FMP

FMP

Spectrum Brands Shares Surge 15% After Q4 Profit Beats Despite Revenue Dip

Spectrum Brands Holdings Inc. (NYSE: SPB) reported fourth-quarter adjusted earnings that far surpassed analyst expectations, even as revenue declined due to supply chain disruptions and softer demand in some product categories. Shares jumped more than 15% in intra-day trading Thursday.

The home essentials company posted adjusted earnings per share of $2.61, crushing analysts' estimates of $0.90. Revenue totaled $733.5 million, slightly below the consensus of $743.14 million and down 5.2% from $773.7 million in the same quarter last year. Organic net sales fell 6.6% excluding favorable foreign exchange effects.

The decline was mainly driven by the company's earlier pause on Chinese-sourced imports due to tariff concerns and weaker performance in its Global Pet Care and Home & Personal Care segments.

For fiscal 2026, Spectrum Brands said it expected flat to low-single-digit net sales growth and low-single-digit adjusted EBITDA growth, citing anticipated recovery in its Global Pet Care and Home & Garden businesses.