The consumer products firm reported non-GAAP EPS of $2.79, exceeding expectations by $1.33 as sales rose 7.7% year-over-year.
Spectrum Brands posted third-quarter non-GAAP earnings per share of $2.79, surpassing estimates by $1.33. Revenue reached $753.3 million, up 7.7% from the prior year and $21.75 million above forecasts.
Net sales growth was driven by a 6.6% increase in organic net sales, excluding $7.5 million in favorable impacts. The company’s performance reflects stronger demand across its product segments.
Shares showed limited movement in after-hours trading as investors digested the results.