Spectrum Brands (SPB) Tops Q4 EPS by 20c
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Spectrum Brands Holdings Reports Record Fiscal 2016 Results
November 17, 2016 6:30 AM EST7.4% reported net sales growth, 139.8% net income increase and reported diluted earnings per share (EPS) of $5.99 2.6% organic net sales growth, 19.0% adjusted EBITDA increase and strong margin expansion Net cash provided from operating activities of $615.0 million, excluding a tender premium of $15.6 million and after purchases of property, plant and equipment of $95.2 million, resulted in record $535 million of adjusted free cash flow in fiscal 2016 compared to $454 million in fiscal 2015 and $359 million in fiscal 2014 Planning 8th consecutive year of record performance in fiscal 2017, including... More
