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Spectrum Brands Reports Third Quarter Financial Results Aug 8, 2007 |
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Spectrum Brands, Inc. announced third quarter net sales of US$442.0 million and a net loss of $0.15 per share for the quarter ended July 1, 2007. Excluding certain items, the company generated a diluted loss per share of $0.16.
Spectrum Brands' third quarter net sales were $442.0 million, an increase of 3.4% compared with net sales of $427.5 million in the comparable period last year. The Global Batteries and Personal Care business segment generated year over year sales growth of 4%. Remington branded product sales increased 8%.