Spectrum Brands Holdings Reports Record Fiscal 2016 Results
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Jefferies Remains Bullish on Spectrum Brands (SPB) Following 4Q - PT to $154
November 18, 2016 8:41 AM ESTJefferies maintained a Buy rating on Spectrum Brands (NYSE: SPB), and cut the price target to $154.00 (from $160.00), following the company's 4Q report. SPB's reported -3.2% org sales were dragged down by four fewer shipping days and exiting unprofitable businesses. Underlying growth was in-line with Street.... More
Spectrum Brands (SPB) Tops Q4 EPS by 20c
November 17, 2016 6:31 AM ESTSpectrum Brands (NYSE: SPB) reported Q4 EPS of $1.49, $0.20 better than the analyst estimate of $1.29. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.33 billion.
Fiscal 2017 Outlook
Spectrum Brands expects fiscal 2017 reported net sales to grow above category rates, along... More
