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Spectrum Brands Sees Sales Slip in 2009

CEO calls 2009 a “watershed year" for maker of Cutter brand.

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By: TOM BRANNA

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In announcing fourth quarter and full year results, chief executive officer Kent Hussey called 2009 a “watershed year” for Spectrum Brands Inc., the Atlanta-based maker of Cutter and Repel insect repellents and Hot Shot insecticides. The firm, which also produces Remington hair styling tools, Rayovac batteries and pet supplies, emerged from bankruptcy on Aug. 28. Spectrum’s consolidated net sales were $589.4 million and $2.2 billion for the fourth quarter and full year fiscal 2009, r...

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