Spectrum Brands Holdings (SPB) stock surged 5.07% during intraday trading on Thursday, following the release of its fiscal first-quarter 2026 results that significantly exceeded analyst expectations.

The company reported adjusted earnings per share of $1.40, beating the consensus estimate of $0.76 by a substantial 84.21% and representing a 37.25% increase from the $1.02 reported in the same period last year. Quarterly sales came in at $677 million, surpassing the $667.175 million estimate despite a 3.31% year-over-year decline.

Management highlighted that its Global Pet Care business, the largest contributor to adjusted EBITDA, returned to growth during the quarter. The company also noted that net sales and adjusted EBITDA exceeded expectations despite ongoing macroeconomic challenges, and it expects flat to low-single-digit growth in reported net sales for fiscal 2026.