[PART I — FINANCIAL INFORMATION](index=4&type=section&id=PART%20I%20%E2%80%94%20FINANCIAL%20INFORMATION) [Item 1. Financial Statements (Unaudited)](index=4&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) Presents unaudited condensed consolidated financial statements for Energizer Holdings, Inc., including earnings, balance sheets, cash flows, and detailed notes [Consolidated Statements of Earnings and Comprehensive Income](index=4&type=section&id=Consolidated%20Statements%20of%20Earnings%20and%20Comprehensive%20Income) | Financial Metric | Q1 2021 (ended Dec 31, 2020) | Q1 2020 (ended Dec 31, 2019) | | :--- | :--- | :--- | | **Net sales** | **$848.6M** | **$736.8M** | | Gross profit | $337.9M | $301.3M | | Earnings before income taxes | $87.3M | $58.7M | | **Net earnings from continuing operations** | **$67.1M** | **$45.8M** | | Net earnings attributable to common shareholders | $63.1M | $42.1M | | **Diluted EPS - continuing operations** | **$0.91** | **$0.60** | [Consolidated Balance Sheets](index=5&type=section&id=Consolidated%20Balance%20Sheets) | Balance Sheet Item | Dec 31, 2020 | Sep 30, 2020 | | :--- | :--- | :--- | | Cash and cash equivalents | $305.6M | $459.8M | | Total current assets | $1,340.0M | $2,210.9M | | Goodwill | $1,056.2M | $1,016.0M | | **Total assets** | **$4,929.1M** | **$5,728.3M** | | Total current liabilities | $777.8M | $1,648.4M | | Long-term debt | $3,345.0M | $3,306.9M | | **Total liabilities** | **$4,599.5M** | **$5,419.2M** | | **Total shareholders' equity** | **$329.6M** | **$309.1M** | [Consolidated Statements of Cash Flows](index=6&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) | Cash Flow Activity | Three Months Ended Dec 31, 2020 | Three Months Ended Dec 31, 2019 | | :--- | :--- | :--- | | **Net cash from operating activities** | **$76.3M** | **$123.5M** | | Net cash used by investing activities | ($74.8M) | ($16.2M) | | Net cash used by financing activities | ($955.2M) | ($77.4M) | | Effect of exchange rate changes on cash | $9.5M | $5.1M | | **Net (decrease)/increase in cash** | **($944.2M)** | **$35.0M** | [Notes to Consolidated (Condensed) Financial Statements](index=8&type=section&id=Notes%20to%20Consolidated%20(Condensed)%20Financial%20Statements) Provides detailed information on accounting policies, financial activities, including revenue, acquisitions, restructuring, debt, and segment performance Net Sales by Product Category (Q1) | Category | 2020 | 2019 | | :--- | :--- | :--- | | Batteries | $706.1M | $621.9M | | Auto Care | $101.8M | $78.7M | | Lights, Licensing and Other | $40.7M | $36.2M | | **Total Net Sales** | **$848.6M** | **$736.8M** | - In Q1 FY2021, the company completed two acquisitions: the Formulations Acquisition for a cash purchase price of **$51.2 million** and the FDK Indonesia Acquisition for a contractual price of **$18.2 million** to increase alkaline battery production capacity[34](index=34&type=chunk)[40](index=40&type=chunk) - The company initiated a new restructuring program in Q4 FY2020 focused on its global supply chain, with expected costs of **$4 to $7 million**; total restructuring expenses for the quarter were **$10.6 million**, up from **$6.3 million** in the prior year[59](index=59&type=chunk)[60](index=60&type=chunk) - In December 2020, the company refinanced its debt by entering into a new Credit Agreement for a **$400 million** revolving facility and a **$550 million** Term Loan due 2027, using the proceeds to pay down existing term loans and its revolver[97](index=97&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=31&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q1 FY2021 financial results, highlighting strong sales growth, acquisitions, restructuring, debt refinancing, and changes in liquidity and segment performance [Highlights / Operating Results](index=35&type=section&id=Highlights%20%2F%20Operating%20Results) Net sales increased **15.2%** to **$848.6 million** driven by organic growth and acquisitions, with adjusted diluted EPS up **37.6%** despite gross margin decline Q1 Net Sales Growth Breakdown | Component | Contribution ($M) | % Change | | :--- | :--- | :--- | | Prior Year Net Sales | $736.8 | - | | Organic Growth | $93.3 | 12.7% | | Impact of FY 2021 Acquisitions | $9.6 | 1.3% | | Change in Argentina | $2.8 | 0.4% | | Impact of Currency | $6.1 | 0.8% | | **Current Year Net Sales** | **$848.6** | **15.2%** | - Organic net sales growth of **12.7%** was driven by new distribution (**5.5%**), increased replenishment volumes due to elevated demand (**4.0%**), timing of holiday/Brexit shipments (**2.2%**), and