NYSE$SPB

Spectrum Brands Holdings Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported fourth quarter and full year results for fiscal year 2021.

Spectrum Brands Holdings reported a net sales increase of 2.8% for the fourth quarter, with a net income of $6.1 million. The company is expecting mid to high single-digit net sales growth and low single-digit adjusted EBITDA growth for fiscal year 2022.

  • Fourth Quarter Net Sales from Continuing Operations were $757.8 Million.
  • Fourth Quarter Net Income from Continuing Operations was $6.1 Million.
  • Fourth Quarter Diluted Earnings Per Share from Continuing Operations were $0.14.
  • Fourth Quarter Adjusted Earnings Per Share from Continuing Operations was $0.38.

Headline financials

Total Revenue

$1.16B

Previous: $1.17B-1.3%
EPS (adj)

$1.11

Previous: $1.72-35.5%
Adjusted EBITDA

$79.1M

No prior period
Capital Expenditures

$300K

Previous: $16.5M-98.2%
Free Cash Flow

$273M

Previous: $254M+7.5%
Net Income

$6.1M

Previous: $43.8M-86.1%
Operating Income

-$4M

Previous: $127M-103.2%
Gross Profit

$258M

Previous: $423M-39.0%
Cash & Equivalents

$188M

Previous: $532M-64.7%
Total Assets

$5.34B

Previous: $5.11B+4.6%
Stock-Based Comp

$5.4M

Previous: -$1.1M+590.9%

Revenue & EPS history

Spectrum Brands · Revenue · Quarterly

$1.16B

Q4 2021-1.3%vs Q4 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Spectrum Brands · $741M total across 3 segments · Q4 2023

  • Home & Personal Care
    $323M
  • Global Pet Care
    $292M
  • Home & Garden
    $125M

Forward guidance

Spectrum Brands expects mid to high single-digit reported net sales growth in Fiscal 2022, with foreign exchange expected to have a slightly positive impact based upon current rates. Fiscal 2022 adjusted EBITDA is expected to increase low-single digits.

Headwinds

  • Spectrum Brands expects $230-$250 million of additional inflation during Fiscal 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.8%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+2.1%

Avg return

30 days after

63%

40 / 64 earnings

Positive

+18.1%

Q4 2019

Best reaction

-26.0%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-7.8%-5.3%-4.2%
Q1 2026+10.2%+8.9%+11.8%
Q4 2025+10.0%+2.0%+15.2%
Q2 2025+3.8%+8.4%-9.7%
Q1 2025-7.7%-7.7%-9.2%
Q4 2024-3.9%-5.3%-3.6%
Q3 2024+7.4%+9.1%+12.6%
Q2 2024+12.2%+11.8%+6.9%
Q1 2024+7.4%+6.2%+4.4%
Q4 2023-14.0%-14.6%+3.3%
Q3 2023+4.7%+2.7%+8.8%
Q2 2023+2.7%+0.7%+3.4%
Q1 2023+1.2%+2.7%-7.9%
Q4 2022-2.7%+0.3%+16.7%
Q3 2022+1.2%-3.0%-12.9%
Q2 2022+7.2%+4.0%+4.6%
Q1 2022-0.8%+3.3%-0.4%
Q4 2021+11.4%+12.4%+3.8%
Q3 2021-1.9%-1.9%-5.3%
Q2 2021+3.7%-1.6%-5.8%
Q1 2021+3.2%+1.7%+0.3%
Q4 2020+2.3%+2.7%+9.9%
Q3 2020+8.6%+6.7%+13.0%
Q2 2020-2.4%-0.7%+10.3%
Q1 2020-0.6%-4.3%-12.7%
Q4 2019+18.1%+21.3%+20.3%
Q3 2019+9.0%+6.4%+19.6%
Q2 2019+4.8%-0.0%-7.4%
Q1 2019-18.4%-14.4%-3.3%
Q4 2018-17.0%-13.4%-26.8%
Q3 2018+13.7%+13.7%+18.4%
Q2 2018-26.0%-21.9%-15.1%
Q1 2018-3.9%-7.4%-9.8%
Q4 2017+12.8%+16.7%+15.8%
Q3 2017-3.5%-3.6%-9.3%
Q2 2017-9.8%-8.9%-2.7%
Q1 2017+6.7%+4.5%+14.0%
Q4 2016-1.0%+3.8%+1.3%
Q3 2016+7.0%+7.3%+15.4%
Q2 2016+2.0%
Q1 2016+0.9%
Q4 2015+3.6%
Q3 2015-2.9%
Q2 2015+1.0%
Q1 2015+3.8%
Q4 2014-3.1%
Q3 2014+0.2%
Q2 2014-0.6%
Q1 2014+5.1%
Q4 2013+4.0%
Q3 2013+3.7%
Q2 2013-1.6%
Q1 2013+0.1%
Q4 2011-3.4%
Q4 2012-10.8%
Q3 2012+0.0%
Q2 2012+1.0%
Q1 2011+0.6%
Q1 2012+2.0%
Q2 2011+0.7%
Q4 2010+0.3%
Q3 2011+0.3%
Q3 2010+1.6%
Q2 2010-4.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro