03:27 PM EST, 11/11/2025 (MT Newswires) -- Spectrum Brands ( SPB ) faces an uncertain outlook in the near term amid persistent headwinds such as weak consumer demand and soft sales, RBC Capital Markets said Tuesday.

The brokerage expects the consumer products company to post fiscal fourth-quarter non-GAAP earnings of $0.64 a share on net sales of $740 million. Wall Street is looking for $0.87 and $741 million, respectively, according to RBC.

Spectrum Brands ( SPB ), which is behind brands such as Repel, Remington, and Hot Shot, is scheduled to report results Thursday.

"We are cautious on (Spectrum Brands ( SPB )) in (the fourth quarter) and heading into (fiscal 2026), as visibility remains murky and already-soft consumer demand could further deteriorate in response to incremental pricing," Nik Modi, RBC's co-head of global consumer and retail research, said in a Tuesday note to clients. "The company's top-line remains in contraction, while already strained consumers are facing higher prices at retail."

Spectrum Brands ( SPB ) shares were down 2.4% in Tuesday late-afternoon trade. The stock has lost 38% in value so far this year.

For the just-ended quarter, scanner trends look mixed, though RBC said it would specifically call out "solid growth" in household cleaning and garden controls. Spectrum Brands ( SPB ) previously stopped imports on certain products due to tariffs for about eight weeks. Although supply has resumed, the company indicated unfilled orders in the global pet care and home and personal care segments will continue into the fourth quarter, keeping the brokerage cautious, according to the note.

"(Fiscal 2025) has been turbulent due to the added headwind of tariffs, which put a separation of (home and personal care) on hold, suppressed investor appetite, and largely required the company to pivot its strategy to protect its balance sheet/bottom-line," Modi said.

RBC has an outperform rating and a $75 price target on the Spectrum Brands ( SPB ) stock.

"With near-term visibility low and potential for heightened costs in (fiscal 2026), we maintain near-term caution on (Spectrum Brands ( SPB )), but continue to like its long-term story and attractive balance sheet," Modi wrote.

Price: 52.60, Change: -0.90, Percent Change: -1.68