Spectrum Brands (SPB) Tops Q4 EPS by 48c, Revenues Beat
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Spectrum Brands Holdings Reports Fiscal 2020 Fourth Quarter and Full Year Results
November 13, 2020 6:30 AM ESTFourth Quarter Net Sales Increased 17.9% and Organic Net Sales Increased 17.1% Reflecting Strong Growth Across All Business Units Fourth Quarter Operating Income and Adjusted EBITDA Increased, Driven by Strong Volumes and Gross Margins Improvement of 240 Basis Points Full Year Cash Flow From Operations of $290 Million; Adjusted Free Cash Flow of $254 Million Raising Total Savings Gross Target from Global Productivity Improvement Program from $100 Million to $150 Million Strong Balance Sheet with Over $1.1 Billion of Total Liquidity Full Year Operating Income of $243 Million and Full Year Adjusted EBITDA... More
