Pzena Investment Management LLC Increases Stake in Spectrum Brands Holdings Inc. $SPB
Pzena Investment Management LLC significantly increased its stake in Spectrum Brands Holdings Inc. by 66.8% in the third quarter, now owning 2,459,485 shares valued at approximately $129.2 million, representing 10.16% of the company. Spectrum Brands reported strong quarterly earnings, beating analyst expectations with an EPS of $1.40 and revenue of $677 million, despite a slight year-over-year revenue decrease. The company also announced a quarterly dividend of $0.47, and analysts maintain a "Moderate Buy" rating with an average price target of $83.
Q4 Household Products Earnings Review: First Prize Goes to Spectrum Brands (NYSE:SPB)
Spectrum Brands (NYSE:SPB) had a strong Q4, exceeding analyst revenue and adjusted operating income estimates, with its Global Pet Care business returning to growth. Energizer (NYSE:ENR) also saw strong revenue growth, outperforming expectations, while WD-40 (NASDAQ:WDFC) had a softer quarter with a miss on EPS and EBITDA estimates. Overall, household products stocks reported mixed Q4 results, but share prices have shown resilience.
LSV Asset Management Decreases Holdings in Spectrum Brands Holdings Inc. $SPB
LSV Asset Management reduced its stake in Spectrum Brands Holdings Inc. by 3.6% in the third quarter of 2025, selling 21,600 shares and now holding 585,880 shares valued at approximately $30.78 million. Despite this, other institutions significantly increased their positions, and analysts maintain a "Moderate Buy" rating with an average target price of $83. The company also reported strong quarterly earnings, beating estimates, and announced a quarterly dividend of $0.47 per share.
There's A Lot To Like About Spectrum Brands Holdings' (NYSE:SPB) Upcoming US$0.47 Dividend
Spectrum Brands Holdings (NYSE:SPB) is set to distribute a US$0.47 dividend, with its ex-dividend date approaching on February 17th. The company shows a healthy dividend payout ratio, covering its distributions comfortably with 44% of profit and 15% of free cash flow, alongside strong earnings per share growth. Although the dividend has historically decreased, its current sustainability and growth prospects make it an attractive consideration for investors.
The Top 5 Analyst Questions From Spectrum Brands's Q4 Earnings Call
Spectrum Brands (SPB) exceeded Q4 earnings expectations, driven by a recovery in its consumables portfolio and growth in global pet care. Management discussed the future outlook, including the cadence of improvement, investment strategies, and potential consolidation for the challenging home and personal care unit. Analysts highlighted key areas such as pet demand stabilization and growth opportunities in different segments.
There's A Lot To Like About Spectrum Brands Holdings' (NYSE:SPB) Upcoming US$0.47 Dividend
Spectrum Brands Holdings (NYSE:SPB) is set to pay a US$0.47 per share dividend, with a trailing yield of 2.5%. The company exhibits strong earnings growth of 33% annually over five years and maintains conservative payout ratios of 44% from profit and 15% from free cash flow, suggesting dividend sustainability despite past cuts. Investors need to acquire shares before February 17th to be eligible for the March 10th payment.
Spectrum Brands Holdings Inc. (NYSE:SPB) Receives Consensus Rating of "Moderate Buy" from Brokerages
Spectrum Brands Holdings Inc. (NYSE:SPB) has received a consensus "Moderate Buy" rating from seven brokerages, with an average one-year price target of $83.00. The company recently reported strong quarterly earnings, beating EPS estimates significantly with $1.40 versus an expected $0.77, and revenues slightly above forecasts at $677 million. SPB also declared a quarterly dividend of $0.47 per share, yielding approximately 2.5% annually.
A Look At Spectrum Brands (SPB) Valuation After Buyback Launch And Strong Pet Care Results
Spectrum Brands Holdings (SPB) has attracted investor interest following strong Q1 results, a new $300 million share buyback, and plans for acquisitions. The company's stock has seen a significant 90-day rebound of 43.82%, though its P/E ratio is slightly above the fair ratio while remaining below industry and peer averages. Analysts are considering whether its current valuation still offers a buying opportunity, especially given the positive outlook for its Global Pet Care and Home & Garden segments.
