Spectrum Brands' fourth-quarter sales fell 2.8% to $713.2 million, slightly below the $719.63 million estimate, while adjusted EBITDA rose 10.3% year over year to $69.9 million. The company expects fiscal 2027 net sales and adjusted EBITDA to be flat to up low single digits, excluding tariff refunds for EBITDA.
Fourth-quarter sales fell 2.8% to $713.2 million, slightly missing the $719.63 million consensus estimate. Adjusted EBITDA from continuing operations rose 10.3% year over year to $69.9 million, as improved gross margins offset lower volume.
Home & Garden sales fell as unfavorable weather and elevated retailer inventory levels hurt replenishment orders. Gross profit and margin benefited from pricing, lower trade spending, reduced tariff rates and cost improvements; Home & Personal Care margin gains reflected lower tariff rates and operational efficiencies.
Spectrum Brands expects net sales and adjusted EBITDA to be flat to up low single digits in fiscal 2027, with the EBITDA outlook excluding tariff refunds. It targets about 50% conversion of adjusted EBITDA to adjusted free cash flow.
