Spectrum Brands Holdings Reports Record Fiscal 2016 Third Quarter Results

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Go back to Spectrum Brands Holdings Reports Record Fiscal 2016 Third Quarter Results

Spectrum Brands (SPB) Tops Q3 EPS by 2c; Reaffirms

July 28, 2016 7:12 AM EDT

Spectrum Brands (NYSE: SPB) reported Q3 EPS of $1.71, $0.02 better than the analyst estimate of $1.69. Revenue for the quarter came in at $1.36 billion versus the consensus estimate of $1.36 billion.

Spectrum Brands reaffirmed FY2016 guidance.

We reported solid growth in the third quarter that, together with a strong first half, maintains our momentum to deliver a 7th consecutive year of record performance in fiscal 2016, said Andreas Rouvé, Chief Executive Officer of Spectrum Brands Holdings.

Home and Garden and HHI achieved record results, global batteries delivered excellent growth and,... More