Spectrum Brands Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Spectrum Brands Holdings (NYSE:SPB) saw its stock price rise 19% following better-than-expected first-quarter profit results, despite revenues meeting analyst expectations. Analysts have increased their earnings per share forecasts and raised price targets, indicating increased optimism for the company's future after the latest report. While Spectrum Brands' revenue growth is projected to continue its historical trend, it is expected to grow slower than the broader industry.
Spectrum Brands Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Spectrum Brands Holdings, Inc. (NYSE:SPB) saw its stock price rise by 19% after beating analyst forecasts for its first-quarter earnings, delivering a profit of US$1.21 per share. Analysts subsequently updated their predictions, increasing earnings per share expectations and raising the consensus price target by 9.7% to US$85.29. Despite the positive earnings update, the company's projected revenue growth is still expected to be slower than the broader industry.
Spectrum Brands Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Spectrum Brands Holdings, Inc. (NYSE:SPB) saw its stock price rise by 19% after beating analyst forecasts for its first-quarter results, with an impressive 56% surge in statutory profit per share. Following these strong results, analysts have updated their predictions, increasing earnings per share expectations and raising the consensus price target by 9.7% to US$85.29, indicating increased optimism despite revenue growth projections remaining consistent with historical trends and slightly slower than the wider industry.
SPB Q4 Deep Dive: Pet Care Momentum and Seasonal Recovery Lead the Narrative
Spectrum Brands (SPB) exceeded Q4 CY2025 revenue and profit expectations, driven by a rebound in its global pet care business and anticipated seasonal recovery in home and garden. Despite softness in home and personal care, the company is focused on innovation, disciplined investments, and streamlining its product strategy for future growth. Management highlighted share gains in pet care and strong seasonal prospects for home and garden.
Spectrum Brands Beats Q1 Earnings & Sales Estimates, Reaffirms View
Spectrum Brands (SPB) significantly surpassed Q1 fiscal 2026 earnings and sales estimates, leading to a 10.2% jump in its share price. Despite a year-over-year decline in sales due to weaknesses in category demand, the company reaffirmed its fiscal 2026 outlook, projecting flat to low-single-digit net sales growth and a low-single-digit rise in adjusted EBITDA. The earnings beat was driven by lower income tax and decreased outstanding shares, while the Global Pet Care segment showed renewed growth.
Spectrum Brands (NYSE:SPB) Stock Price Up 10.7% After Strong Earnings
Spectrum Brands (NYSE:SPB) saw its stock price rise by 10.7% after reporting strong Q1 earnings, with EPS of $1.40 significantly beating analyst estimates. Despite a 3.3% year-over-year revenue decline, the company announced a $300 million share repurchase program and a quarterly dividend of $0.47 per share, boosting investor confidence. While several analysts raised price targets, mixed analyst views and persistent top-line pressure suggest that a sustained re-rating of the stock might be limited due to the earnings beat being driven by margin or mix benefits.
Spectrum Brands Holdings, Inc. (NYSE:SPB) Q1 2026 Earnings Call Transcript
Spectrum Brands Holdings, Inc. (NYSE:SPB) reported its Q1 2026 earnings, exceeding expectations with an EPS of $1.21 against an anticipated $0.77. The company's Global Pet Care business returned to growth, and while Home and Garden experienced a planned decline due to inventory timing, it's expected to rebound in the second half. Spectrum Brands reiterated its full-year guidance for flat to low single-digit net sales growth and low single-digit adjusted EBITDA growth, emphasizing its strong balance sheet and strategic initiatives.
Oppenheimer raises Spectrum Brands stock price target to $85 on pet care growth
Oppenheimer increased its price target for Spectrum Brands (NYSE:SPB) to $85.00 from $75.00, maintaining an Outperform rating, following the company's strong fiscal first-quarter 2026 results. The company reported revenue of $677 million, exceeding analyst estimates, driven primarily by significant growth in its Global Pet Care segment. Despite weakness in other segments like Home & Garden and Home and Personal Care, management reaffirmed its full-year 2026 guidance, expecting overall growth to be led by pet care.
