Spectrum Brands Holdings, Inc.
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Range $90 – $110
Price Chart
About the company
Spectrum Brands Holdings, Inc. is a worldwide enterprise specializing in a diverse array of consumer brands. Its business is structured across three key segments.
- CEO
- David Maura
- IPO
- 1979
- Employees
- 3,000
- HQ
- Middleton, WI, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $2.06B
- P/E
- 26.66
- Fwd P/E
- 13.92
- PEG
- 1.12
- P/S
- 0.72
- P/B
- 1.11
- EV/EBITDA
- 8.08
- Div Yield
- 2.12%
- Gross Margin
- 39.80%
- Op Margin
- 8.31%
- Net Margin
- 2.77%
- ROE
- 4.22%
- ROIC
- 7.99%
Latest fiscal year · YoY change
- Revenue
- $2.81B-5.2%
- Gross Profit
- $1.03B-7.0%
- Op Income
- $124.90M
- Net Income
- $99.90M-20.0%
- EPS
- $3.88-5.8%
- OCF Growth
- +25.5%
- FCF Growth
- +39.8%
- 52W High
- $99.06
- 52W Low
- $49.99
- 50D MA
- $86.59
- 200D MA
- $74.26
- Beta
- 0.65
- RSI (14)
- 52
- Avg Volume
- 373.73K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Spectrum Brands posted broad-based Q3 growth, expanded margins, and raised full-year EBITDA expectations while warning that Q4 will face tougher Pet comps and weather-related Home & Garden pressure.· August 7, 2026
- Net sales rose 7.7% year over year, with all three business units growing; organic sales rose 6.6% excluding $7.5 million of FX.
- Gross margin expanded to 49.2% from tariff refunds, and to 41.1% excluding refunds; adjusted EBITDA was $158.3 million, or $97.7 million excluding tariff refunds.
- Home & Garden delivered a record quarter with $225 million of sales, up 19%, while Global Pet Care and Home & Personal Care also grew.
- The company raised its full-year adjusted EBITDA outlook to mid-single-digit growth excluding tariff refunds, while keeping sales guidance at flat to up low single digits.
- Balance sheet remained strong with almost $260 million of cash, no revolver borrowings, and net leverage of about 1x; the company repurchased about 200,000 shares for $15.8 million.
Third quarter net sales increased 7.7% year over year, or 6.6% organically excluding $7.5 million of favorable FX. Gross profit increased $106.3 million and gross margin improved to 49.2% from the prior year, or 41.1% excluding a one-time $60.6 million tariff refund benefit, up 330 basis points. Operating income was $15.9 million, down $15.4 million year over year. Adjusted EBITDA was $158.3 million, up $81.7 million; excluding tariff refunds, adjusted EBITDA was $97.7 million, up $21.1 million or 27.5%. Adjusted diluted EPS was $2.79, including a $1.90 per share tariff refund benefit; excluding that benefit, adjusted EPS was $0.89. For fiscal 2026, management continues to expect net sales to be flat to up low single digits, and now expects adjusted EBITDA to grow mid-single digits excluding tariff refunds. It also reiterated adjusted free cash flow of about 50% of adjusted EBITDA, $115 million to $125 million of depreciation and amortization, $50 million to $60 million of capex, and $40 million to $50 million of cash taxes.
David Maura framed the quarter as validation of the company’s strategy, citing stronger operations, a healthier balance sheet, and improving commercial execution. He emphasized that Spectrum is now shifting from repair mode to offense, with a focus on innovation, better storytelling, more digital engagement, and selective M&A, especially around Global Pet Care and Home & Garden. His tone was confident and constructive, but he also acknowledged Q4 headwinds from tougher comparisons, weather, and ongoing consumer/inflation pressures.
Faisal Qadir highlighted the financial upside from pricing, volume, mix, and cost actions, while separating out the tariff-refund benefit. He noted gross margin of 41.1% excluding the refund, adjusted EBITDA of $97.7 million excluding refunds, and adjusted EBITDA margin expansion in all three businesses; he also cited quarter-end cash of $258.9 million, $494.8 million available on the revolver, and total debt of about $633 million. On capital allocation and liquidity, he reiterated strong cash generation, modest capex of $9.8 million in the quarter, and full-year expectations for $50 million to $60 million of capex and roughly 50% conversion of adjusted EBITDA into adjusted free cash flow.
