Jefferies has resumed coverage of Spectrum Brands Holdings, Inc. (NYSE:SPB), the US consumer products company, with a Buy rating and a $97 price target, implying 26% upside from current levels. The broker believes investors are focusing too heavily on near-term consumer weakness and cost pressures while overlooking improving earnings potential, with operational improvements and recovering product categories expected to support growth beyond financial year 2027.
SPB's Q3 sales growth reflects gains across all businesses, with innovation, digital commerce and efficiency efforts driving its strategy.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
SPB's Q3 sales growth reflects gains across all businesses, with innovation, digital commerce and efficiency efforts driving its strategy.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Spectrum Brands Holdings remains a buy as operational momentum and cash flow strength offset a one-time net income hit. SPB's Home & Garden and Global Pet Care segments drove revenue and EBITDA growth, with strong volume and pricing dynamics. Management guides for flat-to-low-single-digit revenue growth and mid-single-digit EBITDA growth, targeting improved profitability despite decelerating sales.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Spectrum Brands NYSE: SPB reported third-quarter fiscal 2026 sales growth across all three of its business units, led by a record quarter in Home & Garden, while raising its outlook for adjusted EBITDA growth excluding tariff refunds.
Spectrum Brands Holdings, Inc. (SPB) Q3 2026 Earnings Call Transcript
Although the revenue and EPS for Spectrum (SPB) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Spectrum Brands (SPB) came out with quarterly earnings of $2.79 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.24 per share a year ago.