Revenue growth at Spectrum Brands

Spectrum Brands Holdings, one of the world’s leading providers of branded consumer goods and household products, has announced its results from continuing operations for the second quarter of the 2026 financial year.

‘We are pleased with our results this quarter, in which we recorded revenue growth for the first time since the first quarter of the 2025 financial year,’ said David Maura, Chairman and Chief Executive Officer of Spectrum Brands. The key brands in Global Pet Care and Home & Garden continue to outperform the market thanks to strong innovation and sales gains, according to the report.

In Home & Personal Care, whilst net sales declined, adjusted EBITDA increased, highlighting the positive impact of the measures taken last year. ‘These results once again confirm the effectiveness of our strategic initiatives and the strength of our team,’ Maura continued. ‘Looking ahead, whilst we remain focused on the dynamic macroeconomic environment, our first-half results represent significant progress for the full financial year.’ He added: ‘We are updating our earnings guidance and raising our adjusted EBITDA forecast to low to mid-single-digit growth, whilst maintaining our revenue forecast of flat to low single-digit growth for the 2026 financial year.’ Summary of results:

• second-quarter net sales increased by 4.9% and organic net sales excluding foreign exchange increased by 1.5%

• second-quarter net income from continuing operations of $22.5 million and adjusted EBITDA of $84.0 million, increased by $20.7 million and $12.7 million, respectively

• ended the second quarter with net debt leverage of 1.66x adjusted EBITDA

• Entered into a strategic partnership in the home and personal care segment, designed to accelerate long-term growth of the business

• Updating the fiscal 2026 framework: we continue to expect net sales to be flat to up in the low single digits and approximately 50% conversion of adjusted EBITDA to adjusted free cash flow; adjusted EBITDA is now expected to be up in the low to mid single digits.