By Nicholas G. Miller
Spectrum Brands reported lower fourth-quarter sales as weak consumer sentiment and an earlier pause in China imports hurt its largest divisions.
The consumer-products company reported net income from continuing operations of $53.3 million, or $2.19 a share, up from $12.8 million, or 45 cents a share, the year prior.
Adjusted earnings from continuing operations were $2.61 a share.
Net sales fell 5.2% to $733.5 million, missing Wall Street's expectation of $738.9 million, according to FactSet. Net sales in its home and personal-care division fell 12%. The company said the division's sales were dragged down by consumer sentiment and supply shortages from an earlier pause in orders due to tariffs on Chinese imports.
"Earlier in the year, we made the difficult but necessary decision to address the uncertain trade policy by halting all imports from China for the U.S. market and focus on running the business for cash," said Chief Executive David Maura. "Our fourth quarter and full-year results reflect the impacts of those decisions and a challenging macroeconomic environment."
The Middleton, Wis., company guided for flat to low-single-digit net sales growth for fiscal 2026.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
November 13, 2025 07:49 ET (12:49 GMT)
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