January 14, 2008
Prospector
Profile
114-04
 
Spectrum Brands, Inc. NAICS 335912
6 Concourse Parkway, Suite 3300 Atlanta, GA 30328 Description Batteries Mfg.
(770) 829-6200 Employees 7100
http://www.spectrumbrands.com/corpinfo/index.htm Revenue (mil) 1994.5220
  Income (mil) -596.7130
  Assets (mil) 3211.3860
  Liability (mil) 3315.2140
  (for the year ended 2007-09-30)
 
Category: Loss/Deficit
 
Event: Spectrum Brands, Inc. had a net loss of $596.71 million on net sales of $1.99 billion for the year ended September 30, 2007, substantially higher than the $433.97 million net loss on net sales of $1.89 billion for the year ended September 30, 2006. As of September 30, 2007, the Company had an accumulated deficit of $763.37 million and stockholders' deficit of $103.83 million.
 
Intellectual Property: The Company owns or licenses from third parties a significant number of patents and patent applications throughout the world. The Company holds a license that expires in March 2022 for certain alkaline battery designs, technology and manufacturing equipment from Matsushita Electrical Industrial Co., Ltd. The Company also uses and maintains a number of trademarks in its continuing operations, including Fingo, Jungletalk, Marineland, Rayovac, Remington, Tetra, Varta and 8in1. Its Home and Garden Business uses and maintains the trademarks Cutter, Garden Safe, Nature's Miracle, Repel, Schultz, Spectracide, Terminate, Sta-Green and Vigoro. [SEC Filing 10-K 12-14-07]
 
Description: Spectrum Brands, together with its subsidiaries, manufactures and markets consumer batteries, lawn and garden care products, pet supplies and other household and consumer products worldwide.
 
Officers: John D. Bowlin (Chair); Kent J. Hussey (CEO & Dir.); Anthony L. Genito (EVP, CFO & Chief Accounting Officer); David R. Lumley (Co-COO); John A. Heil (Co-COO); Charles A. Brizius (Dir.); William P. Carmichael (Dir.); John S. Lupo (Dir.); Scott A. Schoen (Dir.); Thomas R. Shepherd (Dir.); Barbara S. Thomas (Dir.)
 
Auditor: KPMG LLP
 
Securities: Common Stock-Symbol SPC; NYSE; 52,927,968 common shares outstanding as of December 7, 2007. 8 1/2% senior subordinated notes due 2013; 7 3/8% senior subordinated notes due 2015.
 
 
 
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