Spectrum Brands Holdings Inc (MEX:SPB)
MXN 1,845 (0%) Market Cap: 34.24 Bil Enterprise Value: 44.76 Bil PE Ratio: 16.22 PB Ratio: 1.04 GF Score: 77/100

Spectrum Brands Holdings Inc at Raymond James Institutional Investors Conference Transcript

Mar 05, 2019 / 06:40PM GMT
Joseph Nicholas Altobello
Raymond James & Associates, Inc., Research Division - MD & Senior Analyst

All right. Good afternoon, everybody, and thank you for joining us for our next presentation of the day, Spectrum Brands. I think to say the last 12 months have been fairly eventful for the company as you've installed the new CEO in David Maura, completed an upstream merger with your parent company, HRG Group, and most recently sold the battery business and Auto Care business with Energizer, netting upwards of $3 billion in cash. As a result, the new Spectrum is focused on 4 businesses: Hardware & Home Improvement, Home & Personal Care, Lawn and Garden and Pet. And while it's made great strides in addressing its balance sheet, results have been a bit choppy in recent quarters. That said, we do look forward to hearing about the strategy to return to more consistent performance from CFO Doug Martin. Also in attendance is the company's Vice President, Investor Relations, Dave Prichard, who will be retiring later this year and his successor, Kevin Kim, is also here.

And with that, let

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