UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT TO
SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date of Report (date of earliest
event reported): August
17, 2010 (August 17, 2010)
SPECTRUM BRANDS, INC.
(Exact
name of registrant as specified in its charter)
Delaware |
001-13615 |
22-2423556 |
||
(State or other jurisdiction of incorporation) |
(Commission File No.) |
(IRS Employer Identification No.) |
601 Rayovac Drive Madison, Wisconsin 53711 |
(Address of principal executive offices) |
(608) 275-3340
(Registrant’s telephone number, including area
code)
N/A
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition.
The following information, including the Exhibit referenced in this Item 2.02 to the extent the Exhibit discusses financial results of Spectrum Brands, Inc. (“Spectrum Brands”) for the fiscal third quarter ended July 4, 2010, is being furnished pursuant to this Item 2.02 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
On August 17, 2010, Spectrum Brands Holdings, Inc., Spectrum Brands’ parent company (“Spectrum Brands Holdings”), issued a press release (the “Press Release”) discussing, among other things, its financial results for its fiscal third quarter ended July 4, 2010. A copy of the Press Release is furnished as Exhibit 99.1 to this report.
Forward Looking Information
Certain matters discussed in the Press Release and other oral and
written statements by representatives of the Company regarding matters
such as expected sales, Adjusted EBITDA and other measures of financial
performance, may be forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements are
subject to a number of risks and uncertainties that could cause results
to differ materially from those anticipated as of the date of the Press
Release. Actual results may differ materially as a result of (1)
Spectrum Brands Holdings’ ability to manage and otherwise comply with
its covenants with respect to its significant outstanding indebtedness,
(2) Spectrum Brands Holdings’ ability to identify, develop and retain
key employees, (3) risks that changes and developments in external
competitive market factors, such as introduction of new product features
or technological developments, development of new competitors or
competitive brands or competitive promotional activity or spending, (4)
changes in consumer demand for the various types of products Spectrum
Brands Holdings offers, (5) unfavorable developments in the global
credit markets, (6) the impact of overall economic conditions on
consumer spending, (7) fluctuations in commodities prices, the costs or
availability of raw materials or terms and conditions available from
suppliers, (8) changes in the general economic conditions in countries
and regions where Spectrum Brands Holdings does business, such as stock
market prices, interest rates, currency exchange rates, inflation and
consumer spending, (9) Spectrum Brands Holdings’ ability to successfully
implement manufacturing, distribution and other cost efficiencies and to
continue to benefit from its cost-cutting initiatives, (10) the
inability to integrate, and to realize synergies from, the combined
businesses of Spectrum Brands and Russell Hobbs, and (11) unfavorable
weather conditions and various other risks and uncertainties, including
those discussed herein and those set forth in Spectrum Brands Holdings’
and Spectrum Brands’ securities filings, including the most recently
filed Annual Report on Form 10-K for Spectrum Brands or Quarterly
Reports on Form 10-Q. Spectrum Brands Holdings also cautions the reader
that its estimates of trends, market share, retail consumption of its
products and reasons for changes in such consumption are based solely on
limited data available to Spectrum Brands Holdings and management’s
reasonable assumptions about market conditions, and consequently may be
inaccurate, or may not reflect significant segments of the retail market.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d)
Exhibits
Exhibit No. |
Description |
|
99.1 |
Press Release dated August 17, 2010 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.
|
SPECTRUM BRANDS, INC. |
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By: |
/s/ John T. Wilson |
||
Name: |
John T. Wilson |
||
Title: |
Senior Vice President, Secretary |
||
and General Counsel |
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Dated: |
August 17, 2010 |
EXHIBIT INDEX
Exhibit |
Description |
99.1 |
Press Release, dated August 17, 2010 |