“Challenging economic and geopolitical conditions” are impacting consumer demand, according to its CEO.
SPB's strategy of regularly increasing dividends not only bolsters shareholder income but also reinforces investor confidence in the company.
Spectrum Brands Holdings, Inc. SPB will release earnings results for the fiscal fourth quarter, before the opening bell, on Friday, Nov. 15.
Get a deeper insight into the potential performance of Spectrum (SPB) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Pricing actions, cost efficiencies, and a favorable product mix are expected to aid SPB's fiscal Q4 results, offset by soft demand for small kitchen appliances.
Spectrum (SPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The last quarter saw a 6% increase in net sales and a 24% rise in operating income, indicating a recovery after its 2022 challenges. The planned sale of the HPC division, which is a move I fully support, should further simplify operations and improve profitability. However, management hasn't committed to a timeline. Recent buybacks demonstrate confidence in the current share price. Additionally, I favor the capital allocation strategy of the company, with a significant decrease in debt since Q3 2023.
Investors interested in stocks from the Consumer Products - Discretionary sector have probably already heard of Spectrum Brands (SPB) and Kellanova (K). But which of these two companies is the best option for those looking for undervalued stocks?
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Spectrum (SPB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
SPB benefits from the Global Productivity Improvement Plan, aligning with increased pricing, cost improvements and a favorable mix amid macroeconomic hurdles.
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