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Can Spectrum Brands' Digital and Portfolio Transformation Aid Growth?

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Key Takeaways

  • SPB boosts brand equity through marketing, product development and expanded digital channels.
  • SPB delivers more than $50M in fiscal 2025 savings via workforce cuts and space rightsizing.
  • SPB offsets tariff pressures with price hikes and supplier concessions, aiding sales and profitability.

Spectrum Brands Holdings Inc. (SPB - Free Report) is strategically investing in brand equity, digital channels and innovations. The company has made significant investments in marketing, product development and e-commerce, efforts that are positioning it for long-term success and demand resilience, especially across its pet care, home & garden and grooming categories.

The company is focused on improving its operating efficiency while concentrating on consumer insights and growth-enabling functions, including technology, marketing, and research and development. It is making investments in commercial capabilities. It has been making significant investments in brand-focused advertising, marketing and innovation. The company has been making investments in brand-building, particularly for its front-office and commercial capabilities.

Spectrum Brands is aggressively managing costs and pricing to protect margins against tariff and inflationary headwinds. Management has executed a broad set of actions, including headcount reductions, elimination of open positions, discretionary spending cuts and office, warehouse and distribution space rightsizing. The company has delivered above $50 million in fiscal 2025 savings through cost-reduction actions, including workforce adjustments across its entire business lines and corporate functions.

On the pricing side, Spectrum Brands passed tariff-driven costs to customers through multiple rounds of price increases. While negotiations with large retailers led to temporary stop-shipments, nearly all customers have now accepted tariff-adjusted pricing, supporting sales recovery. Together with supplier concessions and cost improvements, these actions have largely neutralized tariff exposure, demonstrating the company’s commitment to maintaining a disciplined cost structure and protecting long-term profitability.

Management believes in positioning the company’s portfolio greatly toward power-branded, faster-turning consumables while also pursuing greater scale. Hence, SPB’s strategic efforts and brand investments are strategically aligned and pivotal for long-term success.

SPB’s Price Performance, Valuation and Estimates

Spectrum Brands’ shares have lost 27.6% year to date compared with the industry’s 5.8% drop.

Zacks Investment Research
Image Source: Zacks Investment Research

From a valuation standpoint, SPB trades at a forward price-to-earnings ratio of 13.48X compared with the industry’s average of 16.31X.

Zacks Investment Research
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for SPB’s fiscal 2026 earnings indicates a year-over-year drop of 18.4% while that of fiscal 2027 EPS shows growth of 12.6%. The company’s EPS estimate for fiscal 2026 and fiscal 2027 has moved south in the past 30 days.

Zacks Investment Research
Image Source: Zacks Investment Research

Spectrum Brands carries a Zacks Rank #3 (Hold).

Key Consumer Discretionary Picks

Crocs, Inc. (CROX - Free Report) , which is a leading footwear company, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here

CROX delivered a trailing four-quarter earnings surprise of 14.3%, on average. The Zacks Consensus Estimate for Crocs’ current financial-year EPS indicates a decline of 7.9% from the year-ago number. 

Guess?, Inc. (GES - Free Report) , which is a designer and marketer of casual apparel and accessories, currently carries a Zacks Rank #2 (Buy). 

GES delivered a trailing four-quarter earnings surprise of 45%, on average. The Zacks Consensus Estimate for GES’ current financial-year sales indicates growth of 8% from the year-ago number. 

Kontoor Brands, Inc. (KTB - Free Report) , which is an apparel company, currently carries a Zacks Rank of 2.

The Zacks Consensus Estimate for KTB’s current financial-year EPS is expected to rise 12.5% from the corresponding year-ago reported figure. KTB delivered a trailing four-quarter earnings surprise of 14%, on average.

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