Spectrum Brands (SPB) PT Raised to $160 at Jefferies
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Spectrum Brands Holdings Reports Fiscal 2017 First Quarter Results, Reaffirms Outlook for 8th Consecutive Year of Record Financial Performance
January 26, 2017 6:30 AM ESTMIDDLETON, Wis.--(BUSINESS WIRE)-- Spectrum Brands Holdings, Inc. (NYSE: SPB), a global consumer products company offering an expanding portfolio of leading brands providing superior value to consumers and customers every day, today reported solid profit growth for the first quarter of fiscal 2017 ended January 1, 2017 and reiterated expectations for an eighth consecutive year of record results for fiscal 2017.
Fiscal 2017 First Quarter Highlights:
Net sales of $1.21 billion in the first quarter of fiscal 2017 decreased 0.6 percent compared to $1.22 billion last year. Excluding the negative impact of $18.8 million of foreign... More