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Stock impact report

Spectrum Brands Holdings to Reaffirm Fiscal 2020 Guidance at CAGNY Conference

Spectrum Brands Holdings, Inc. (SPB) 
Last spectrum brands holdings, inc. earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Business Wire
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products company focused on driving innovation and providing exceptional customer service, announced it will reaffirm fiscal 2020 guidance today at the 2020 Consumer Analyst Group of New York (CAGNY) Conference.Spectrum Brands continues to expect low single-digit reported net sales growth in fiscal 2020, with foreign exchange rates expected to have a slightly negative impact based upon current rates. We continue to expect fiscal 2020 adjusted EBITDA to be between $570 to $590 million, and adjusted free cash flow to be between $240 million and $260 million.Going forward, the Company plans to generally only discuss its guidance metrics at its quarterly earnings calls. This is an update to the Company’s disclosure policy, which we may evaluate and amend from time to time.FORECASTED ADJUSTED EBITDA The following is a reconciliation of fore Show less Read more
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