Form 8-K Spectrum Brands Holdings For: Apr 26

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Go back to Form 8-K Spectrum Brands Holdings For: Apr 26

Spectrum Brands (SPB) Operational Issues are 'Transitory' - BMO

April 26, 2018 1:39 PM EDT

BMO Capital analyst Shannon Coyne weighed in on Spectrum Brands (NYSE: SPB) and believes operational issues are transitory.

Coyne commented, "SPB delivered a disappointing 2Q/18 print owing to greater-than-expected challenges related to its HHI and GAC consolidation projects, which led to a $30M... More

UPDATE: Wells Fargo Downgrades Spectrum Brands (SPB) to Market Perform; 'Exceptionally Disappointing'

April 26, 2018 1:27 PM EDT

(Updated - April 26, 2018 1:49 PM EDT)

(updated to add analyst comments)

Wells Fargo downgraded Spectrum Brands (NYSE: SPB) from Outperform to Market Perform.

Analyst Sam Reid commented, "There was no sugarcoating it, SPBs F2Q results were exceptionally disappointing, and... More