Spectrum Brands Holdings, Inc. (SPB), a manufacturer of consumer products and home essentials, Thursday reported net income from continuing operations of $17.4 million or $0.51 per share compared with loss of $40.3 million or $0.99 per share in the same quarter a year ago.
Net income was $29.1 million or $0.85 per share compared with net loss of $20.9 million or $0.51 per share last year.
Sales for the quarter declined to $692.2 million from $713.3 million in the previous year, driven by lower demand.
Analysts on average polled by Thomson-Reuters were expecting earnings of $0.43 per share on revenue of $673.86 million. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.