Spectrum Brands Holdings Inc.

NYSE:SPB   3:59:59 PM EDT
95.24
+0.40 (+0.42%)
Debt Financing / Related, Earnings Announcements

Spectrum Brands Announces Definitive Agreement To Sell Hardware & Home Improvement Segment For $4.3 Billion In Cash

Published: 09/08/2021 19:33 GMT
Spectrum Brands Holdings Inc. (SPB) - Spectrum Brands Announces Definitive Agreement to Sell Hardware & Home Improvement Segment for $4.3 Billion in Cash.
Spectrum Brands Holdings Inc Proposes Qtrly Cash Dividend $0.42 per Common Share.
Spectrum Brands Holdings Inc - Agreement to Sell Its Hhi Segment to Assa Abloy for $4.3 Billion in Cash.
Spectrum Brands Holdings Inc - Upon Close, Spectrum Brands Expects to Receive Approximately $3.5 Billion in Net Proceeds.
Spectrum Brands Holdings Inc - Co Expects to Use Proceeds From Deal to Repay Debt & Reduce Its Gross Leverage Ratio to About 2.5x Times in Near Term.
Further Company Coverage: Spbn ((reuters.
Briefs@thomsonreuters.
Com;)).
Revenue is expected to be $1.12 Billion
Adjusted EPS is expected to be $0.79

Next Quarter Revenue Guidance is expected to be $1.07 Billion
Next Quarter EPS Guidance is expected to be $1.30

More details on our Analysts Page.