Spectrum Brands SPB Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, February 5, 2026 astatine 9:34 AM CST 43 min read

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Feb. 5, 2026, 9 a.m. ET

• Chairman and Chief Executive Officer — David Maura

• Chief Financial Officer — Faisal Cutter

• Senior Vice President, Investor Relations — Jen Schultz

David Maura, our Chairman and Chief Executive Officer, and Faisal Cutter, our Chief Financial Officer. After opening remarks, we volition behaviour the Q&A. Turning to slides 3 and four, our comments contiguous see forward-looking statements, including statements astir tariffs, which are based upon management's existent expectations and assumptions, and are by quality uncertain. Actual results whitethorn disagree materially. Due to that risk, Spectrum Brands encourages you to reappraisal the hazard factors and cautionary statements outlined successful our property merchandise dated 02/05/2026, our astir caller SEC filings, and Spectrum Brands Holdings' astir caller yearly study connected Form 10-K and quarterly reports connected Form 10-Q. We presume nary work to update immoderate forward-looking statements.

Also, delight enactment that we volition sermon definite non-GAAP fiscal measures successful this call. Reconciliations connected a GAAP ground for these measures are included successful today's property merchandise and descent presentation, which are some disposable connected our website successful the Investor Relations section. Now I'll crook the telephone implicit to David Maura. David?

David Maura: Morning. Thank you, Jen. Good morning, everybody. We would similar to invited you this greeting to our archetypal 4th net update for fiscal 2026. And again, convey you for joining america today. I'll commencement the telephone contiguous with an update connected the operating situation and its interaction connected our company, Spectrum Brands. I'll past speech astir our operating performance, and past I'll speech astir our strategical initiatives. Faisal volition past supply a batch much colour and elaborate fiscal and operations updates, including discussions connected the circumstantial concern portion results. But tin present everybody crook to descent six. Our fiscal results for the archetypal 4th show that our strategy is working.

Fiscal 2025 was a challenging year, and we took immoderate pugnacious but indispensable actions that positioned america good for the future. We proactively and decisively addressed forces beyond our control, and we are already seeing the affirmative interaction of those decisions wrong our results. While the hard enactment is not over, we are assured that we volition proceed to make a competitory vantage for our company. We are pleased that our archetypal 4th nett income and adjusted EBITDA exceeded expectations contempt continued headwinds. These results reenforce our content that the astir important impacts from the tariff disruptions past twelvemonth and the macroeconomic volatility we judge these issues are mostly down america owed to our decisive mitigating activities.