Can Growth Initiatives Help Spectrum Brands Pare Hurdles?
Zacks Investment Research | Aug 26, 2019 10:54PM ET
Spectrum Brands Holdings, Inc. (NYSE:SPB) is moving down the charts, thanks to higher operating and distribution costs that are weighing on the company’s performance. Despite registering a top- and bottom-line beat in third-quarter fiscal 2019, the company’s sales fell year over year due to decline across most of its segments and adverse foreign currency translations.
Consequently, shares of the company have lost 16.9% in the past three months compared with the Original post
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