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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 Reports Q2 Earnings Per Share $0.02 From Continuing Operations
6:30am EDT 

April 26 (Reuters) - Spectrum Brands Holdings Inc ::SPECTRUM BRANDS HOLDINGS REPORTS FISCAL 2018 SECOND QUARTER RESULTS FROM CONTINUING OPERATIONS AND LOWERS FULL-YEAR GUIDANCE.Q2 ADJUSTED EARNINGS PER SHARE $0.56 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE $0.02 FROM CONTINUING OPERATIONS.Q2 SALES $766.1 MILLION VERSUS I/B/E/S VIEW $798.8 MILLION.Q2 EARNINGS PER SHARE VIEW $1.01 -- THOMSON REUTERS I/B/E/S.FY 18 CAPITAL EXPENDITURES ARE EXPECTED TO BE BETWEEN $110 MILLION-$120 MILLION..SPECTRUM BRANDS HOLDINGS - FISCAL 2018 ADJUSTED FREE CASH FLOW IS NOW PROJECTED TO BE ABOUT $485-$505 MILLION COMPARED TO PRIOR GUIDANCE OF $620-$640 MILLION.SAYS FISCAL 2018 ADJUSTED EBITDA FROM DISCONTINUED OPERATIONS IS STILL EXPECTED TO BE APPROXIMATELY $300MLN -$310 MILLION.SPECTRUM BRANDS HOLDINGS - EXPECTS FISCAL 2018 REPORTED NET SALES FROM CONTINUING OPERATIONS TO GROW ABOVE CATEGORY RATES FOR MOST CATEGORIES.SPECTRUM BRANDS HOLDINGS - FISCAL 2018 ADJUSTED EBITDA FROM CONTINUING OPERATIONS IS NOW PROJECTED TO BE ABOUT $600 MILLION -$617 MILLION.  Full Article

Executive Chairman David Maura Named CEO Of Spectrum Brands Holdings
6:30am EDT 

April 26 (Reuters) - Spectrum Brands Holdings Inc ::EXECUTIVE CHAIRMAN DAVID MAURA NAMED CHIEF EXECUTIVE OFFICER OF SPECTRUM BRANDS HOLDINGS.SPECTRUM BRANDS HOLDINGS INC - MAURA SUCCEEDS ANDREAS ROUVÉ, WHO HAS STEPPED DOWN AS CEO AND A DIRECTOR.SPECTRUM BRANDS HOLDINGS INC - ANNOUNCES $1 BILLION SHARE REPURCHASE PROGRAM AND NEW OPERATING STRUCTURE.SPECTRUM BRANDS HOLDINGS-REPURCHASE AUTHORIZATION EFFECTIVE IMMEDIATELY, REPLACES EXISTING 3-YEAR PROGRAM, WHICH HAD REMAINING AUTHORIZATION OF $93 MILLION.SPECTRUM BRANDS HOLDINGS INC - WILL ORGANIZE GLOBALLY AROUND TWO DIVISIONS FOCUSED ON CONSUMER PRODUCTS AND HOME IMPROVEMENT.SPECTRUM BRANDS HOLDINGS INC - RANDAL D. LEWIS HAS BEEN NAMED TO POSITION OF PRESIDENT OF A NEW CONSUMER PRODUCTS GROUP.SPECTRUM BRANDS HOLDINGS INC - PHILIP S. SZUBA WILL CONTINUE TO LEAD HARDWARE & HOME IMPROVEMENT (HHI) DIVISION.SPECTRUM BRANDS HOLDINGS INC - AS PART OF REORGANIZATION, GUY J. ANDRYSICK, PRESIDENT, GLOBAL AUTO CARE, HAS LEFT COMPANY.SPECTRUM BRANDS HOLDINGS INC - CONSUMER PRODUCTS GROUP WILL BE COMPRISED OF PET SUPPLIES, HOME & GARDEN AND AUTO CARE BUSINESSES.SPECTRUM BRANDS HOLDINGS INC - HARDWARE & HOME IMPROVEMENT DIVISION WILL BE COMPRISED OF SECURITY, PLUMBING AND BUILDERS' HARDWARE BUSINESSES.SPECTRUM BRANDS HOLDINGS INC - BELIEVE RECENT RESULTS DO NOT REFLECT SPECTRUM BRANDS' LONG-TERM POTENTIAL.  Full Article

