Financial Performance - Net sales for the first fiscal quarter increased by 2.1% to $731.7 million compared to $716.6 million in the prior year[3] - Organic net sales grew by 3.8%, driven by growth in both Batteries and Auto Care segments[5] - Adjusted EBITDA for the quarter was $140.7 million, up from $132.9 million in the prior year[9] - Adjusted earnings per share increased by 14% to $0.67, compared to $0.59 in the previous year[5] - Gross margin for the first quarter was reported at 36.8%, with an adjusted gross margin of 40.0%, reflecting a 50 basis points improvement year-over-year[5] - Total net sales for the quarter reached $731.7 million, up from $716.6 million year-over-year, representing a growth of approximately 2.2%[34] - Net earnings for the quarter ended December 31, 2024, were $22.3 million, a significant increase from $1.9 million in the same quarter of 2023[40] - Adjusted net earnings rose to $49.4 million, compared to $42.5 million in the prior year, reflecting a strong performance[40] - The diluted net earnings per common share increased to $0.30, up from $0.03 year-over-year[40] - Adjusted EBITDA for the quarter was $140.7 million, representing a 5.9% increase from $132.9 million in the previous year[44] Cash Flow and Debt Management - Free cash flow for the quarter was $42.4 million, representing 5.8% of net sales[13] - Long-term debt pay down in the first quarter was approximately $25 million[13] - Total debt decreased to $3,132.0 million as of December 31, 2024, down from $3,207.7 million on September 30, 2024[54] - Net debt as of December 31, 2024, was $2,936.1 million, a reduction from $2,990.8 million on September 30, 2024[54] - The company reduced net leverage to 4.7 times, driven by debt pay down and adjusted EBITDA growth[5] Operating Activities - Net cash from operating activities was $77.0 million, a decrease from $178.1 million in the prior year[21] - Cash and cash equivalents decreased to $195.9 million from $216.9 million, reflecting a decline of approximately 9.5%[21] - Total liabilities decreased to $4,089.6 million from $4,206.6 million, indicating a reduction of approximately 2.8%[19] Segment Performance - Segment profit for Batteries & Lights decreased to $119.3 million from $132.4 million, while Auto Care segment profit increased to $20.5 million from $6.9 million[34] - Segment profit for Batteries & Lights decreased by 9.9% to $119.3 million, while Auto Care segment profit surged by 197.1% to $20.5 million[48] Future Outlook - The fiscal year 2025 outlook for organic net sales has been increased to a range of 2% to 3%[11] - Fiscal 2025 adjusted net earnings are projected to be between $45 million and $51 million, with adjusted EPS ranging from $0.60 to $0.70[57] - Adjusted EBITDA for Fiscal 2025 is expected to be between $625 million and $645 million[57] - The company plans to continue focusing on market expansion and product innovation to drive future growth[34] Restructuring and Costs - The company’s adjusted EBITDA for the quarter was impacted by restructuring and related costs, totaling $20.3 million[34] - Restructuring and related costs for Fiscal 2025 are estimated at $38 million, impacting adjusted net earnings by approximately $0.52 per share[57] - Network transition costs are projected at $15 million for Fiscal 2025, affecting adjusted EPS by about $0.20[57] Exchange Losses - The company recorded $21.0 million in exchange losses due to the December 2023 Argentina Economic Reform, which included a 50% devaluation of the Argentine Peso[37] - The company recorded $21.0 million in exchange losses due to the Argentine Peso devaluation as part of the December 2023 economic reform[41]

Grew Net sales for the quarter by 2.1% and organic Net sales by 3.8% with organic growth in both Battery and Auto Care.1 Gross margin for the first quarter was 36.8% and 40.0% as adjusted, a 50 bps improvement over prior year Adjusted Gross margin.1 Delivered Earnings per share of $0.30 and Adjusted Earnings per share of $0.67, an increase of 14% on an adjusted basis.1 Reduced net leverage to 4.7 times driven by debt pay down and Adjusted EBITDA growth.1 Increases organic Net sales fiscal year outlook to 2 ...

Energizer Holdings Inc. (ENR) stands out as a compelling value play, trading at a forward 12-month price-to-sales ratio of 0.85, below the industry average of 2.44 and the sector average of 7.69. This undervaluation highlights its potential for investors seeking attractive entry points. Furthermore, Energizer’s Value Score of A underscores its appeal as a potential investment.ENR Looks Attractive From a Valuation Standpoint Image Source: Zacks Investment Research Shares of the company are currently trading ...

New packaging hits Walmart stores in March, nationwide expansion to followST. LOUIS, Jan. 28, 2025 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR), one of the world's largest manufacturers and distributors of primary batteries, today announced the launch of 100% recyclable plastic-free packaging* for its portfolio of Energizer® batteries. The new paper-based packaging* offers a sleek, user-friendly design that simplifies the shopping, opening and storage experience for consumers. It also elevates in-st ...

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Even though it has a market capitalization of only $2.54 billion, Energizer Holdings (NYSE: ENR ) has got to be one of the most iconic companies on the planet. Almost everybody knows that it is a major playerCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firm ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Energizer Holdings (ENR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Energizer Holdings is one of 181 companies in the Consumer Staples group. The Consumer Staples group currently sits at #13 with ...

Energizer Holdings Inc.'s (ENR) shares are currently trading 12.4% below its 52-week high of $39.51 attained on Dec. 2, 2024, making investors contemplate their next moves. In the past six months, the stock has gained 17.2% compared with the Zacks industry’s 1.3% growth.The company’s enhanced operational efficiency and growth initiatives have also helped it to outperform the broader sector and the S&P 500 index’s decline of 0.8% and growth of 6.8%, respectively, during the same period.ENR Stock Past Six-Mon ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks ...

Energizer Holdings Inc. (ENR) stands out as a compelling value play within the industry, trading at a forward 12-month price-to-earnings ratio of 10.13, below the industry average of 22.07 and the sector average of 17.51. This undervaluation highlights its potential for investors seeking attractive entry points. ENR's Value Score of A further emphasizes its investment appeal.Image Source: Zacks Investment ResearchShares of the company are currently trading 7% below its 52-week high of $39.51, reached on Dec ...