Spectrum Brands Q1 2026 slides: Pet Care growth offsets broader sales decline
Spectrum Brands (NYSE:SPB) reported its Q1 2026 earnings, showcasing a mixed performance where growth in its Global Pet Care segment helped offset a broader decline in sales. Despite a 3.3% decrease in net sales year-over-year, the company exceeded analyst expectations with an adjusted EPS of $1.40 against a forecast of $0.76. The Global Pet Care segment saw an 8.3% increase in net sales, while other segments like Home & Garden and Home & Personal Care experienced declines.
Spectrum Brands Holdings, Inc. SEC 10-Q Report
Spectrum Brands Holdings, Inc. has released its Q3 10-Q report, detailing financial performance and operational highlights. The company reported a 3.3% decrease in net sales to $677.0 million, though net income increased by 19.3% to $28.4 million. Strategic initiatives like operational efficiencies and supply chain diversification, alongside an ongoing ERP transformation, are underway to foster future growth.
Spectrum Brands (SPB) Q1 Earnings and Revenues Top Estimates
Spectrum Brands (SPB) significantly surpassed Q1 earnings estimates with $1.4 per share, beating the Zacks Consensus Estimate of $0.77 by 82.70%. The company also reported revenues of $677 million, exceeding expectations by 1.65%. Despite these strong results and a year-to-date stock increase of 15.8%, Spectrum Brands currently holds a Zacks Rank #4 (Sell), suggesting potential underperformance in the near future based on unfavorable earnings estimate revisions.
Spectrum Brands (SPB) Posts Strong Q1 Revenue, Surpasses Estimat
Spectrum Brands (SPB) reported strong first-quarter revenue of $677 million, exceeding analyst expectations. The Global Pet Care segment was a key contributor to its Adjusted EBITDA, and strategic adjustments in fiscal 2025 have positively impacted financial performance despite macroeconomic challenges. The company, operating in the Consumer Defensive sector, demonstrates solid financial health with good liquidity and prudent leverage, though its Altman Z-Score suggests potential financial stress.
Spectrum Brands Holdings Reports Fiscal 2026 First Quarter Results
Spectrum Brands Holdings reported its fiscal first-quarter 2026 results, with net sales decreasing 3.3% and organic net sales down 6.0%. Despite macroeconomic challenges, the company exceeded expectations, primarily driven by growth in its Global Pet Care business. Spectrum Brands reiterated its fiscal 2026 framework, anticipating flat to low single-digit growth in net sales, low single-digit adjusted EBITDA growth, and approximately 50% conversion of adjusted EBITDA to adjusted free cash flow.
Spectrum Brands Holdings Reports Fiscal 2026 First Quarter Results
Spectrum Brands Holdings reported mixed results for the first quarter of fiscal 2026, with net sales decreasing by 3.3% to $677 million but net income from continuing operations increasing by 19.5% to $29.4 million. The Global Pet Care segment showed strong growth, while Home & Garden and Home & Personal Care segments experienced declines. The company repurchased shares, maintained a strong balance sheet, and reaffirmed its fiscal 2026 outlook for flat to low single-digit revenue and adjusted EBITDA growth.
Earnings Flash (SPB) Spectrum Brands Holdings, Inc. Reports Fiscal Q1 Revenue $677.0M, vs. FactSet Est of $668.1M
Spectrum Brands Holdings, Inc. (SPB) announced its fiscal Q1 revenue reached $677.0 million, surpassing the FactSet estimate of $668.1 million. This financial update indicates a stronger-than-expected revenue performance for the diversified global consumer products company. The news was released as part of an earnings flash report, alongside an earlier release noting adjusted EPS of $1.40 per share against an estimate of $0.76.
Spectrum Brands Holdings Declares Quarterly Common Stock Dividend of $0.47 Per Share
Spectrum Brands Holdings, Inc. (NYSE: SPB) has announced a quarterly dividend of $0.47 per share on its Common Stock, payable on March 10, 2026, to shareholders of record as of February 17, 2026. The company is a home-essentials provider with a mission to deliver innovative products for use in and around the home through its trusted brands. Spectrum Brands offers a broad portfolio of market-leading brands across various categories, including pet supplies, lawn and garden products, personal care items, and small household appliances.
Spectrum Brands Holdings Inc. (NYSE:SPB) Announces Quarterly Dividend of $0.47
Spectrum Brands Holdings Inc. (NYSE:SPB) declared a quarterly dividend of $0.47 per share, payable on March 10th to shareholders of record on February 17th. This translates to an annualized dividend of $1.88 and a 2.7% yield, with a payout ratio of 40% which is projected to decrease to 32.4% next year based on analysts' EPS estimates. The company's stock recently traded higher at $68.49 after reporting strong quarterly earnings that surpassed analyst expectations.