favorable pricing (**1.0%**)[218](index=218&type=chunk) Adjusted Gross Margin Reconciliation | Component | Basis Point Impact | | :--- | :--- | | **Gross Margin - FY'20 Adjusted** | **41.8%** | | Incremental COVID-19 costs | (130) bps | | Mix and product cost impacts | (150) bps | | Lower margin of acquired businesses | (40) bps | | Synergy realization | 180 bps | | Currency impact | 30 bps | | **Gross Margin - FY'21 Adjusted** | **40.7%** | [Segment Results](index=38&type=section&id=Segment%20Results) Americas and International segments showed strong net sales growth, with total segment profit increasing **18.9%** to **$215.7 million** driven by top-line growth and synergies Q1 Segment Performance vs. Prior Year | Segment | Net Sales | % Change | Organic % Change | Segment Profit | % Change | Organic % Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **Americas** | $586.6M | 14.0% | 12.8% | $155.9M | 20.7% | 20.0% | | **International** | $262.0M | 17.9% | 12.3% | $59.8M | 14.6% | 1.3% | | **Total** | **$848.6M** | **15.2%** | **12.7%** | **$215.7M** | **18.9%** | **14.6%** | [Liquidity and Capital Resources](index=41&type=section&id=Liquidity%20and%20Capital%20Resources) Operating cash flow decreased due to working capital changes, while significant debt refinancing and share repurchases impacted financing activities, with **$392.3 million** available under the revolving credit facility - Operating cash flow decreased by **$57.2 million** year-over-year, primarily due to working capital changes, including a prior year VAT refund and current year inventory investment[250](index=250&type=chunk) - The company executed significant debt refinancing, including issuing a new **$550 million** Term Loan and repaying **$1,383.3 million** of existing debt, resulting in a **$5.7 million** loss on extinguishment of debt for the quarter[254](index=254&type=chunk)[226](index=226&type=chunk) - A new share repurchase program for up to **7.5 million** shares was approved in November 2020, with **500,000 shares** repurchased for **$21.3 million** during the quarter[261](index=261&type=chunk)[114](index=114&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=44&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company is exposed to market risks from currency, commodity, and interest rate changes, which are hedged using derivative instruments, and addresses the impact of Argentina's inflationary economy - The company hedges foreign currency risk, primarily for the Euro, British pound, Canadian dollar, and Australian dollar, using forward contracts, resulting in an unrealized pre-tax loss of **$10.2 million** as of December 31, 2020[269](index=269&type=chunk)[270](index=270&type=chunk) - To manage interest rate risk on its variable rate debt, the company entered into a new interest rate swap in December 2020, fixing the LIBOR component on **$550.0 million** of debt at **0.95%**[276](index=276&type=chunk) [Item 4. Controls and Procedures](index=46&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of December 31, 2020, with no material changes to internal control over financial reporting - The Chief Executive Officer and Chief Financial Officer concluded that the company's disclosure controls and procedures were effective as of December 31, 2020[279](index=279&type=chunk) [PART II — OTHER INFORMATION](index=47&type=section&id=PART%20II%20%E2%80%94%20OTHER%20INFORMATION) [Item 1. Legal Proceedings](index=47&type=section&id=Item%201.%20Legal%20Proceedings) The company is subject to various legal proceedings, but management believes any resulting liability will not be material to its financial position or results - The company states that its liability from pending legal proceedings is not reasonably likely to be material to its financial position or results[282](index=282&type=chunk) [Item 1A. Risk Factors](index=47&type=section&id=Item%201A.%20Risk%20Factors) No material changes have occurred to the risk factors previously disclosed in the company's Annual Report on Form 10-K [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=47&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased **500,000 shares** for **$21.3 million** under a new authorization and acquired additional shares for tax withholding obligations during Q1 FY2021 Issuer Purchases of Equity Securities (Q1 FY2021) | Period | Total Shares Purchased | Average Price Paid | Shares Purchased Under Plan | Max Shares Remaining Under Plan | | :--- | :--- | :--- | :--- | :--- | | Oct 2020 | 135 | $40.24 | — | 1,822,655 | | Nov 2020 | 305,719 | $42.47 | 150,698 | 7,349,302 | | Dec 2020 | 349,302 | $42.91 | 349,302 | 7,000,000 | | **Total** | **655,156** | **$42.70** | **500,000** | **7,000,000** | [Item 6. Exhibits](index=47&type=section&id=Item%206.%20Exhibits) References the Exhibit Index, listing all agreements and documents filed as part of the Form 10-Q

