Why Is SPECTRUM BRANDS HLDG (SPB) Stock Moving Today?

Spectrum Brands Holdings (SPB) shares rose 4.49% to $92.25 on Wednesday. The primary driver was a stronger-than-expected fourth quarter adjusted earnings report, which helped offset a slight decline in revenue.

What Happened

Spectrum Brands reported fourth quarter adjusted earnings per share of $1.39, surpassing analyst estimates of $0.93. GAAP earnings per share came in at $1.08, also beating forecasts. However, net sales for the quarter totaled $713.2 million, down 2.8% year over year and below the consensus estimate of $719.63 million. The revenue miss was primarily attributed to unfavorable weather conditions affecting the Home and Garden segment. Net income for the period was $26.4 million.

The company provided guidance for fiscal year 2027, projecting revenue growth to be flat to low single digits. Management also expressed optimism regarding its efforts to acquire Helen of Troy. On November 12, 2026, Empower Brands Holdings Group, a joint venture between Spectrum Brands and other partners, issued a letter to Helen of Troy shareholders regarding a previously announced all-cash takeover offer at $37.00 per share. Spectrum Brands filed two Form 8-K documents with the SEC on the same date to disclose the results of operations and other events.

What The Data Shows

The stock opened at $89.99, representing a 1.9% gap up from the prior close of $88.29. Trading reached a session high of $92.90 at 9:55 AM ET and a low of $88.75 at 9:30 AM ET. Volume stood at 0.1 million shares, which is 0.2 times the three-month daily average. The company has a market capitalization of $2.0 billion and a price-to-earnings ratio of 26.2. Trailing twelve-month revenue increased by 0.8%, while the net margin stands at 2.8%. The stock carries a beta of 0.81 and a dividend yield of 2.12%. Over the past 52 weeks, the stock traded between $51.41 and $99.06. The 52-week tape recorded nine fresh highs and one fresh low on November 12, 2026.

What To Watch

Investors will monitor the company's progress in finalizing the Helen of Troy acquisition and its execution of the flat to low single-digit growth guidance for fiscal year 2027.

Why is SPB stock moving today?

SPECTRUM BRANDS HLDG (SPB) is drawing unusual attention today. Our newswire has captured 7 stories on SPB across 5 sources in the last 36 hours, with AI sentiment reading mixed (avg 47/100). The most recent driver: "SPB Maintains Buy Rating but Lowers Price Target to $105 by Canaccord Genuity" (GuruFocus).

Is SPB a buy right now?

Top Tier Newswire does not give financial advice. Our AI sentiment across the last 36 hours of SPB coverage reads 47/100 over 7 stories; treat it as a research signal and do your own diligence.

How fast does this page update?

The data sections refresh continuously as the newswire lands coverage; the written analysis is published once per trading day. Pro subscribers additionally get real-time push alerts, watchlists, and the full live terminal.