Spectrum sees quarterly dip

In its first fiscal quarter of 2015 ending Dec. 28, Middleton-based Spectrum Brands Holdings Inc. reported net income of $49.8 million (94 cents/diluted share) on revenues of $1.07 billion, compared to $54.3 million ($1.03/diluted share) on revenues of $1.1 billion for the same quarter in fiscal 2014.

The global consumer products company has been in acquisition mode, purchasing Tell Manufacturing on Oct. 1 and completing acquisitions of the European IAMS and Eukanuba pet food business as well as Salix Animal Health in its second fiscal quarter of 2015.