Spectrum Brands Holdings, Inc. · NYSE:SPB
Spectrum Brands — Q3 2026 Earnings Presentation
26 slides from Spectrum Brands's earnings presentation, Aug 7, 2026
Slide 1: Fiscal 2026 Third Quarter Earnings Call
Fiscal 2026 Third Quarter Earnings Call August 7, 2026
Slide 2: Introduction, CEO Overview, Financial & Business Review, Q&A
• Introduction – Jen Schultz Division Vice President, FP&A and Investor Relations • CEO Overview – David Maura Chairman and Chief Executive Officer • Financial & Business Review – Faisal Qadir Chief Financial Officer • Q&A – David Maura and Faisal Qadir
Slide 3: Forward-looking Statements
Forward-looking Statements 3 We have made or implied certain forward-looking statements in this document. Statements or expectations regarding our business and M&A strategy, macroeconomic headwinds, U.S. trade policy, our use of share repurchase plans, ERP platform transformation and productivity ex
Slide 4: Non-GAAP Financial Measures
Non-GAAP Financial Measures 4 Our consolidated results contain non-GAAP metrics such as organic net sales, adjusted EBITDA, adjusted EBITDA margin, adjusted EPS and adjusted Free Cash Flow. While we believe these Non-GAAP measures are useful supplemental information, such adjusted results are not in
Slide 5: CEO Overview
Spectrum Brands WE MAKE LIVING BETTER AT HOME™ CEO Overview (pACKWOOn¢ . David Maura (Fie | ) SWEAT RESISTANT REPELS MosauITOES
Slide 6: Third Quarter Headlines
Third Quarter Headlines 6 Summary Delivered topline growth in the quarter across all three businesses, with Net Sales improvement of 7.7% Returned to organic growth on a year-to-date basis despite continued macroeconomic challenges Delivered Adjusted EBITDA increase of $82 million, including $61 mil
Slide 7: FY26 Priorities
FY26 Priorities 7 • Remain cost competitive • Maintain healthy balance sheet • Embrace technological advances • Reduce complexity • Continue successful implementation of SAP S4/Hana • Drive innovation and accelerate market penetration • Elevate talent • Invest in development • Return to growth in GP
Slide 8: FY26 Earnings Framework
FY26 Earnings Framework 8 NET ADJUSTED ADJUSTED FREE SALES EBITDA CASH FLOW Flat to low single-digit Mid single-digit growth to ~ 50% Adjusted EBITDA growth to prior year prior year Conversion Sales growth in GPC and H&G, cost Expect return to growth in GPC and improvement initiatives, pricing Disci
Slide 9: Financial and Business Review
Financial and Business Review Faisal Qadir
Slide 10: Third Quarter 2026
Third Quarter 2026 10 KEY TAKEAWAYS Net Sales Adj. EBITDA • Organic net sales increased across all three businesses, led by Home & Garden 7.7% 106.7% with favorable weather conditions and continued brand strength • Excluding tariff refunds of $60.6M, Adjusted EBITDA was $98M • Adjusted EBITDA increa
Slide 11: Third Quarter Financial Review
Third Quarter Financial Review 11 Interest Expense -$0.2 vs. LY $0.6B $0.3B Debt outstanding Cash and cash equivalents Revolver Usage(1) $5M $495M Cash strategic transactions, restructuring, and other unusual, non-recurring items -$1.2M vs. LY Ended the period at 1.02x net leverage (1) In use revolv
Slide 12: Third Quarter 2026 Global Pet Care
Third Quarter 2026 Global Pet Care 12 Net Sales Adj. EBITDA KEY TAKEAWAYS 3.3% 91.8% • Organic net sales increased due to the continued strength of our key Companion Animal brands • Excluding tariff refunds, Adjusted EBITDA was $52M • Excluding tariff refunds, Adjusted EBITDA increased due to higher
Slide 13: Third Quarter 2026 Home & Garden
Third Quarter 2026 Home & Garden 13 Fourth Quarter 2023 N e t S a l e s Adj. EBITDA KEY TAKEAWAYS Home & Garden 19.0% 30.6% • Organic net sales increased with double digit gains across all pest control and herbicide categories driven by continued brand strength and favorable weather conditions • Exc
Slide 14: Third Quarter 2026 Home & Personal Care
