Spectrum Brands posts $20.3 million Q3 net loss; sales up 7.7%, EBITDA outlook raised
Spectrum Brands reported fiscal third-quarter 2026 net sales of $753.3 million, up 7.7%, but swung to a net loss from continuing operations of $20.3 million, compared with net income of $20.5 million a year earlier. The results include a one-time $60.6 million benefit from IEEPA tariff refunds and a one-time non-cash impairment charge on its Home and Personal Care business. The company raised its fiscal 2026 adjusted EBITDA expectation, excluding tariff refunds, to mid single digit growth, while net sales guidance was unchanged.
Key points
- Net sales rose 7.7% to $753.3 million; Home & Garden sales rose 19.0% to $225.2 million
- Net loss from continuing operations was $20.3 million, or $1.11 per diluted share, versus net income of $20.5 million, or $0.83 per diluted share, a year earlier
- Adjusted EBITDA was $158.3 million, up 106.7%; excluding $60.6 million of tariff refunds, it was $97.7 million, up 27.5%
- Fiscal 2026 adjusted EBITDA expectation, excluding tariff refunds, raised to mid single digit growth; net sales still expected flat to up low single digits
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 August 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.