Spectrum Brands Q3 sales fall 10.2%, miss estimates

Spectrum Brands Holdings

07/08/2025 11:38

Overview

Spectrum Brands Q3 net sales decline 10.2%, missing analysts' expectations

Adjusted EPS for Q3 misses consensus, operating income declines

Company repurchased 0.9 mln shares for $54.4 mln

Outlook

Spectrum Brands targets $160 mln free cash flow in fiscal 2025

Company continues to suspend fiscal 2025 earnings framework due to trade uncertainties

Company targets $20-$25 mln in pricing concessions for fiscal 2026

Result Drivers

STOP SHIPMENTS - Sales impacted by halting shipments during tariff-driven pricing negotiations

TARIFF CONSTRAINTS - Supply constraints from high tariffs affected product availability

SOFT DEMAND - Decline in Global Pet Care and Home & Personal Care due to weak consumer demand

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$699.60 mln
$742.20 mln (8 Analysts)
Q3 Adjusted EPS
Miss
$1.24
$1.28 (8 Analysts)
Q3 Operating Income
Miss
$31.30 mln
$50.80 mln (6 Analysts)
Q3 Adjusted EBITDA continuing operations
$76.60 mln
Q3 Adjusted EPS continuing operations
$1.24
Q3 EPS continuing operations
$0.83
Q3 Gross Profit
$264.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the appliances, tools & housewares peer group is "buy"

Wall Street's median 12-month price target for Spectrum Brands Holdings Inc is $79.00, about 33% above its August 6 closing price of $52.92

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBwjMP2Ya

(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.)