Third Quarter 2026 Home & Personal Care 14 Net Sales Adj. EBITDA KEY TAKEAWAYS 3.6% 480.0% • Organic net sales increased driven by continued brand strength in LATAM and lower trade spend in EMEA, partially offset by NA softness • Excluding tariff refunds, Adjusted EBITDA was $14M • Excluding tariff
Slide 15: FY26 Earnings Framework
FY26 Earnings Framework 15 NET ADJUSTED ADJUSTED FREE SALES EBITDA CASH FLOW Flat to low single-digit Mid single-digit growth to ~ 50% Adjusted EBITDA growth to prior year prior year Conversion Sales growth in GPC and H&G, cost Expect return to growth in GPC and improvement initiatives, pricing Disc
Slide 16: FY26 Full Year Expectations
FY26 Full Year Expectations 16 Cash Taxes Cash Transactions CAPEX D&A $40M - $50M $25M - $35M $50M - $60M $115M - $125M Cash Payments of Cash Taxes Restructuring, Optimization Capital Expenditures Depreciation and and Strategic Initiatives Amortization
Slide 17: CEO Takeaways
Spectrum Brands WE MAKE LIVING BETTER AT HOME™ CEO Takeaways (pACKWOOn¢ . David Maura (Fie | ) SWEAT RESISTANT REPELS MosauITOES
Slide 18: CEO Key Takeaways
CEO Key Takeaways 18 STRONG MOMENTUM CONTINUED IN Q3 • Delivered sales and Adj EBITDA growth in Q3 across all three business units 1 • Outperformed market in key brands across GPC and H&G; pockets of stabilization in HPC • Continued focus on profitability CURRENT FOCUS • Build on year-to-date moment
Slide 19: Appendix
Spectrum Brands WE MAKE LIVING BETTER AT HOME™ Appendix SWEAT ] RESISTANT REPELS MosauITOES
Slide 20: Condensed Consolidated Statements of Income
Spectrum Brands WE MAKE LIVING BETTER AT HOME™ SPECTRUM BRANDS HOLDINGS, NC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) ‘Thee Month Pero ed ine Month Periods Ended von cxeptpe shave amount) ane 28,2026 un 282025 une 2206 fe 82085 tse 7 mas ood amas 2055 Cot of good st sms 5s 1269 12002
Slide 21: Condensed Consolidated Statements of Cash Flow
Spectrum Brands WE MAKE LIVING BETTER AT HOME™ SPECTRUM BRANDS HOLDINGS, INC. (CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) [Nine Month Periods Ended {in millions) June 28, 2026 June 29, 2025 Cash flows from operating activities Net cash provided by operating activities from continuing
Slide 22: Condensed Consolidated Statements of Financial Position
Spectrum Brands WE MAKE LIVING BETTER AT HOME™ SPECTRUM BRANDS HOLDINGS, INC. CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Unaudited) {in miltions) June 28, 2026 September 30, 2025 Assets Cash and cash equivalents ‘Trade receivables, net Other receivables nwentories Prepaid expenses and
Slide 23: Net Sales and Organic Net Sales
‘SPECTRUM BRANDS HOLDINGS, INC. OTHER SUPPLEMENTAL INFORMATION (Unaudited) NET SALES AND ORGANIC NET SALES The following is a summary of net sales by segment for the three and nine month periods ended June 28, 2026 and June 29, 2025, respectively. ‘Three Month Periods Ended Nine Month Periods Ended
Slide 24: Adjusted EBITDA Reconciliation
SPECTRUM BRANDS HOLDINGS, INC. OTHER SUPPLEMENTAL INFORMATION (Unaudited) The following is 2 reconciliation of reported net income from continuing operations to adjusted EBITDA and adjusted EBITDA ‘margin for the three and nine month periods ended June 28, 2026 and June 29, 2025, respectively. ‘Thre
Slide 25: Adjusted Diluted EPS
SPECTRUM BRANDS HOLDINGS, INC. OTHER SUPPLEMENTAL INFORMATION (Unaudited) ADJUSTED DILUTED EPS The following is a reconciliation of reported diluted EPS from continuing operations to adjusted diluted EPS from continuing ‘operations for the three and nine month periods ended June 28, 2026 and June 29
Slide 26: Adjusted Free Cash Flow
Spectrum Brands WE MAKE LIVING BETTER AT HOME™ ‘SPECTRUM BRANDS HOLDINGS, INC. OTHER SUPPLEMENTAL INFORMATION (Unaudited) ADJUSTED FREE CASH FLOW ‘The following is a reconciliation of reported operating cash flow from continuing operations to adjusted free cash flow for the nine month periods ended
Spectrum Brands Holdings — Q3 2026 Earnings Presentation on 6ix