Spectrum Brands (SPB) Q3 Earnings Miss, Organic Sales Up 7.1%
SPBSpectrum Brands(SPB) ZACKS·2024-08-10 00:56

Spectrum Brands Holdings Inc. (SPB) reported mixed third-quarter fiscal 2024 results, wherein the top line surpassed the Zacks Consensus Estimate but the bottom line missed. Both metrics rose year over year. Results gained from cost improvements, sturdy e-commerce business and reduced inventory.The company is focused on boosting top-line growth via commercial investments. It has been significantly investing in brand-focused advertising, marketing and innovation. In the reported quarter, it made investments ...