Brief: Spectrum Brands Holdings reports Q3 results

Spectrum Brands Holdings

12/08/2022 11:35

Aug 12 (Reuters) - Spectrum Brands Holdings Inc  SPB.N :
    * SPECTRUM BRANDS HOLDINGS REPORTS FISCAL 2022 THIRD QUARTER
RESULTS
    * SPECTRUM BRANDS HOLDINGS INC - QTRLY EARNINGS PER SHARE
FROM
CONTINUING OPERATIONS $0.07
    * SPECTRUM BRANDS HOLDINGS INC - QTRLY ADJUSTED EARNINGS PER
SHARE
FROM CONTINUING OPERATIONS $0.54
    * SPECTRUM BRANDS HOLDINGS INC - QTRLY NET SALES $818
MILLION
VERSUS $743.8 MILLION
    * SPECTRUM BRANDS HOLDINGS INC - FOURTH QUARTER TOP LINE IS
NOW
EXPECTED TO GROW MID-SINGLE DIGIT OVER PRIOR YEAR
    * SPECTRUM BRANDS HOLDINGS INC- REDUCED SHORT-TERM SPENDING,
AND
ELIMINATED 17% OF GLOBAL SALARIED POSITIONS SAVING OVER $30
MILLION ANNUALLY DURING QUARTER

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