Spectrum Brands | 10-K: FY2025 Revenue Misses Estimate at USD 2.809 B

Revenue: As of FY2025, the actual value is USD 2.809 B, missing the estimate of USD 2.813 B.

EPS: As of FY2025, the actual value is USD 3.86.

EBIT: As of FY2025, the actual value is USD 150.7 M.

Global Pet Care (GPC)

• Net Sales: $1,082.5 million, a decrease of 6.0% from the previous year.
  
• Adjusted EBITDA: $195.1 million, a decrease of 9.7% from the previous year.
  
• Adjusted EBITDA Margin: 18.0%, down from 18.8% in the previous year.
  
• Key Factors: Decrease in sales due to lower volumes in North America, increased pressure from private labels, and supply disruptions. EMEA volumes increased due to brand expansion and new product launches.
  

Home & Garden (H&G)

• Net Sales: $572.8 million, a decrease of 1.0% from the previous year.
  
• Adjusted EBITDA: $91.5 million, an increase of 0.8% from the previous year.
  
• Adjusted EBITDA Margin: 16.0%, up from 15.7% in the previous year.
  
• Key Factors: Sales volumes decreased due to a delayed season, but outdoor controls products saw increased volume. Pricing positively impacted net sales.
  

Home & Personal Care (HPC)

• Net Sales: $1,153.7 million, a decrease of 6.5% from the previous year.
  
• Adjusted EBITDA: $56.7 million, a decrease of 24.7% from the previous year.
  
• Adjusted EBITDA Margin: 4.9%, down from 6.1% in the previous year.
  
• Key Factors: Decrease in sales due to lower volumes in North America and EMEA, offset by growth in LATAM. Adjusted EBITDA decreased due to reduced sales volumes and inflationary costs.
  

Outlook / Guidance

The company is focused on supply chain diversification, operational efficiency, and strategic investments to sustain growth and profitability amid trade uncertainties. The impact of tariffs is being mitigated through pricing adjustments and cost management.