+ Fiscal Q1 Earnings February 8, 2021 Forward-Looking Statements and Non-GAAP Financial Measures Energizer Holdings, Inc. (the "Company") and its management may make certain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as "anticipates," "targets," "expects," "hopes ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-K _______________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 10 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File No. 001-36837 ENERGIZER HOLDINGS, INC. (Exact n ...

Financial Data and Key Metrics Changes - The company reported adjusted earnings per share of $0.59 and adjusted EBITDA of $140 million, both below previous outlooks due to sales mix shifts and increased costs related to COVID [47][51] - Organic revenue increased by 6.1% driven by positive results across all categories, particularly in North America [48] - Total company gross margin decreased by 370 basis points to 38.4%, impacted by COVID costs, unfavorable sales mix, and currency effects [50] Business Line Data and Key Metrics Changes - The Auto Care business experienced organic sales growth of 18.6% in the quarter, outperforming the category [49] - The battery category saw strong consumption, particularly in North America, with category value up over 15% globally for the three months ending August [25] - The company achieved $51 million in synergies from acquisitions in 2020, with expectations of over $100 million in synergies for 2021 [14][62] Market Data and Key Metrics Changes - In the U.S., the battery category grew over 7% for the four weeks ending October 18, with the company gaining more than three share points [25] - The Auto Care category showed category value growth of 17% for the three months ended in August, with the appearance sub-segment growing more than 27% [26] - The company noted a shift in consumer behavior due to the pandemic, impacting sales mix and margins [12][30] Company Strategy and Development Direction - The company aims to drive organic sales growth, margin expansion, and synergy realization in 2021 [17][44] - The strategic focus remains on innovation, operational excellence, and productivity improvements [79] - The company plans to continue investing in its brands and driving innovation while addressing transitory costs incurred during the pandemic [80] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the uncertainty due to the pandemic and its impact on the retail landscape, but expressed confidence in the company's resilience and future growth [11][17] - The company expects to eliminate incremental COVID costs by the end of the first quarter of fiscal 2021 and anticipates a gradual improvement in gross margins throughout the year [40][59] - The outlook for 2021 includes net sales growth of 2% to 4%, with adjusted earnings per share projected between $2.95 and $3.25 [55][56] Other Important Information - The company has taken steps to refinance debt, resulting in approximately $17.5 million in annual savings [53] - A new share repurchase authorization of 7.5 million shares was approved by the Board [61] - The CEO announced retirement effective January 1, 2021, with Mark LaVigne appointed as the new CEO [18][20] Q&A Session Summary Question: Why is the company not expecting to reach $700 million in EBITDA for 2022? - Management cited significant uncertainty due to the pandemic's impact on markets and the need to address transitory costs incurred [66][69] Question: What are the impacts of the sales mix changes in the battery business? - Management explained that the mix shift was due to higher-margin markets being shut down, leading to demand migrating to lower-margin markets [72][73] Question: What is the outlook for free cash flow in 2021? - Adjusted free cash flow is expected to be in the range of $325 million to $350 million, reflecting a return to normalized working capital [76][78] Question: What are the preliminary thoughts on strategic direction under new leadership? - The focus will remain on top-line momentum, brand investment, and improving margin profiles while addressing costs incurred in 2020 [79][80] Question: How is the company addressing its enterprise systems and analytics? - Management indicated that improvements are underway, with a full migration expected by the end of 2021, enhancing visibility and decision-making capabilities [89][91]

