Spectrum Brands Holdings, Inc. is a worldwide enterprise specializing in a diverse array of consumer brands. Its business is structured across three ...
Spectrum Brands Holdings, Inc. is a publicly traded consumer defensive company listed on the New York Stock Exchange under the symbol SPB. It describes itself as a home essentials company whose brands are intended to improve everyday life at home. The company is headquartered at 3001 Deming Way in Middleton, ...Spectrum Brands Holdings, Inc. is a publicly traded consumer defensive company listed on the New York Stock Exchange under the symbol SPB. It describes itself as a home essentials company whose brands are intended to improve everyday life at home. The company is headquartered at 3001 Deming Way in Middleton, Wisconsin, and sells products internationally through a combination of traditional brick-and-mortar retailers, online marketplaces, direct e-commerce relationships, wholesalers, and distributors. The supplied data identifies approximately 3,000 full-time employees and places the company in the Household & Personal Products industry.
Spectrum Brands' activities are organized around several major product categories. Home and Personal Care includes small household appliances and personal grooming products. Brands associated with this area include Black+Decker, Russell Hobbs, George Foreman, Remington, and LumaBella. Products may include kitchen appliances, food preparation equipment, household tools, grooming devices, and related accessories. Global Pet Care supplies products for dogs, cats, fish, and other household pets. Its offerings cover pet nutrition and treats, chewing products, waste cleanup, training, health, grooming, and odor control, with brands such as 8IN1, Dingo, Nature's Miracle, and FURminator. The aquatic portion of the business includes aquariums, filtration and maintenance equipment, lighting, water-care products, and consumables under brands including Tetra and Marineland.
The Home and Garden portfolio addresses outdoor and indoor household maintenance. Spectracide and Garden Safe offer pest, weed, and garden-control products, while Hot Shot and Black Flag focus on indoor pest control. Cutter and Repel provide insect repellents for personal and outdoor use. Rejuvenate supplies cleaning, maintenance, restoration, and surface-care products for household environments.
Spectrum Brands' economic model depends heavily on brand equity, product innovation, retail distribution, manufacturing and sourcing efficiency, advertising, and effective inventory management. The company does not publicly provide a universal bill of materials for its entire portfolio; costs vary substantially by category. Typical inputs can include plastics, metals, electronic components, motors, packaging, chemicals, active pest-control ingredients, pet-food and treat ingredients, textiles, and logistics services. Margins are therefore influenced by commodity prices, freight, labor, retailer pricing, promotions, product mix, foreign exchange, and regulatory requirements.
Based on the supplied trailing-period data, Spectrum Brands reported approximately 36.8% gross margin, 8.0% EBITDA margin, 4.5% net margin, and $329.4 million of free cash flow to the firm. The data also indicates approximately $2.09 billion in market capitalization, $1.88 in annual dividends per share, a 2.1% dividend yield, and a current ratio above 2.4. These figures should be treated as time-sensitive market and trailing-period indicators rather than forecasts. The company has substantial intangible assets associated with its brands and acquired businesses, making brand management and portfolio quality important to valuation.
David M. Maura serves as Executive Chairman and Chief Executive Officer, a role he assumed in July 2018. Spectrum Brands traces its corporate history to the French Battery Company, founded in 1906, while the modern Spectrum Brands organization emerged from later corporate reorganizations and acquisitions, including its succession to Rayovac and the combination with Russell Hobbs. Its continuing strategic priorities generally include strengthening core brands, improving operational execution, managing costs and working capital, expanding profitable distribution, and generating sustainable cash flow for investment, debt management, and shareholder returns.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$2.8B
-5.2%
+6.3%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$99.9M
-20.0%
-219.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+36.7%
-1.8%
+26.8%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+4.4%
-22.8%
+95.5%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+3.6%
-15.5%
-212.1%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$165.8M
+39.8%
+8066.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+5.9%
+47.5%
+7584.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
34.3%
+13.2%
+6.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
2.26x
-1.5%
+5.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Good day, and thank you for standing by. Welcome to Q3 2026 Spectrum Brands Holdings, Inc. Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker, Ms. Jen Schultz, DVP, FP&A and Investor Relations. Please go ahead.
Jennifer Schultz: Thank you, and welcome to Spectrum Brands Holdings Q3 2026 Earnings Conference Call and Webcast. I'm Jen Schultz, Division Vice President of FP&A and Investor Relations, and I will moderate today's call. To help you follow our comments, we have placed a slide presentation on the Event Calendar page in the Investor Relations section of our website at www.spectrumbrands.com. This document will remain there following our call. Starting with Slide 2 of the presentation. Our call will be led by David Maura, our Chairman and Chief Executive Officer; and Faisal Qadir, our Chief Financial Officer. After opening remarks, we will conduct the Q&A. Turning to Slides 3 and 4. Our comments today include forward-looking statements, which are based upon management's current expectations, projections and assumptions and are, by nature, uncertain. Actual results may differ materially. Due to that risk, Spectrum Brands encourages you to review the risk factors and cautionary statements outlined in our press release dated August 7, 2026, our most recent SEC filings and Spectrum Brands Holdings' most recent annual report on Form 10-K and quarterly reports on Form 10-Q. We assume no obligation to update any forward-looking statements. Also, please note that we will discuss certain non-GAAP financial measures in this call. Reconciliations on a GAAP basis for these measures are included in today's press release and slide presentation, which are both available on our website in the Investor Relations section. Now I'll turn the call over to David Maura. David?
David Maura: Thank you, Jen, and good morning, everybody, and welcome to Spectrum Brands' third quarter earnings update. I appreciate everybody joining us for today's call. As usual, I'll start the call with an update on the operating environment, then our operating performance, and I'll finally turn our attention to our strategic initiatives at the end. Faisal will then come on and provide more detailed financial and operational updates, including a discussion on the specific business unit results. If I could have you turn to Slide 6. Let me start by sharing some of the significant accomplishments since our last quarterly earnings call. This quarter was marked by meaningful milestones, and I believe it reflects the strength of what this team is capable of, and we are focused on executing with discipline. I'm incredibly proud of what the global team has delivered, not just this quarter, but consistently over the past year in the face of a dynamic and changing macroeconomic environment. The results speak for themselves, and they reinforce my conviction that …
