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Spectrum Brands Holdings Inc (SPB.N)

SPB.N on New York Stock Exchange

140.57USD
24 Mar 2017
Change (% chg)

$0.56 (+0.40%)
Prev Close
$140.01
Open
$139.83
Day's High
$141.38
Day's Low
$139.83
Volume
55,473
Avg. Vol
137,166
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$143.20
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$106.40

Latest Key Developments (Source: Significant Developments)

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

Spectrum Brands increases revolving credit facility
Monday, 6 Mar 2017 04:38pm EST 

Spectrum Brands Holdings Inc : Spectrum Brands increases revolving credit facility, extends its maturity and reduces interest rate margins and unused commitment fees . Spectrum Brands-amendment modified certain terms of credit agreement's revolving credit facility to increase commitment from $500 million to $700 million . Spectrum Brands Holdings- co's subsidiaries, spectrum brands, sb/rh Holdings Llc entered second amendment to credit agreement dated as of June 23, 2015 .Spectrum brands holdings - second amendment to extend revolving credit facility's maturity from June 23, 2020 to march 6, 2022.  Full Article

Spectrum Brands to reaffirm 2017 guidance at CAGNY conference
Thursday, 23 Feb 2017 06:30am EST 

Spectrum Brands Holdings Inc : Spectrum Brands Holdings to reaffirm fiscal 2017 guidance at CAGNY conference . Will reaffirm fiscal 2017 guidance during its presentation today at 2017 consumer analyst group of new york conference . Continues to expect fiscal 2017 reported net sales to increase above category rates .Also continues to expect fiscal 2017 adjusted free cash flow will be between $575-$590 million.  Full Article

HRG Group Inc reports first quarter results
Tuesday, 7 Feb 2017 04:30pm EST 

HRG Group Inc : HRG Group Inc reports first quarter results . Q1 revenue fell 1.6 percent to $1.19 billion . Q1 loss per share $0.13 from continuing operations .HRG Group Inc says in light of strategic review process, HRG has elected to discontinue hosting quarterly conference calls.  Full Article

Spectrum Brands Holdings reports 2017 first quarter results
Thursday, 26 Jan 2017 06:30am EST 

Spectrum Brands Holdings Inc : Spectrum brands holdings reports fiscal 2017 first quarter results, reaffirms outlook for 8th consecutive year of record financial performance . Q1 adjusted non-GAAP earnings per share $1.21 . Q1 earnings per share $1.10 . Q1 earnings per share view $1.16 -- Thomson Reuters I/B/E/S . Q1 sales $1.21 billion versus i/b/e/s view $1.23 billion . Spectrum Brands Holdings -continue to expect top-line growth above category rates, strong bottom-line growth and free cash flow increase of up to 10 percent in 2017 . Spectrum Brands Holdings Inc - fiscal 2017 free cash flow is projected to be approximately $575-$590 million . Spectrum Brands Holdings - expects 2017 net sales to grow above category rates, along with anticipated negative impact from foreign exchange of about 100 to 150 basis points . Spectrum Brands Holdings inc - capital expenditures are expected to be in range of $110 million to $120 million in FY 2017 .Spectrum Brands Holdings Inc sees 2017 free cash flow is projected to be approximately $575-$590 million.  Full Article

Spectrum Brands reports Q4 earnings per share $1.49
Thursday, 17 Nov 2016 06:30am EST 

Spectrum Brands Holdings Inc - : Spectrum brands holdings reports record fiscal 2016 results . Sees 2017 capital expenditures in range of $110 million to $120 million, including rollover spending from fiscal 2016 . Spectrum brands -"As we look to fiscal 2017, we plan for above category top-line and bottom-line growth and a free cash flow increase of up to 10 percent" . Gross profit margin in Q4 38.9 percent, compared to 35.7 percent last year . Fiscal 2017 adjusted free cash flow is projected to be approximately $575-$590 million compared to $535 million in fiscal 2016 . See fiscal 2017 reported net sales to grow above category rates,with expected negative impact from forex of about 100 - 150 basis points . Spectrum brands holdings reports record fiscal 2016 results . Q4 earnings per share view $1.29 -- Thomson Reuters I/B/E/S . Q4 sales $1.25 billion versus I/B/E/S view $1.33 billion . Q4 adjusted earnings per share $1.31 .Q4 earnings per share $1.49.  Full Article

Spectrum Brands reduces debt in excess of $410 mln
Tuesday, 27 Sep 2016 06:30am EDT 

Spectrum Brands Holdings Inc : Spectrum Brands Holdings reduces debt in excess of $410 million, expects to end fiscal 2016 with total leverage below 4 times .Reiterated expectations for fiscal 2016 adjusted net cash provided from operating activities to be between $505-$515 million.  Full Article

Spectrum Brands launches offering to reprice all of its term loans under its credit agreement
Thursday, 22 Sep 2016 11:40am EDT 

Spectrum Brands Holdings : Spectrum Brands launches offering to reprice all of its U.S. dollar term loans under its credit agreement . Spectrum Brands-New term loans are expected to carry lower interest rate margins but otherwise be on same terms, including maturity date .Spectrum Brands Holdings says expects to close this repricing in October of 2016.  Full Article

Spectrum Brands Holdings Q3 non-gaap EPS $1.73
Thursday, 28 Jul 2016 06:30am EDT 

Spectrum Brands Holdings Inc : Fiscal 2016 free cash flow is projected to be approximately $505-$515 million compared to $454 million in fiscal 2015 . Spectrum brands holdings reports record fiscal 2016 third quarter results . Q3 earnings per share $1.71 . Q3 sales $1.36 billion versus I/B/E/S view $1.36 billion . Q3 earnings per share view $1.69 -- Thomson Reuters I/B/E/S . Expects fiscal 2016 net sales, as reported, to increase in high-single digit range compared to fiscal 2015 .Capital expenditures, which were $89.1 million in fiscal 2015, expected to be in range of $100 million to $110 million for fiscal 2016.  Full Article

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BRIEF-Spectrum Brands offers to reprice all of its U.S. Dollar term loans under its credit agreement

* Spectrum Brands launches offering to reprice all of its U.S. Dollar term loans under its credit agreement