Spectrum Brands Holdings To Reaffirm Fiscal 2018 Guidance At Raymond James Institutional Investors Conference
Tuesday, 6 Mar 2018 06:30am EST 

March 6 (Reuters) - Spectrum Brands Holdings Inc ::SPECTRUM BRANDS HOLDINGS TO REAFFIRM FISCAL 2018 GUIDANCE AT RAYMOND JAMES INSTITUTIONAL INVESTORS CONFERENCE.FY2018 REVENUE VIEW $3.18 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Spectrum Brands Holdings Says No Termination Fee If HRG Deal Terminated
Monday, 26 Feb 2018 11:43am EST 

Feb 26 (Reuters) - Spectrum Brands Holdings::SPECTRUM BRANDS HOLDINGS SAYS IF DEAL WITH HRG GROUP TERMINATED UNDER CERTAIN CIRCUMSTANCES, NO TERMINATION FEE IS PAYABLE - SEC FILING.  Full Article

Spectrum Brands Expects 2018 Adjusted EBITDA From Continuing Operations To Be Between $657-$674 Million
Thursday, 22 Feb 2018 06:30am EST 

Feb 22 (Reuters) - Spectrum Brands Holdings Inc ::SPECTRUM BRANDS HOLDINGS INC - EXPECTS FISCAL 2018 ADJUSTED EBITDA FROM CONTINUING OPERATIONS TO BE BETWEEN $657-$674 MILLION.SPECTRUM BRANDS - SEES GETTING $3.6 BILLION-$3.7 BILLION GROSS PROCEEDS BY 2018 END DUE TO PLANS TO DIVEST GLOBAL BATTERIES AND APPLIANCES BUSINESSES.SPECTRUM BRANDS - CONTINUES TO EXPECT 2018 REPORTED NET SALES FROM CONTINUING OPERATIONS TO INCREASE ABOVE CATEGORY RATES FOR MOST CATEGORIES.  Full Article

HRG Group Reports Q1 Earnings Per Share $0.14 From Continuing Operations
Friday, 9 Feb 2018 04:05pm EST 

Feb 9 (Reuters) - HRG Group Inc ::HRG GROUP, INC. REPORTS FISCAL 2018 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.14 FROM CONTINUING OPERATIONS.Q1 REVENUE ROSE 7.3 PERCENT TO $646.5 MILLION.RECORDED AN INCOME TAX BENEFIT OF $126.0 MILLION IN QUARTER DUE TO TAX CUTS AND JOBS ACT.‍BELIEVE CO IS WELL-POSITIONED TO TAKE ADVANTAGE OF OPPORTUNITIES THAT MAY BE AVAILABLE TO CO THROUGH REVIEW OF STRATEGIC ALTERNATIVES​.HRG GROUP - ‍STRATEGIC ALTERNATIVES MAY INCLUDE, BUT ARE NOT LIMITED TO, A MERGER, SALE OR OTHER BUSINESS COMBINATION INVOLVING COMPANY AND/OR ASSETS​.‍SPECTRUM BRANDS BOARD FORMED SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO REVIEW PROPOSALS INCLUDING COMBINATION OF CO AND SPECTRUM.  Full Article

