Spectrum Brands (SPB) Reaffirm Fiscal FY17 Guidance

Spectrum Brands Holdings, Inc. (NYSE: SPB), a global consumer products company offering an expanding portfolio of leading brands providing superior value to consumers and customers every day, announced it will reaffirm fiscal 2017 guidance during its presentation today at the Raymond James 38th Annual Institutional Investors Conference.

Spectrum Brands continues to expect fiscal 2017 reported net sales to increase above category rates, partially offset by the anticipated negative impacts from foreign currency of approximately 100-150 basis points based on current spot rates. The Company also continues to expect fiscal 2017 net cash provided from operating activities after purchases of property, plant and equipment (adjusted free cash flow) will be between $575-$590 million.

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