Spectrum Brands (NYSE: SPB) reported Q1 EPS of $1.02, $0.11 better than the analyst estimate of $0.91. Revenue for the quarter came in at $700.2 million versus the consensus estimate of $705.9 million.

OUTLOOK

Fiscal 2025 Earnings Framework

Spectrum Brands continues to expect low single-digit growth in reported net sales in fiscal 2025. Fiscal 2025 adjusted EBITDA is expected to increase by mid to high single-digits. Adjusted free cash flow is expected to be approximately 50% of adjusted EBITDA.

The Company continues to target a long-term net leverage ratio of 2.0 - 2.5 times.

For earnings history and earnings-related data on Spectrum Brands (SPB) click here.