Analysts pressed on price/mix versus volume, innovation vitality, tariff refunds, Pet channel trends, Home & Garden inventory and weather risk, and the HPC strategic path with Oaktree. Management said pricing was positive in all three businesses, that GPC and H&G should finish the year with positive volume and pricing growth, and that some of H&G’s innovation is now scaling via broader distribution. On refunds, management said they are recovering prior tariff losses rather than a windfall, with Phase 1 fully received and Phase 2 beginning, and expects most cash in the fiscal year and all cash by calendar year-end. On HPC, David Maura said there are no milestones to clear and that the company is wide open on options, with Oaktree giving it the ability to pivot toward growth and potential M&A.
The call showed broad-based growth, with every business unit up and margin expansion across the portfolio, even after stripping out tariff refunds. Management sounded increasingly confident that innovation, improved commercialization, and a strong balance sheet can support both organic growth and selective acquisitions going forward.
Management flagged a tougher fourth quarter, especially in Global Pet Care from prior-year comparisons and in Home & Garden from weather-driven demand swings and elevated retailer inventories. Home & Personal Care remains challenged by competition, a smaller U.S. portfolio, and softer consumer demand, while tariff and inflation pressures, though currently manageable, are still present.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 86.7%
- Shares Outstanding
- 23.19M
- Float Shares
- 20.10M
of shares held by institutions
299 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for SPB, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| James French HillHouse · AR02 | Sell | Jun 23, 25 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 2.62M | ▲ 961 |
| Pzena Investment Management LLC | 2.42M | ▲ 82.39K |
| American Century Companies Inc | 2.08M | ▲ 394.72K |
| Blackrock, Inc. | 1.94M | ▲ 89.47K |
| Callodine Capital Management, LP | 1.74M | ▼ 309.96K |
| Lsv Asset Management | 1.14M | ▲ 114.08K |
| Vanguard Capital Management LLC | 1.01M | ▼ 294 |
| Dimensional Fund Advisors LP | 929.60K | ▼ 1.35K |
| Goldman Sachs Group Inc | 878.80K | ▲ 79.58K |
| Quantinno Capital Management LP | 731.60K | ▲ 71.21K |
| State Street Corp | 606.80K | ▲ 16.06K |
| Geode Capital Management, LLC | 591.89K | ▲ 25.87K |
Held by 313 ETFs
Biggest fund positions in SPB by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| May 20, 26 | Maura David M | buy | 2,500 |
| Dec 12, 25 | Maura David M | other | 40,179 |
| Dec 12, 25 | POLISTINA TERRY | other | 5,615 |
| Dec 12, 25 | Patel Gautam | other | 4,602 |
| Dec 12, 25 | Qadir Faisal | other | 4,971 |
| Dec 12, 25 | Rovit Hugh R | other | 4,234 |
| Dec 12, 25 | Campbell Leslie Lloyd | other | 2,301 |
| Dec 12, 25 | Zargar Ehsan | other | 9,864 |
| Dec 12, 25 | James Sherianne | other | 4,510 |
| Dec 5, 25 | Maura David M | other | 69,915 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our SPB coverage
Recent articles, reports, and earnings notes.
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Why Spectrum Brands (SPB) is a Top Value Stock for the Long-Term
zacks.com · Aug 12
Spectrum Brands Analysts Boost Their Forecasts Following Better-Than-Expected Q3 Earnings
benzinga.com · Aug 10
Spectrum Brands Q3 Earnings Call Highlights
marketbeat.com · Aug 9
Spectrum Brands Holdings, Inc. (SPB) Q3 2026 Earnings Call Transcript
seekingalpha.com · Aug 8
Spectrum Brands' Q3 Earnings Beat, Home & Garden Unit Sales Up 19% Y/Y
zacks.com · Aug 7
Spectrum (SPB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com · Aug 7
Spectrum Brands (SPB) Tops Q3 Earnings and Revenue Estimates
zacks.com · Aug 7
Spectrum Brands Holdings Reports Fiscal 2026 Third Quarter Results
businesswire.com · Aug 7
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.
