Spectrum Brands (SPB) Tops Q3 EPS by 43c, Revenues Beat

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Go back to Spectrum Brands (SPB) Tops Q3 EPS by 43c, Revenues Beat

Spectrum Brands Holdings Reports Fiscal 2020 Third Quarter Results

July 31, 2020 6:30 AM EDT

Delivers Strong Third Quarter Results in Light of COVID-19 Challenges Thanks to Team Resiliency, Strong Culture and Operational Excellence Net Sales Decreased 3.7% and Organic Net Sales Decreased 2.9% GAAP Operating Income Increased 1.9%, Driven by Lower Restructuring Costs Adjusted EBITDA Decreased 4.9%, Driven by Temporary COVID-19 Related Supply Disruptions from Hardware & Home Improvement Despite Growth from All Other Segments Maintained Strong Financial Flexibility with Over $800 million of Total Liquidity

MIDDLETON, Wis.--(BUSINESS WIRE)-- Spectrum Brands Holdings, Inc. (NYSE: SPB; Spectrum Brands or the Company), a leading global branded... More