Spectrum Brands Q2 net sales rise 4.9% to $708.9 million; raises adjusted EBITDA outlook
Spectrum Brands reported fiscal second-quarter 2026 net sales of $708.9 million, up 4.9%, and net income from continuing operations of $22.5 million, compared with $1.8 million a year earlier. The company raised its fiscal 2026 adjusted EBITDA outlook to low to mid single-digit growth and said it entered a partnership with Oaktree Capital on its Home & Personal Care business, with a $127 million cash investment expected to close later in May.
Key points
- Net sales rose 4.9% to $708.9 million; organic net sales rose 1.5%, excluding $22.9 million of favorable foreign exchange.
- Net income from continuing operations was $22.5 million, or $0.96 diluted EPS, versus $1.8 million, or $0.06, a year earlier.
- Adjusted EBITDA rose 17.8% to $84.0 million; the company now expects fiscal 2026 adjusted EBITDA to be up low to mid single digits.
- Oaktree Capital's $127 million investment in preferred equity and debt is expected to close later this month; Spectrum Brands will keep about 73% of the Appliances business.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.