Spectrum Brands (NYSE:SPB) Announces Quarterly Earnings Results, Beats Expectations By $0.63 EPS

Spectrum Brands (NYSE:SPB) issued its quarterly earnings results on Thursday. The company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.63, FiscalAI reports. Spectrum Brands had a return on equity of 7.29% and a net margin of 3.56%.The company had revenue of $677.00 million during the quarter, compared to the consensus estimate of $667.59 million. During the same period last year, the company earned $1.02 earnings per share. Spectrum Brands’s revenue was down 3.3% on a year-over-year basis.

Here are the key takeaways from Spectrum Brands’ conference call:

• Generated strong first-quarter cash flow (nearly $60 million of adjusted free cash flow), repurchased ~800,000 shares year-to-date (~$42.3M) and received board authorization for a new $300 million share buyback, while maintaining low leverage (net leverage 1.65x) and $126.6M cash.
• Global Pet Care returned to growth (organic net sales +5.8%), with key companion-animal brands gaining share and an active innovation pipeline that management expects will drive continued top-line and market-share gains.
• Home & Garden reported a large decline (Q1 net sales -19.8%) largely due to last year’s accelerated seasonal inventory builds, but management says POS momentum and new product launches position H&G to be the fastest-growing business later in the year.
• Home & Personal Care remains under pressure (organic net sales -11.1%), with tariff-related price impacts, retailer inventory issues and expected full-year unit declines in HPC as the company prioritizes profitability and pursues a strategic solution for the business.
• The company reiterated FY26 guidance (net sales flat to +low single digits, Adjusted EBITDA low-single-digit growth, ~50% Adj. EBITDA-to-Adj. FCF conversion), while emphasizing ERP S/4HANA deployments, cost discipline and selective M&A readiness.

Spectrum Brands Price Performance

NYSE SPB traded down $0.88 during trading hours on Friday, reaching $74.56. 56,786 shares of the company’s stock were exchanged, compared to its average volume of 363,648. The stock has a market cap of $1.74 billion, a PE ratio of 18.84 and a beta of 0.68. The company has a current ratio of 2.26, a quick ratio of 1.41 and a debt-to-equity ratio of 0.29. Spectrum Brands has a one year low of $49.99 and a one year high of $80.28. The firm has a fifty day moving average of $61.84 and a 200-day moving average of $57.35.

Spectrum Brands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, February 17th. Spectrum Brands’s dividend payout ratio (DPR) is currently 47.47%.

Wall Street Analysts Forecast Growth

SPB has been the topic of several analyst reports. Wall Street Zen upgraded Spectrum Brands from a “sell” rating to a “hold” rating in a report on Tuesday, November 18th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $75.00 target price on shares of Spectrum Brands in a report on Tuesday. Oppenheimer restated an “outperform” rating and set a $85.00 price target on shares of Spectrum Brands in a report on Friday. Canaccord Genuity Group upped their price objective on Spectrum Brands from $75.00 to $84.00 and gave the company a “buy” rating in a report on Monday, November 17th. Finally, Wells Fargo & Company lifted their target price on Spectrum Brands from $62.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $81.33.

Spectrum Brands News Summary

Here are the key news stories impacting Spectrum Brands this week:

• Positive Sentiment: Q1 results beat expectations — Spectrum reported $1.40 EPS vs. $0.77 consensus and revenue of $677M vs. $667.6M consensus; management highlighted improvements in profitable segments and EBITDA contribution, which drove the immediate stock lift. Spectrum Brands shares rise as Q1 earnings surpass expectations
• Positive Sentiment: Management announced a $300M share repurchase program and reiterated fiscal‑2026 net sales growth targets, signaling confidence in cash flow and capital allocation that supports future EPS upside and buyback-driven support for the stock. Spectrum Brands outlines $300M share repurchase program and reiterates net sales growth targets for fiscal 2026 amid pet care recovery
• Positive Sentiment: Street recognition improving — Royal Bank of Canada issued an Outperform rating and IBD’s RS (relative strength) score climbed to 72, both of which can attract momentum and institutional interest. Spectrum Brands (NYSE:SPB) Earns “Outperform” Rating from Royal Bank Of Canada Spectrum Brands Holdings sees IBD RS rating climb to 72
• Neutral Sentiment: Full materials available — Earnings call transcript and slide deck were published (useful for digging into segment trends, margin drivers and guidance detail) but they largely reinforce the points above rather than changing the outlook. Spectrum Brands SPB Q1 2026 Earnings Transcript 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Analyst views are mixed — some outlets highlight upside while others note cyclicality in consumer goods; this keeps consensus forward estimates (about $5.06 FY EPS) under scrutiny and may limit a sustained re-rating until growth proves consistent. Analysts Conflicted on These Consumer Goods Names: Spectrum Brands Holdings (SPB) and Target (TGT)
• Negative Sentiment: Revenue declined y/y (-3.3%) despite the EPS beat, indicating margin, mix or one‑time benefits drove earnings; persistent top‑line pressure in key categories (pet care earlier noted as recovering) is a risk to sustained multiple expansion. Spectrum Brands fiscal Q1 release and materials

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Landscape Capital Management L.L.C. acquired a new position in Spectrum Brands during the third quarter valued at approximately $653,000. Oxford Asset Management LLP bought a new stake in Spectrum Brands during the 2nd quarter valued at approximately $679,000. The Manufacturers Life Insurance Company grew its position in Spectrum Brands by 113.1% in the second quarter. The Manufacturers Life Insurance Company now owns 13,539 shares of the company’s stock worth $718,000 after acquiring an additional 7,187 shares in the last quarter. FORA Capital LLC purchased a new stake in Spectrum Brands during the second quarter valued at approximately $754,000. Finally, Aquatic Capital Management LLC boosted its holdings in shares of Spectrum Brands by 17.2% in the 3rd quarter. Aquatic Capital Management LLC now owns 16,256 shares of the company’s stock worth $854,000 after purchasing an additional 2,381 shares during the period.

About Spectrum Brands

Spectrum Brands Holdings, Inc is a global consumer products company that develops and markets a diverse portfolio of branded household and personal care products. Organized into four principal business segments—Hardware & Home Improvement, Home & Garden, Pet, and Appliances & Personal Care—the company offers a broad range of items including security and plumbing solutions, small electric appliances, grooming tools, and pet care accessories. Its hardware division features well-known brands such as Kwikset, Baldwin and Pfister, while the home appliance segment is anchored by names like Russell Hobbs and Remington.