Spectrum Brands (NYSE:SPB) Releases Quarterly Earnings Results, Beats Expectations By $0.21 EPS

Spectrum Brands (NYSE:SPB) released its quarterly earnings results on Thursday. The company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.04 by $0.21, FiscalAI reports. Spectrum Brands had a return on equity of 8.23% and a net margin of 4.47%.The business had revenue of $708.90 million during the quarter, compared to analysts’ expectations of $676.45 million. During the same quarter in the prior year, the business earned $0.68 earnings per share. The company’s quarterly revenue was up 4.9% compared to the same quarter last year.

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

• The company beat expectations in Q2 with net sales +4.9%, adjusted EBITDA +17.8% and adjusted EPS $1.25, and has raised its full‑year adjusted EBITDA outlook to low‑ to mid‑single‑digit growth.
• Global Pet Care and Home & Garden drove growth — GPC organic sales up 7.6% (reported +11.2%) and H&G sales +11.3% with meaningful margin expansion, fueled by product innovation and share gains.
• Spectrum entered a strategic partnership with Oaktree, who will invest $127 million (preferred equity plus a term loan) in the HPC business on a non‑recourse basis, creating a well‑capitalized standalone vehicle and clear separation/monetization optionality.
• Balance sheet and capital return remain strong with approximately $125M cash, net leverage at 1.66x, minimal revolver usage, ongoing buybacks (100k shares, ~$6.8M this quarter) and ~$300M repurchase authorization remaining.
• The Home & Personal Care segment remains weak — organic sales down ~10.7% (reported -5.5%), appliances particularly pressured in NA/EMEA and management expects HPC revenue to decline for the year despite modest EBITDA improvement and lingering tariff/consumer risks.

Spectrum Brands Price Performance

NYSE:SPB traded up $2.60 during trading hours on Friday, hitting $81.23. The company’s stock had a trading volume of 402,168 shares, compared to its average volume of 306,849. The business’s 50-day moving average is $77.87 and its two-hundred day moving average is $67.56. The company has a market capitalization of $1.88 billion, a PE ratio of 15.50, a PEG ratio of 2.74 and a beta of 0.67. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.38 and a current ratio of 2.21. Spectrum Brands has a 52-week low of $49.99 and a 52-week high of $86.96.

Spectrum Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be given a $0.47 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $1.88 annualized dividend and a yield of 2.3%. Spectrum Brands’s dividend payout ratio is presently 43.42%.

Wall Street Analyst Weigh In

Several research firms have recently commented on SPB. Royal Bank Of Canada set a $85.00 price target on Spectrum Brands in a research note on Friday, February 6th. Canaccord Genuity Group upped their price target on Spectrum Brands from $94.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday. Oppenheimer upped their price target on Spectrum Brands from $75.00 to $85.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $81.00 price target on shares of Spectrum Brands in a research note on Friday. Finally, Wells Fargo & Company upped their price target on Spectrum Brands from $62.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Friday, February 6th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Spectrum Brands currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.17.

Trending Headlines about Spectrum Brands

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

• Positive Sentiment: Spectrum Brands reported fiscal Q2 earnings of $1.25 per share, ahead of the $1.04 consensus estimate, on revenue of $708.9 million versus $676.45 million expected, with sales up 4.9% year over year. Spectrum Brands Holdings Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: The company said it returned to top-line growth and raised confidence in its operating momentum, with strength in Pet Care and Home & Garden helping drive the beat. Spectrum Brands Beats Q2 Earnings on Pet Care and H&G Strength
• Positive Sentiment: Spectrum Brands announced a strategic Oaktree investment in its Home and Personal Care unit, and said it now expects low- to mid-single-digit adjusted EBITDA growth, suggesting added financial flexibility and a clearer path to value creation. Spectrum Brands Announces Strategic Oaktree Investment in HPC Unit
• Neutral Sentiment: Management’s earnings call and post-earnings coverage largely reinforced the same message: better-than-expected results, improving trends, and an updated outlook, but no major new guidance beyond the Oaktree transaction. Spectrum Brands Holdings, Inc. (SPB) Q2 2026 Earnings Call Transcript

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Federated Hermes Inc. raised its position in Spectrum Brands by 1.3% in the fourth quarter. Federated Hermes Inc. now owns 12,048 shares of the company’s stock worth $712,000 after acquiring an additional 157 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its position in Spectrum Brands by 7.2% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 7,105 shares of the company’s stock worth $420,000 after acquiring an additional 479 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Spectrum Brands by 7,237.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 587 shares of the company’s stock worth $31,000 after acquiring an additional 579 shares in the last quarter. Deutsche Bank AG raised its position in Spectrum Brands by 3.8% in the fourth quarter. Deutsche Bank AG now owns 20,524 shares of the company’s stock worth $1,213,000 after acquiring an additional 755 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in Spectrum Brands in the second quarter worth $41,000.

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.