Spectrum Brands Q3 sales beat on home, garden segment growth - SPB News | RalliesSpectrum Brands Q3 sales beat on home, garden segment growth
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SPB• Outlook
- Spectrum Brands expects fiscal 2026 net sales to be flat to up low single digits
- Company raises fiscal 2026 adjusted EBITDA expectation, excluding tariff refunds, to up mid single digits
- Company expects adjusted free cash flow to be about 50% of adjusted EBITDA, excluding tariff refunds
Overview
- U.S. home essentials supplier's fiscal Q3 net sales rose 7.7%, beating analyst expectations
- Adjusted EBITDA more than doubled, aided by a one-time $60.6 mln tariff refund
- Company posted net loss from continuing operations due to non-cash impairment charge
Key Details
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| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q3 Sales | Beat | $753.30 mln | $735.50 mln (7 Analysts) |
| Q3 Adjusted EBITDA continuing operations | | $158.30 mln | |
| Q3 Adjusted EPS continuing operations | | $2.79 | |
| Q3 EPS continuing operations | | -$1.11 | |
| Q3 Gross Profit | | $370.40 mln | |
| Q3 Operating Income | | $15.90 mln | |
