Spectrum Brands (SPB) Tops Q1 EPS by $1.37

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Go back to Spectrum Brands (SPB) Tops Q1 EPS by $1.37

Spectrum Brands Holdings Reports Fiscal 2021 First Quarter Results

February 5, 2021 6:30 AM EST

First Quarter Results Reflected Exceptional Sales Growth and Strong Operating Leverage Net Sales Increased 31.4% and Organic Net Sales Increased 27.8%, with Growth Across All Business Units GAAP Net Income From Continuing Operations Increased $110.9 Million to $73.2 Million Adjusted EBITDA Increased $101.9 Million or 99.7% to $204.1 Million Maintained Strong Financial Flexibility with Over $800 million of Total Liquidity Raising 2021 Earnings Framework to Reflect Expected Net Sales and Adjusted EBITDA Growth of High Single-Digits

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