Spectrum Brands Holdings Inc. reports fiscal 2025 net sales of $2.81 billion
Spectrum Brands Holdings Inc. reported net sales of $2,809.0 million for the fiscal year ended September 30, 2025, a decrease of $154.9 million or 5.2% compared to $2,963.9 million in the previous year. Gross profit was $1,031.9 million, down 7.0% from $1,109.3 million in 2024. Selling, general and administrative expenses totaled $882.6 million, a reduction of 7.4% from $953.4 million last year. Impairment of intangible assets was $16.6 million, down from $45.2 million in 2024. The company noted that incremental U.S. tariffs on imported goods, particularly from China, are expected to significantly impact operations by increasing costs for sourced products. The company also stated that ongoing litigation matters are not expected to have a material adverse effect on its financial condition or results of operations.
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