财务数据和关键指标变化 - 净销售额下降1.5%,但公司预计全年净销售额将相对持平 [13][31] - 毛利率增加870个基点至38.1%,主要得益于存货成本下降和运营效率提升 [16][35] - 调整后EBITDA增加120%至1.123亿美元,调整后EBITDA率提升至13.3% [16][22][39] - 每股调整后收益增加1.76美元至1.62美元,主要受益于EBITDA增加和股票回购 [39] 各条业务线数据和关键指标变化 宠物业务 - 销售额下降2.3%,主要受到去年精简低毛利SKU的影响 [46][47] - 调整后EBITDA增加34.6%至6230万美元,创历史新高 [52] - 计划增加广告和营销投入以推动未来增长 [53] 家居园艺业务 - 销售额增长4.8%,主要受益于控制类产品的强劲表现 [54][55] - 调整后EBITDA增加840个基点至2920万美元 [60] - 预计下半年销售将恢复增长 [61] 家用电器及个人护理业务 - 销售额下降4%,主要受小型厨房电器销售下滑的影响 [61][62] - 调整后EBITDA由亏损转为盈利1780万美元,毛利率提升 [65] - 个人护理业务实现高单位数增长,抵消了家用电器的下滑 [61][62] 公司战略和发展方向 - 公司正在加大对商业运营、创新和营销能力的投资,以推动长期可持续的收入增长 [10][21][74] - 正在加快分拆家用电器及个人护理业务的进程,计划在夏季提交初步注册文件 [24][27][28] - 已与Stanley Black & Decker续签Black & Decker品牌许可协议,为HPC业务提供长期发展保障 [26] - 公司将继续通过股票回购来提升股东价值,已累计回购29%的股份 [30] 管理层对经营环境和未来前景的评论 - 管理层对宏观经济和消费环境保持谨慎态度,但对公司内部运营改善和发展前景充满信心 [31][32][75] - 预计全年净销售额将相对持平,调整后EBITDA将实现低个位数增长 [31][67] - 下半年各业务线有望实现销售增长,但将增加广告营销投入,导致EBITDA率有所下降 [67][68] - 公司将继续保持成本纪律,同时大幅增加商业运营和创新投入,以推动未来可持续增长 [74]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to______ Name of Registrant, State of Incorporation, Commission File No. IRS Employer Identification No. Address of Principal Offices, and Telep ...

Exhibit 99.1 3001 Deming Way Middleton, WI 53562-1431 P.O. Box 620992 Middleton, WI 53562-0992 (608) 275-3340 For Immediate Release Investor/Media Contact: Joanne Chomiak 608-275-4458 Spectrum Brands Holdings Reports Fiscal 2024 Second Quarter Results • Net Sales Decreased 1.5% Driven by Lower Consumer Demand in Home Appliances, Aquatics Particularly in North America and the Impact of SKU Rationalizations, Offset by Strong POS in Controls Due to Favorable Weather Trends • Net Income From Continuing Operatio ...

Company Participants Conference Call Participants Operator I would now like to hand the conference over to your host today, Joanne Chomiak, Senior Vice President of Tax and Treasury. Please go ahead. Thank you. Welcome to Spectrum Brands Holdings Q1 2024 earnings conference call and webcast. I'm Joanne Chomiak, Senior Vice President of Tax and Treasury, and I will moderate today's call. To help you follow the comments, we have placed a slide presentation on the events calendar page in the Investor Relations ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to______ | Commission File No. | Name of Registrant, State of Incorporation, Address of Principal Offices, and Telephone No. | IRS Employer I ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ For the Fiscal Year Ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ Commission File No. Name of Registrant, State of Incorporation, Address of Principal Offices, and Telephone No. IRS Employer Iden ...

Conference Call Participants Operator I would now like to hand the conference over to your speaker today, Faisal Qadir. Please go ahead. Starting with slide two of the presentation, our call will be led by David Maura, our Chairman and Chief Executive Officer, and Jeremy Smeltser, our Chief Financial Officer. After opening remarks, we will conduct the Q&A. David Maura Moving to slide six, we started fiscal '23 with a challenging macroeconomic environment, with consumer demand declining from the heights of t ...

Sp Fiscal 2023 Fourth Quarter and Full Year Earnings Call November 17, 2023 Agenda • Introduction – Faisal Qadir VP, Strategic Finance & Enterprise Reporting • CEO Overview and Outlook – David Maura Chairman and Chief Executive Officer • Financial & Business Review – Jeremy Smeltser Chief Financial Officer • Q&A – David Maura and Jeremy Smeltser 2 Forward-looking Statements 3 We have made or implied certain forward-looking statements in this document. All statements, other than statements of historical fact ...

However, we are facing some pressures in the household category with our Hot Shot brand as the competitive landscape has become more challenging with key competitors' heavy investments, both in promotions at the retail level as well as top funnel advertising. The overall volume decline was partially offset by the impact of price increases. Significant commercial innovation continues to be rolled out across our Home & Garden portfolio. In controls, we are expanding the presence of our Spectracide One shot pl ...

业绩总结 - 第三季度净销售额为736百万美元，同比下降9.7%[14] - 第三季度调整后的EBITDA为9850万美元，同比增长23%[10] - 第三季度GAAP净亏损增加至1.75亿美元[15] - 预计FY23净销售将中等个位数下降，调整后的EBITDA也将低至中个位数下降[11] 财务状况 - 截至季度末，偿还了11亿美元的银行债务，现金余额为29亿美元，债务为21亿美元[10] - 2023年7月2日的现金及现金等价物为29.302亿美元，较2022年9月30日的2.437亿美元大幅增加[39] - 2023年7月2日的总资产为63.544亿美元，较2022年9月30日的57.756亿美元有所上升[39] - 2023年7月2日的总负债为37.945亿美元，较2022年9月30日的45.065亿美元有所减少[39] - 2023年7月2日的股东权益为25.587亿美元，较2022年9月30日的12.632亿美元显著增长[39] 用户数据 - 家庭与个人护理(HPC)和家庭与花园(H&G)的有机销售分别下降14.7%和6.0%[24][21] - 2023年7月2日，GPC的净销售额为272.3百万美元，同比下降6.4%[42] - 2023年截至7月2日的九个月，总净销售额为2,178.1百万美元，同比下降9.8%[43] 未来展望 - FY23全年的利息支出预计在1.2亿至1.3亿美元之间[28] - 由于零售商库存减少和外汇压力，H&G和HPC的销售面临压力[11] 新产品与技术研发 - 第三季度的利息支出为3900万美元，同比增加1290万美元[16] 负面信息 - 第三季度的利息支出为3900万美元，同比增加1290万美元[16] - 2023年7月2日的稀释每股收益为GPC -4.27美元，H&G 0.07美元，HPC -7.06美元[53] 其他新策略 - Spectrum Brands以43亿美元现金完成HHI交易，预计净收益为38亿美元[30]