Spectrum Brands Holdings, Inc. (SPB) News
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SPB News Highlights
- For SPB, its 30 day story count is now at 15.
- Over the past 21 days, the trend for SPB's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
- BEAT, CHEF and EARN are the most mentioned tickers in articles about SPB.
Latest SPB News From Around the Web
Below are the latest news stories about Spectrum Brands Holdings Inc that investors may wish to consider to help them evaluate SPB as an investment opportunity.
MIDDLETON, Wis., February 18, 2022--Spectrum Brands Holdings, Inc. (NYSE: SPB; "Spectrum Brands" or the "Company"), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today the completion of its previously announced acquisition of the kitchen appliances and cookware categories of Tristar Products, Inc. ("Tristar").
The consensus price target hints at a 25.2% upside potential for Spectrum (SPB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Spectrum Brands, Inc. -- Moody's says that Spectrum Brand's separation of appliance business, Tristar acquisition, adds to portfolio reshaping considered in review
Announcement: Moody's says that Spectrum Brand's separation of appliance business, Tristar acquisition, adds to portfolio reshaping considered in reviewGlobal Credit Research - 08 Feb 2022New York, February 08, 2022 -- Moody's Investors Service ("Moody's") commented that Spectrum Brands, Inc.'s ("Spectrum") plans to separate its appliance business and to acquire Tristar Product's Kitchen Appliance Segment ("Tristar") adds to its ongoing portfolio reshaping plans and will be considered in the review for upgrade.On February 4, 2022, Spectrums Brand Inc. announced that it reached an agreement to purchase Tristar Product's Kitchen Appliance Segment for $325 million in cash and $125 million potential earn-out payments. Spectrum concurrently also announced that it intends to separate its Hom...
Spectrum Brands (NYSE: SPB) has inked a deal to acquire the home appliances and cookware categories of Tristar Products, Inc. for $325 million in cash with additional milestone payments of $125 million in the coming years. Synergies of the Deal Founded in 1992, Tristar's primary business is taking provided ideas and turning them into branded and global distributed products. It markets home appliances, fitness equipment, cooking innovations, and health and beauty products. The addition of Tristar businesses will complement Spectrum Brands' existing home and personal care appliance business and enhance the fast-growing cooking appliances category with the inclusion of popular brands like PowerXL, Emeril Lagasse, and Copper Chef.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 867 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Spectrum Brands' (SPB) Q1 results reflect inflation and supply-chain disruption, affecting margins. Gains from the Global Productivity Improvement Program and the strong Pet business aid.
The board of Spectrum Brands Holdings, Inc. ( NYSE:SPB ) has announced that it will pay a dividend on the 15th of...
Spectrum Brands Holdings, Inc. (SPB) Q1 2022 Earnings Conference Call February 4, 2022, 9:00 AM ET Company Participants David Maura – Chairman and Chief Executive Officer Jeremy Smeltser – Chief Financial Officer Randy Lewis – Chief Operating Officer Conference Call Participants Peter Grom – UBS Robert Labick – CJS Securities...
Spectrum (SPB) delivered earnings and revenue surprises of -220% and 0.92%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Spectrum reports surprise loss while revenue topped forecast, as 'unprecedented inflation' offset price increases
Spectrum Brands Holdings Inc. reported Friday a surprise fiscal first-quarter adjusted loss even as revenue topped expectations, as the consumer brands company said price increases weren't enough to offset "unprecedented inflation." Net income for the quarter to Jan. 2 fell to $8.2 million, or 20 cents a share, from $72.1 million, or $1.68 a share, in the year ago period. Excluding nonrecurring items and discontinued operations, the company swung to an adjusted per-share loss of 6 from earnings