Spectrum Brands Q1 Sales $646.5 Million
Thursday, 8 Feb 2018 06:30am EST 

Feb 8 (Reuters) - Spectrum Brands Holdings Inc ::SPECTRUM BRANDS HOLDINGS REPORTS FISCAL 2018 FIRST QUARTER RESULTS FROM CONTINUING OPERATIONS.Q1 ADJUSTED EARNINGS PER SHARE $0.38 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE $2.07 FROM CONTINUING OPERATIONS.Q1 SALES ROSE 7.3 PERCENT TO $646.5 MILLION.‍REAFFIRM FISCAL 2018 ADJUSTED FREE CASH FLOW GUIDANCE OF $620-$640 MILLION​.SPECTRUM BRANDS - ‍ACTIVELY MARKETING PERSONAL CARE & SMALL APPLIANCES BUSINESSES IN LIGHT OF INTENTION TO DIVEST GLOBAL BATTERIES & APPLIANCES SEGMENT​.‍EXPECTS FISCAL 2018 REPORTED NET SALES FROM CONTINUING OPERATIONS TO GROW ABOVE CATEGORY RATES FOR MOST CATEGORIES​.SEES 2018 CAPITAL EXPENDITURES ARE EXPECTED TO BE BETWEEN $110 MILLION TO $120 MILLION.Q1 EARNINGS PER SHARE VIEW $0.26, REVENUE VIEW $635.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Energizer Says Expects To Generate Annual Run Rate Cost Synergies Of $80 Mln To $100 Mln
Tuesday, 16 Jan 2018 09:15am EST 

Jan 16 (Reuters) - Energizer Holdings Inc ::ENERGIZER CEO SAYS EXPECTS TO GENERATE ANNUAL RUN RATE COST SYNERGIES OF $80 MILLION TO $100 MILLION - CONF CALL.ENERGIZER CFO SAYS WE EXPECT THIS TRANSACTION TO BE HIGHLY SYNERGISTIC AND DRIVE FULL RUN RATE ACCRETION ABOVE 30 PERCENT - CONF CALL.ENERGIZER CFO SAYS WILL BENEFIT FROM INCREMENTAL ANNUAL LEVERAGE FREE CASH FLOW IN EXCESS OF $100 MILLION A YEAR - CONF CALL.ENERGIZER CFO SAYS COMBINED COMPANY WILL HAVE GREATER INTERNATIONAL EXPOSURE THROUGH AN EXPANDED PRESENCE IN EMEA AND LATIN AMERICA - CONF CALL.ENERGIZER CEO SAYS DEAL WILL POSITION US BETTER IN GROWING CHANNELS LIKE E-COMMERCE - CONF CALL.  Full Article

Spectrum Brands Says If Deal Not Completed Under Certain Circumstances, Energizer To Pay Co Termination Fee Of $100 Mln‍​
Tuesday, 16 Jan 2018 08:10am EST 

Jan 16 (Reuters) - Energizer Holdings Inc ::SPECTRUM BRANDS HOLDINGS SAYS IF DEAL NOT COMPLETED UNDER CERTAIN CIRCUMSTANCES, ENERGIZER TO PAY CO TERMINATION FEE OF $100 MILLION - SEC FILING ‍​.  Full Article

Spectrum Brands To Sell Global Battery And Lighting Business To Energizer Holdings For $2.0 Bln In Cash
Tuesday, 16 Jan 2018 06:01am EST 

Jan 16 (Reuters) - Energizer Holdings Inc ::PRESS RELEASE - SPECTRUM BRANDS HOLDINGS ANNOUNCES AGREEMENT TO SELL GLOBAL BATTERY AND LIGHTING BUSINESS TO ENERGIZER HOLDINGS INC FOR $2.0 BILLION IN CASH.SPECTRUM BRANDS - EXPECTS TO USE NET CASH PROCEEDS AFTER TAX AND DEAL COSTS TO REDUCE DEBT, REINVEST IN CORE BUSINESSES.  Full Article

BRIEF-Spectrum Brands Reports Q2 Earnings Per Share $0.02 From Continuing Operations

* SPECTRUM BRANDS HOLDINGS REPORTS FISCAL 2018 SECOND QUARTER RESULTS FROM CONTINUING OPERATIONS AND LOWERS FULL-YEAR GUIDANCE