Spectrum Brands (SPB) Q4 Earnings Report Preview: What To Look For
Spectrum Brands (SPB) is set to report its Q4 earnings before market open this Thursday. Analysts project a revenue decline of 4.5% year-on-year to $668.8 million and adjusted earnings of $0.76 per share, following a mixed previous quarter where revenue missed expectations but EPS beat them. Despite mixed past performance and anticipated declines, investor sentiment in the household products segment is positive, with SPB shares up 10.9% over the last month.
Spectrum Brands declares $0.47 quarterly dividend By Investing.com
Spectrum Brands Holdings, Inc. (NYSE: SPB) announced a quarterly dividend of $0.47 per share, yielding 2.81% and showing 11.9% growth. The dividend is payable on March 10, 2026, to shareholders of record as of February 17, 2026. InvestingPro analysis suggests the company is undervalued with "GREAT" financial health, despite recent mixed Q4 2025 earnings where EPS beat forecasts but revenue slightly missed.
Spectrum Brands Holdings Declares Quarterly Common Stock Dividend of $0.47 Per Share
Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that its Board of Directors declared a quarterly dividend of $0.47 per share on the company's Common Stock. The dividend is scheduled to be paid on March 10, 2026, to shareholders of record as of February 17, 2026. Spectrum Brands is a home-essentials company offering a wide range of products through various trusted brands.
Spectrum Brands (NYSE:SPB) Receives Outperform Rating from Royal Bank Of Canada
Royal Bank of Canada has reissued an "Outperform" rating for Spectrum Brands (NYSE:SPB) with a $75 price target, suggesting a potential 12.17% upside. The company has a consensus "Moderate Buy" rating from analysts and recently beat earnings estimates, reporting $2.61 EPS versus the expected $0.77. Spectrum Brands' stock is currently trading around $66.86 with a market cap of $1.56 billion.
Spectrum Brands Holdings (SPB) Analyst Rating Reiterated by RBC Capital | SPB Stock News
RBC Capital has reiterated its "Outperform" rating for Spectrum Brands Holdings (SPB), maintaining a price target of $75.00. This decision reflects continued confidence in the company, despite prior varying analyst adjustments to price targets and ratings. The average Wall Street analyst forecast suggests a 16.18% upside from the current price, with GuruFocus estimating an even higher potential upside of 62.61% based on its GF Value.
Spectrum Brands to Report Q1 Earnings: What's in the Offing?
Spectrum Brands (SPB) is projected to report significant top and bottom-line declines for its first-quarter fiscal 2026 results due to macroeconomic headwinds, global trade volatility, and weak consumer confidence, especially in European markets. The company's revenues are estimated to drop by 4.9% to $666 million, and EPS is expected to decrease by 24.5% to 77 cents. Despite efforts to enhance brand equity and operational efficiencies, the Zacks Model does not predict an earnings beat for SPB, which currently holds a Zacks Rank #4 (Sell).
A Look At Spectrum Brands Holdings (SPB) Valuation After Greenlight Interest And 2026 Growth Expectations
Greenlight Capital has added Spectrum Brands Holdings (SPB) to its portfolio, citing confidence in the company's prospects beyond 2025. Despite a recent 1-year share price decline, the market narrative suggests SPB is 15.2% undervalued, with a fair value of $75.14, driven by expected earnings and margin recovery into fiscal 2026. This valuation hinges on resolving supply chain issues and improved customer relationships, though risks like renewed sourcing disruption could challenge this outlook.
Spectrum Brands to Report Q1 Earnings: What's in the Offing?
Spectrum Brands Holdings, Inc. (SPB) is projected to experience declines in both top and bottom lines for its first-quarter fiscal 2026 results, with revenue expected to drop by 4.9% and EPS by 24.5%. Macroeconomic headwinds, global trade volatility, supply constraints, and weak consumer confidence in European markets are cited as key negative factors. Despite these challenges, the company's efforts in brand enhancement, e-commerce expansion, and supply chain modernization offer some positive prospects.
