Spectrum Brands Q2 sales rise 4.9%, beat estimates

Spectrum Brands Holdings

07/05/2026 11:45

Overview

U.S. home essentials supplier's fiscal Q2 sales rose 4.9%, beating analyst expectations

Adjusted EBITDA and adjusted EPS both increased yr/yr, driven by higher sales and cost actions

Company announced $127 mln strategic partnership in Home & Personal Care segment with Oaktree Capital

Outlook

Spectrum Brands expects fiscal 2026 net sales to be flat to up low single digits

Company now sees fiscal 2026 adjusted EBITDA up low to mid single digits

Spectrum Brands expects adjusted free cash flow to be about 50% of adjusted EBITDA in fiscal 2026

Result Drivers

PET CARE AND HOME & GARDEN GAINS - Sales growth driven by strong performance and market share gains in Global Pet Care and Home & Garden, with additional benefit from favorable weather and retailer order accelerations

COST IMPROVEMENTS AND PRICING - Gross profit and margin rose due to pricing, cost improvement actions, and favorable foreign exchange, partially offset by higher trade spend and tariffs

HOME & PERSONAL CARE SOFTNESS - Sales in Home & Personal Care declined due to soft consumer demand and increased competition, but adjusted EBITDA improved from cost actions and pricing

Company press release: ID:nBw36Lmyta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$708.90 mln
$673.30 mln (6 Analysts)
Q2 Adjusted EBITDA continuing operations
$84 mln
Q2 Adjusted EPS continuing operations
$1.25
Q2 EPS continuing operations
$0.96
Q2 Gross Profit
$270.30 mln
Q2 Operating Income
$43.50 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)