Spectrum Brands projects earnings gain
Spectrum Brands Holdings, Inc. announced preliminary fiscal 2012 results and expects to swing to a profit of $48.6 million with a 2% increase in sales. That compares to a net loss of $75.2 million last year. Net sales are expected to come in at a record $3.25 billion, up from $3.19 billion last year. Final numbers should be released on Nov. 14.