Spectrum Brands Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2023
November 17, 2023 at 06:30 am
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Spectrum Brands Holdings, Inc. reported earnings results for the fourth quarter and full year ended September 30, 2023. For the fourth quarter, the company reported sales was USD 740.7 million compared to USD 749.5 million a year ago. Net income was USD 16.8 million compared to USD 14.8 million a year ago. Basic earnings per share from continuing operations was USD 1.52 compared to basic loss per share from continuing operations of USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 1.5 compared to diluted loss per share from continuing operations of USD 0.61 a year ago. Basic earnings per share was USD 0.47 compared to USD 0.36 a year ago. Diluted earnings per share was USD 0.47 compared to USD 0.36 a year ago.
For the full year, sales was USD 2,918.8 million compared to USD 3,132.5 million a year ago. Net income was USD 1,801.5 million compared to USD 71.6 million a year ago. Basic loss per share from continuing operations was USD 5.92 compared to USD 1.89 a year ago. Diluted loss per share from continuing operations was USD 5.92 compared to USD 1.89 a year ago. Basic earnings per share was USD 45.65 compared to USD 1.75 a year ago. Diluted earnings per share was USD 45.65 compared to USD 1.75 a year ago.
Spectrum Brands Holdings, Inc. is a diversified global branded consumer products and home essentials company. The Company is a supplier of specialty pet supplies, lawn and garden and home pest control products, personal insect repellents, shaving and grooming products, personal care products, and small household appliances. Its segments include Home and Personal Care (HPC), Global Pet Care (GPC), and Home and Garden (H&G). The HPC segment consists of its global small kitchen and personal care appliance businesses. The GPC segment consists of its global pet care business. The H&G segment consists of home and garden, insect control, and cleaning products businesses. It offers a portfolio of brands including Tetra, DreamBone, SmartBones, Natureâs Miracle, 8-in-1, FURminator, Healthy-Hide, Good Boy, Meowee! and others. It manufactures and distributes its products globally in North America, Europe, Middle East & Africa (EMEA), Latin America (LATAM), and Asia-Pacific (APAC) regions.
SPECTRUM BRANDS HOLDINGS, INC. 
