Spectrum Brands Holdings Inc. (NYSE: SPB) looks well-poised for growth, thanks to its robust strategic efforts. The company is benefiting from increased pricing, cost improvements and a favorable mix. Its Global Productivity Improvement Plan ("GPIP"), which aims at improving the company's operating efficiency and effectiveness, appears encouraging. Driven by such upsides, the stock has gained 20.4% in the past year, outperforming the industry's 0.3% growth. Analysts seem quite optimistic about this Zacks Rank #3 (Hold) company. The Zacks Consensus Estimate for fiscal 2024 sales and earnings per share is pegged at $2.92 billion and $4.68, respectively, indicating year-over-year growth of 0.1% and 205.9%. Delving Deeper Spectrum Brands is on track with the four core pillars to drive growth. In this regard, the company is streamlining its organizational structure and re-energizing its employee base. It is committed to improving operational efficiencies while limiting risk. Management is protecting and deleveraging its balance sheet while solidifying liquidity. It is focused on transforming the company into a pure-play global Pet and Home & Garden business. Image Source: Zacks Investment Research The GPIP is focused on consumer ...