Spectrum Brands posts Q4 earnings beat, revenue miss and forecasts flat to low‑single‑digit growth for FY2027

Spectrum Brands reported fiscal 2026 fourth‑quarter adjusted earnings per share of $1.39, beating analyst estimates. Net sales fell 2.8% YoY to $713.2 million, missing consensus forecasts. Full‑year net sales rose 1.5% to $2.85 billion and adjusted EBITDA reached $374.8 million, including a $57.4 million tariff‑refund benefit. The company guided FY2027 net sales and adjusted EBITDA to be flat to low single‑digit growth, excluding the one‑time refund.

The flat‑to‑low‑single‑digit outlook signals limited top‑line and profitability growth for the next fiscal year, which may temper investor expectations for earnings momentum. The guidance also normalizes results by removing the non‑recurring tariff‑refund benefit that boosted FY2026 EBITDA.

  • 1Fiscal 2026 net sales were $2.85 billion, up 1.5% from the prior year.
  • 2Adjusted EBITDA for FY2026 was $374.8 million, which included a $57.4 million tariff‑refund benefit.
  • 3Excluding the tariff‑refund benefit, adjusted EBITDA increased 9.8% to $317.4 million.
  • 4Fourth‑quarter net sales were $713.2 million, down 2.8% year‑over‑year.
  • 5Adjusted EPS for Q4 was $1.39.
  • 6Q4 adjusted EBITDA rose 10.3% to $69.9 million.

Sources