Spectrum Brands (SPB) Tops Q2 EPS by 49c

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Spectrum Brands Holdings Reports Fiscal 2020 Second Quarter Results

April 30, 2020 6:30 AM EDT

Net Sales Increased 3.4% and Organic Sales Increased 4.1% GAAP Operating Income Increased 62.7%, Driven by Improved Gross Profit Adjusted EBITDA Increased 21.5% Proactive Steps to Improve Liquidity and Financial Flexibility Total Current Liquidity of Over $600 Million as of Today, which Includes Over $500 Million of Cash and an Incremental $90 Million Available Under the Companys Revolver In Light of Uncertainty Surrounding COVID-19 Impacts, the Company is Withdrawing Fiscal 2020 Guidance

MIDDLETON, Wis.--(BUSINESS WIRE)-- Spectrum Brands Holdings, Inc. (NYSE: SPB; Spectrum Brands or the... More