly revenues due to lower revenues from consumer products segment coupled with negative effect of foreign exchange rates​.HRG Group Inc qtrly diluted earnings per share $0.01‍​.  Full Article

Spectrum Brands Holdings Q3 adjusted earnings per share $1.71
Thursday, 27 Jul 2017 06:30am EDT 

July 27 (Reuters) - Spectrum Brands Holdings Inc :Spectrum brands holdings reports fiscal 2017 third quarter results.Q3 adjusted earnings per share $1.71.Q3 earnings per share $1.31.Q3 sales $1.3 billion versus i/b/e/s view $1.38 billion.Q3 earnings per share view $1.94 -- Thomson Reuters I/B/E/S.Spectrum brands holdings inc - fiscal 2017 adjusted free cash flow is projected to be approximately $575-$590 million.Spectrum brands holdings inc sees fy 2017 capital expenditures are expected to be in range of $105 million to $115 million.Spectrum brands expects 2017 net sales to grow above category rates, along with anticipated negative impact from foreign exchange of about 70 to 90 basis points.  Full Article

Tourbillon sends letter to Spectrum Brands' board
Thursday, 18 May 2017 09:00am EDT 

May 18 (Reuters) - Spectrum Brands Holdings Inc :Tourbillon sends letter to spectrum brands' board of directors.Tourbillon Capital Partners - urges spectrum brands board to evaluate opportunity to enter into a potential downstream merger with HRG Group.Tourbillon Capital Partners- "believe right transaction with hrg could yield 70-90 pct upside to SPB shares".Tourbillon Capital Partners - expect Spectrum's board to form a special committee and seek approval by a majority of spectrum's minority shareholders.  Full Article

Spectrum Brands Holdings announces definitive agreement to acquire Petmatrix
Monday, 15 May 2017 01:24pm EDT 

May 15 (Reuters) - Spectrum Brands Holdings Inc : :Spectrum Brands Holdings announces definitive agreement to acquire Petmatrix, leading and fast growing rawhide-free dog chews company.Financial terms of accretive, all-cash transaction were not disclosed.Acquisition has been approved by Spectrum Brands' Board of Directors.  Full Article

Spectrum Brands Holdings reports Q2 earnings per share $1.00
Tuesday, 2 May 2017 06:30am EDT 

May 2 (Reuters) - Spectrum Brands Holdings Inc : :Spectrum Brands Holdings reports fiscal 2017 second quarter results, expects solid second half growth.Q2 adjusted earnings per share $1.19.Q2 earnings per share $1.00.Q2 sales $1.17 billion versus I/B/E/S view $1.22 billion.Q2 earnings per share view $1.26 -- Thomson Reuters I/B/E/S.Spectrum Brands Holdings Inc sees fiscal 2017 adjusted free cash flow is projected to be approximately $575-$590 million.Spectrum Brands Holdings Inc sees fiscal 2017 reported net sales to grow above category rates for most categories.Spectrum Brands Holdings Inc sees fy 2017 capital expenditures are expected to be in range of $110 million to $120 million.Q2 earnings per share view $1.26, revenue view $1.22 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $5.91, revenue view $5.12 billion -- Thomson Reuters I/B/E/S.  Full Article

SPECTRUM BRANDS HOLDINGS ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE PETMATRIX
Friday, 28 Apr 2017 08:30am EDT 

April 28 (Reuters) - Spectrum Brands Holdings Inc :SPECTRUM BRANDS HOLDINGS ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE PETMATRIX, LEADING AND FAST GROWING RAWHIDE-FREE DOG CHEWS COMPANY.SPECTRUM BRANDS HOLDINGS INC SAYS FINANCIAL TERMS OF ACCRETIVE, ALL-CASH TRANSACTION WERE NOT DISCLOSED.SPECTRUM BRANDS HOLDINGS INC - PETMATRIX IS ON PACE TO ACHIEVE APPROXIMATELY $75 MILLION IN SALES IN CALENDAR YEAR 2017.SPECTRUM BRANDS HOLDINGS INC - ACQUISITION HAS BEEN APPROVED BY SPECTRUM BRANDS' BOARD OF DIRECTORS.  Full Article

Spectrum Brands Holdings sets quarterly dividend of $0.42 per share
Tuesday, 25 Apr 2017 04:30pm EDT 

April 25 (Reuters) - Spectrum Brands Holdings Inc ::Sets quarterly dividend of $0.42 per share.  Full Article

Spectrum Brands offers to reprice all of its U.S. Dollar term loans under its credit agreement
Thursday, 16 Mar 2017 08:00am EDT 

Spectrum Brands Holdings Inc : Spectrum Brands launches offering to reprice all of its U.S. Dollar term loans under its credit agreement .Spectrum brands expects to close this repricing in April of 2017.  Full Article

Spectrum Brands Holdings to reaffirm fiscal 2017 guidance at Raymond James institutional investors conference
Tuesday, 7 Mar 2017 06:30am EST 

Spectrum Brands Holdings Inc - : Spectrum Brands Holdings to reaffirm fiscal 2017 guidance at Raymond James institutional investors conference . Fy2017 earnings per share view $5.91, revenue view $5.12 billion -- Thomson Reuters I/B/E/S .Continues to expect fiscal 2017 reported net sales to increase above category rates.  Full Article

BRIEF-Spectrum Brands to reaffirm FY2017 guidance at Barclays Global Consumer Staples Conference

* Spectrum Brands Holdings to reaffirm fiscal 2017 guidance at Barclays Global Consumer Staples Conference