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April 3, 2017
By: TOM BRANNA
Editor
Spectrum Brands Holdings, Inc. reported solid profit growth for the first quarter that ended Jan. 1, 2017. Net sales stayed almost flat at $1.21 billion. Operating expenses of $299.0 million in the first quarter of fiscal 2017 were essentially unchanged compared to $298.2 million in the prior year. “We delivered solid first quarter adjusted EBITDA and adjusted earnings per share growth with strong margin expansion despite a continuation of foreign currency headwinds,” said Andreas Rouvé, ch...
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