Analysts estimate Spectrum Brands (SPB) to report a decline in earnings: What to look out for
Analysts are predicting a decline in earnings for Spectrum Brands (SPB) in its upcoming quarterly report, with an estimated year-over-year decrease of 50% for both earnings and revenue. The company has a mixed history of beating EPS estimates. Investors will be watching key metrics like revenue, gross profit, and segment performance to assess the company's financial health.
Spectrum Brands (SPB) Projected to Post Quarterly Earnings on Thursday
Spectrum Brands (SPB) is projected to release its Q1 2026 earnings on Thursday, February 5th, with analysts expecting $0.77 EPS and $667.6 million in revenue. The company previously beat EPS estimates in the prior quarter but saw a 5.2% year-over-year decline in revenue. Analysts currently hold a "Moderate Buy" rating for SPB with an average target price of $77.00.
Analysts Estimate Spectrum Brands (SPB) to Report a Decline in Earnings: What to Look Out for
Analysts expect Spectrum Brands (SPB) to report a year-over-year decline in both earnings and revenues for the quarter ended December 2025, with an adjusted EPS of $0.77 and revenues of $666 million. The company's Earnings ESP and Zacks Rank suggest it is not a strong candidate for an earnings beat. Investors are advised to consider other factors beyond just the earnings report when evaluating the stock.
Spectrum Brands (NYSE:SPB) Share Price Passes Above 200 Day Moving Average - Should You Sell?
Spectrum Brands (NYSE:SPB) shares have risen above their 200-day moving average, trading at $62.59 after reaching a high of $65.50. Analysts maintain a "Moderate Buy" rating with a consensus price target of $77, following recent price target increases from Canaccord and Wells Fargo. The company recently reported an EPS beat of $2.61 against an expected $0.77, despite revenue missing estimates and falling 5.2% year-over-year.
Spectrum Brands Holdings Inc (SPB) Stock Price Down 2.97% on Jan 28
Spectrum Brands Holdings Inc (SPB) saw its stock price drop by 2.97% on January 28, reaching an intraday low of $63.13 before closing at $63.32. Analysts have an average target price of $77.75 for SPB, suggesting a potential upside of 22.79%, while GuruFocus estimates a fair value of $108.69, indicating a 71.65% upside. The average brokerage recommendation for SPB is "Outperform."
Spectrum Brands Holdings to Report Fiscal 2026 First Quarter Financial Results and Hold Conference Call and Webcast on February 5, 2026
Spectrum Brands Holdings (NYSE: SPB) announced it will release its fiscal 2026 first-quarter financial results for the period ended December 28, 2025, before markets open on Thursday, February 5, 2026. A live conference call and webcast will be hosted by David Maura and Faisal Qadir on the same day at 9:00 a.m. Eastern Time. The company, known for its consumer products and home essentials, will make the webcast and presentation slides available on its investor relations website.
Spectrum Brands Holdings to Report Fiscal 2026 First Quarter Financial Results and Hold Conference Call and Webcast on February 5, 2026
Spectrum Brands Holdings (NYSE: SPB) announced it will release its fiscal 2026 first-quarter financial results before market open on Thursday, February 5, 2026. The company will also host a live conference call and webcast on the same day at 9:00 a.m. Eastern Time, featuring its Executive Chairman and CEO, David Maura, and Executive Vice President and CFO, Faisal Qadir. The webcast and presentation slides will be available on the Investor Relations section of Spectrum Brands’ website.
Spectrum Brands Holdings Inc. (NYSE:SPB) Given Average Recommendation of "Moderate Buy" by Analysts
Spectrum Brands Holdings Inc. (NYSE:SPB) has received an average "Moderate Buy" recommendation from six brokerages, with an average 12-month price target of $77.00. Analysts have recently upgraded price targets, including Canaccord Genuity Group and Wells Fargo, while Spectrum Brands reported mixed Q earnings with EPS beating estimates but revenue declining. The company also announced a quarterly dividend of $0.47 per share, representing a 3.0% yield.
