Spectrum Brands Holdings, Inc. (SPB) SEC Filings & Earnings Calls

Extensive list of macroeconomic, geopolitical, and operational risks including tariffs, inflation, supply chain, and cybersecurity.

“The impact of, uncertainty around and changes to, tariffs and trade policies ... inflation, recession ... supply chain relocation efforts”

Tariff Policy Uncertainty

“Despite the IEEPA tariff refunds, the Company continues to be subject to ongoing tariff and duties... there continues to be a high degree of risk and uncertainty around potential changes to the U.S. trade policy.” · word for word

Geopolitical Conflict Impact

“International conflicts have meaningfully elevated input cost pressures across our global operations... disruptions impacting freight and logistics costs.” · word for word

HPC Segment Weakness

“HPC organic net sales decreased 7.4% YTD... impacted by overall consumer softness due to increased pricing from tariffs and SKU rationalization.”

Tariff cost pressure impacting gross margin, partially offset by pricing and cost actions.

“Higher tariff cost and additional trade and investment spend.” · word for word

Consumer demand softness in Home & Personal Care segment across North America and Europe.

“Consumer demand softness in Home and Personal Care across both North America and Europe.” · word for word

Strategic order accelerations by retailers may pull forward future demand.

“Strategic order accelerations by certain retailers also contributed.” · word for word

Tariff cost pressure on HPC segment

“The changes to U.S. trade policy including the introduction of incremental U.S. tariffs on imported goods in the prior year have had a significant impact to our operations, increasing costs for sourced products, materials and components, and thus raising cost of goods sold and pressuring profit margins.” · word for word

Consumer demand softness in HPC

“The decrease in EMEA sales was impacted by higher levels of retailer inventory following softness in consumer demand amid increased competition within the market, resulting in lower replenishment orders.” · word for word

Tariff refund uncertainty

“We have been evaluating our approach towards potential refunds and have not yet taken steps to seek a refund of tariffs we have previously paid.” · word for word

HPC business carries debt and preferred equity with 8% dividend; recourse only to HPC.

“Preferred equity accrues 8% dividend; term loan at SOFR+5.50%.”

Tariff cost pressure on margins

“The changes to U.S. trade policy including the introduction of incremental U.S. tariffs on imported goods in the prior year have had a significant impact to our operations, increasing costs for sourced products, materials and components, and thus raising cost of goods sold and pressuring profit margins.” · word for word

Consumer demand softness in HPC

“North America sales decreased in both product categories were adversely impacted by overall consumer softness in light of increased product cost from tariffs and SKU rationalization actions in response to changes in trade policy to ensure overall profitability.” · word for word

HPC segment strategic separation uncertainty

“The Company continues to assess strategic opportunities for a proposed HPC separation, as well as considerations within the macroeconomic environment that may affect the timing and ability to execute on such initiative.” · word for word

Tariff cost pressure on margins

“Higher tariff cost cited as driver of gross margin and EBITDA decline.”

Consumer demand softness

“Category demand softness and prior year inventory build impacting Home & Garden.”

Tariff and Trade Policy Uncertainty

“Our Compensation Committee determined in its reasonable and good faith judgment that the negative impact of tariff increases or similar actions resulted in halting of product orders, impact of negative pricing actions and demand reduction and associated degradation in Fiscal 2025.” · word for word

Consumer Demand Sensitivity

“Navigated a challenging macroeconomic environment driven by trade policy uncertainty and tariff volatility, impacting overall consumer sentiment and market predictability.” · word for word

Tariff and inflation cost pressure

“higher costs attributable to incremental tariffs and inflationary costs” · word for word

Impairment risk on indefinite-lived intangibles

“The Company believes there is a potential risk of impairment primarily associated with the Rejuvenate® tradename, with a carrying cost of $24.0 million as of September 30, 2025” · word for word

Supply chain disruption from halting China imports

“We made the difficult but necessary decision to address the uncertain trade policy by halting all imports from China for the US market... resulted in continued supply shortages in the fourth quarter.” · word for word

Category softness in pet care and home/personal care

“Category softness continued to impact both our Global Pet Care (GPC) and Home and Personal Care (HPC) businesses.” · word for word

Tariff and inflation cost pressure

“Gross profit and margin decreased from lower volume, unfavorable mix, inflation and tariffs” · word for word