Spectrum Brands (SPB) Misses Q1 EPS by 7c But Sales Beat, Offers Outlook
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Spectrum Brands Holdings Reports Record Fiscal 2016 First Quarter Results
February 2, 2016 6:30 AM EST14.1% reported sales growth and reported EPS of $1.24 6.3% organic sales growth, 17.8% adjusted EBITDA growth and solid margin expansion Net cash provided from operating activities after purchases of property, plant and equipment (free cash flow) expected to grow to approximately $505-$515 million versus $454 million in fiscal 2015 and $359 million in fiscal 2014 Reaffirms outlook for 7th consecutive year of record performance in fiscal 2016
MIDDLETON, Wis.--(BUSINESS WIRE)-- Spectrum Brands Holdings, Inc. (NYSE:... More