Manning & Napier Advisors LLC Purchases 45,000 Shares of Spectrum Brands Holdings Inc. $SPB
Manning & Napier Advisors LLC has increased its stake in Spectrum Brands Holdings Inc. (NYSE:SPB) by 19.6% after purchasing an additional 45,000 shares in the third quarter, bringing their total holdings to 275,000 shares valued at $14.446 million. Spectrum Brands outperformed EPS expectations in its recent quarter, reporting $2.61 per share against an anticipated $0.77. The company also announced a quarterly dividend of $0.47 per share, yielding approximately 2.9%, and has received a "Moderate Buy" consensus rating from analysts with an average target price of $77.00.
Spectrum Brands (NYSE:SPB) Stock Crosses Above 200 Day Moving Average - Time to Sell?
Spectrum Brands (NYSE:SPB) has crossed above its 200-day moving average, signaling potential bullish momentum, with shares trading around $63.88 against a $56.30 moving average. Analyst sentiment is moderately positive, holding a "Moderate Buy" consensus and an average price target of $77. Despite a 5.2% revenue decline, the company reported a significant EPS beat and pays a quarterly dividend of $0.47, representing a 2.9% yield and a 47% payout ratio.
Can Spectrum Brands' digital and portfolio transformation aid growth?
This article discusses whether Spectrum Brands' ongoing digital and portfolio transformation initiatives can effectively support its future growth. It suggests that these strategic changes are aimed at improving the company's market position and financial performance.
Spectrum Brands (NYSE:SPB) Stock Crosses Above 200 Day Moving Average - What's Next?
Spectrum Brands (NYSE:SPB) recently saw its stock price cross above its 200-day moving average, trading as high as $61.03. Analysts have a consensus "Moderate Buy" rating with an average target price of $77.00 for the company, which also reported strong EPS for the quarter ($2.61 vs. $0.77 expected) and pays a quarterly dividend of $0.47. Several institutional investors have increased their holdings in SPB.
3 Reasons SPB is Risky and 1 Stock to Buy Instead
This article analyzes Spectrum Brands (SPB) and identifies three reasons why it is considered risky: declining organic sales, limited projected revenue growth, and historically mediocre returns on invested capital. The author suggests investors look for alternative, higher-quality stocks, recommending a dominant aerospace business and highlighting the potential of other curated high-quality stocks.
Rice Hall James & Associates LLC Purchases Shares of 27,351 Spectrum Brands Holdings Inc. $SPB
Rice Hall James & Associates LLC has acquired a new position in Spectrum Brands Holdings Inc. (NYSE:SPB), purchasing 27,351 shares valued at approximately $1.44 million in Q3, representing about 0.11% ownership. Analyst sentiment is positive, with an average price target of $77 and a consensus rating of "Moderate Buy." Spectrum Brands recently reported strong Q3 EPS of $2.61, significantly beating estimates, and pays a quarterly dividend of $0.47, yielding approximately 3.1%.
Assenagon Asset Management S.A. Takes $994,000 Position in Spectrum Brands Holdings Inc. $SPB
Assenagon Asset Management S.A. has initiated a position in Spectrum Brands Holdings Inc. (NYSE:SPB) by acquiring 18,913 shares valued at approximately $994,000. This new holding represents about 0.08% of the company. Spectrum Brands recently reported Q3 earnings of $2.61 per share, significantly exceeding analyst expectations, despite a 5.2% year-over-year revenue decline.
Spectrum Brands Holdings Inc. (NYSE:SPB) Given Average Rating of "Moderate Buy" by Brokerages
Spectrum Brands Holdings Inc. (NYSE:SPB) has received a "Moderate Buy" consensus rating from six brokerages, with an average 12-month price target of $77.00. The company recently reported strong quarterly earnings of $2.61 EPS, significantly beating analyst expectations, despite a slight revenue miss. Analysts have reiterated or raised price targets, reflecting confidence in its sustained income and solid balance sheet, including a 3.1% dividend yield.
Spectrum Brands Shares Exhibit Technical Resilience Amid Mixed Fundamentals
Spectrum Brands Holdings, Inc. displayed technical resilience with a modest gain, driven by supportive indicators and insider transactions, despite mixed segment performance. The company has a market valuation of $1.43 billion, a P/E ratio of 15.05, and returned capital to shareholders through buybacks and dividends. While the Global Pet Care and Home & Garden segments showed improvement, the Home & Personal Care division declined due to supply chain issues and softer demand, highlighting the need for recovery in that segment to sustain upward momentum.