Financial Data and Key Metrics Changes - Adjusted earnings per share increased by 35% to $0.50, driven by organic sales growth and synergy capture [12][39] - Net sales increased by 1.7% to $658 million, with organic net sales up 3.4% [40] - Adjusted EBITDA rose by 6% to $135 million, reflecting strong execution and higher-than-expected battery demand [39] Business Line Data and Key Metrics Changes - Battery category value grew 28.4% globally and 37% in the U.S. during the peak of the pandemic, although trends have moderated since then [22][80] - Auto care category value grew 4.3% in the U.S. as consumers increased vehicle usage and engaged in DIY activities [29][90] - Organic net sales in the Americas grew by 7%, while the international segment declined by 6% due to pandemic-related impacts [41] Market Data and Key Metrics Changes - The U.S. market showed elevated battery usage as consumers spent more time at home, while international markets faced declines due to stricter lockdowns [23][115] - The average unit prices increased, and promotions declined as retailers focused on operational continuity during the pandemic [25] Company Strategy and Development Direction - The company aims to achieve over $100 million in synergies by the end of 2021 and is focused on expanding its auto care business internationally [13][36] - Long-term strategies remain intact, with a focus on resilient categories and adapting to changing consumer needs [15][54] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the uncertain environment created by the pandemic, emphasizing the importance of health and safety [8][53] - The company expects fiscal 2020 to be its fifth consecutive year of organic growth, with net sales growth projected between 9% to 10% [14][48] Other Important Information - The company generated strong adjusted free cash flow of $136 million in the quarter, totaling approximately $244 million year-to-date [44] - Incremental COVID-19 related costs were approximately $0.19 per share, impacting overall financial performance [39][50] Q&A Session Summary Question: Concerns about fourth-quarter guidance and foreign exchange headwinds - Management acknowledged the impact of foreign exchange and indicated potential pricing adjustments could be made [55][58] Question: Discussion on liquidity and interest expenses - Management stated that the decision to increase liquidity was made due to uncertainty, and they will evaluate the need for it at the end of the calendar year [59][60] Question: Insights on consumer behavior and pantry loading - Management indicated that they do not foresee significant pantry loading, as demand for batteries remains strong due to increased usage [78][80] Question: Impact of COVID-19 costs on long-term EBITDA targets - Management remains on track to achieve long-term financial objectives, with temporary COVID-19 costs expected to diminish over time [75][76] Question: Commentary on market share and competitive dynamics - Management noted that they expect to see share gains as they lap previous losses and leverage new distribution opportunities [70][72]

+ Fiscal Q3 2020 Earnings August 5, 2020 Holdings, Inc Forward-Looking Statements and Non-GAAP Financial Measures Energizer Holdings, Inc. (the "Company") and its management may make certain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as "anticipates," "targets," ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ Securities registered pursuant to Section 12(b) of the Act: FORM 10-Q _______________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-3683 ...

Energizer Holdings, Inc. (NYSE:ENR) Q2 2020 Results Conference Call May 7, 2020 10:00 AM ET Company Participants Jackie Burwitz - Vice President, Investor Relations Alan Hoskins - Chief Executive Officer Mark LaVigne - President and Chief Operating Officer Tim Gorman - Chief Financial Officer Conference Call Participants Wendy Nicholson - Citigroup Dara Mohsenian - Morgan Stanley Bill Chappell - SunTrust Faiza Alwy - Deutsche Bank Olivia Tong - Bank of America Steve Strycula - UBS Kevin Grundy - Jefferies J ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-Q _______________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36837 _________________________________________________________ ...

+ Fiscal Q2 2020 Earnings May 7, 2020 Forward-Looking Statements and non-GAAP Financial Measures Energizer Holdings, Inc. (the "Company") and its management may make certain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as "anticipates," "targets," "expects," "hopes ...