Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Olema Pharmaceuticals, Inc. (OLMA) has seen a substantial increase of 213%, trading at $26.68 - Diginex Limited (DGNX) is up 12%, currently priced at $15.25 - Gorilla Technology Group Inc. (GRRR) has risen by 11%, trading at $14.05 - Amer Sports, Inc. (AS) is up 9%, priced at $33.47 - Click Holdings Limited (CLIK) has increased by 9%, trading at $7.38 - Beamr Imaging Ltd. (BMR) is up 9%, currently at $2.14 - James Hardie Industries plc (JHX) has risen by 8%, trading at $18.22 - Arvinas, Inc. (ARVN) is up 8%, priced at $12.00 - Axalta Coating Systems Ltd. (AXTA) has increased by 7%, trading at $30.28 - Genprex, Inc. (GNPX) is up 6%, currently at $4.31 [3] Premarket Losers - LifeMD, Inc. (LFMD) has decreased by 22%, trading at $3.65 - Alpha Technology Group Limited (ATGL) is down 21%, currently priced at $17.00 - Intellinetics, Inc. (INLX) has fallen by 19%, trading at $7.25 - Energizer Holdings, Inc. (ENR) is down 16%, priced at $20.00 - Invivyd, Inc. (IVVD) has decreased by 14%, currently at $2.42 - BellRing Brands, Inc. (BRBR) is down 12%, trading at $22.30 - Sadot Group Inc. (SDOT) has fallen by 9%, currently priced at $3.99 - CEVA, Inc. (CEVA) is down 8%, trading at $21.60 - Helmerich & Payne, Inc. (HP) has decreased by 7%, currently at $25.44 - Opendoor Technologies Inc. (OPEN) is down 5%, trading at $7.39 [4]

Financial Performance - Net sales for fiscal year 2025 increased by 2.3% to $2,952.7 million, with fourth quarter net sales rising 3.4% to $832.8 million[5][3] - Reported EPS for fiscal year 2025 was $3.32, with adjusted EPS increasing by 6% to $3.52[3][13] - Adjusted EBITDA for fiscal year 2025 reached $623.6 million, compared to $612.4 million in the prior year[13] - Gross margin for fiscal year 2025 was reported at 41.7%, up from 38.3% in the prior year, while adjusted gross margin was consistent at 40.9%[7][9] - Net sales for the quarter ended September 30, 2025, were $832.8 million, an increase of 3.9% compared to $805.7 million for the same period in 2024[28] - Gross profit for the twelve months ended September 30, 2025, was $1,232.7 million, up from $1,104.3 million in 2024, reflecting a significant improvement in profitability[28] - Net earnings for the quarter ended September 30, 2025, were $34.9 million, a decrease of 26.5% from $47.6 million in the same quarter of 2024[28] - Basic net earnings per share for the twelve months ended September 30, 2025, were $3.37, compared to $0.53 in 2024, indicating a strong year-over-year performance[28] - Net earnings for the year ended September 30, 2025, were $239.0 million, a significant increase from $38.1 million in 2024[35] - Total net sales for the twelve months ended September 30, 2025, reached $2,952.7 million, up from $2,887.0 million in 2024, representing a growth of approximately 2.3%[48] Expenses and Costs - SG&A expenses for fiscal year 2025 were $495.5 million, or 16.8% of net sales, compared to 16.4% in the prior year[11] - Advertising and promotion expenses for the twelve months ended September 30, 2025, were $151.7 million, up from $143.7 million in 2024, reflecting increased marketing efforts[28] - The company incurred restructuring and related costs of $20.3 million in Q1'25, contributing to a total of $68.7 million for the fiscal year[67] - Restructuring and related costs are estimated at $49 million for the full fiscal year, impacting EPS by $0.70[69] - Acquisition and integration costs for Fiscal 2026 are projected to total $8 million, affecting EPS by $0.12[69] Cash Flow and Debt - Operating cash flow for fiscal year 2025 was $147.1 million, with free cash flow at $63.2 million, representing 2.1% of net sales[19] - Cash flow from operating activities for the year was $147.1 million, a decrease from $429.6 million in 2024[35] - Free cash flow for the year was defined as net cash provided by operating activities reduced by capital expenditures, net of proceeds from asset sales[45] - Net debt as of September 30, 2025, was $3,195.5 million, an increase from $2,990.8 million on September 30, 2024[67] - Long-term debt rose to $3,407.9 million as of September 30, 2025, compared to $3,193.0 million in 2024, indicating increased leverage[33] Future Outlook - The company expects organic net sales for fiscal 2026 to be flat to slightly up, with adjusted EPS projected between $3.30 and $3.60[18] - For the first quarter of fiscal 2026, the company anticipates organic net sales to decline in the high-single digits and adjusted EPS in the range of $0.20 to $0.30[20] - The fiscal 2026 outlook anticipates continued growth in net sales and profitability, with strategic investments in new product development and market expansion[68] - Fiscal 2026 adjusted net earnings are projected to be between $231 million and $254 million, with adjusted EPS ranging from $3.30 to $3.60[69] - Adjusted EBITDA for Fiscal 2026 is expected to be between $580 million and $610 million[69] Shareholder Actions - The company repurchased 4.0 million shares of common stock during fiscal 2025 at an average price of $22.42 per share[19] - Total shareholders' equity increased to $169.9 million as of September 30, 2025, from $135.8 million in 2024, indicating a strengthening balance sheet[33] Segment Performance - Segment profit for Batteries & Lights decreased to $542.2 million in 2025 from $554.8 million in 2024, while Auto Care segment profit increased to $105.6 million from $94.1 million[48] - Organic net sales growth for Auto Care was negative 1.2% for FY '25, with total net sales of $620.0 million[63] - Segment profit for Batteries & Lights in Q4'25 was $151.8 million, a decrease of 15.4% year-over-year[63] - The company reported a total segment profit of $647.8 million for FY '25, a slight decrease of 0.2% from the prior year[63] Miscellaneous - The company completed the Advanced Power Solutions acquisition on May 2, 2025, which will transition to legacy brands by December 31, 2025[41] - The company recorded a non-cash impairment of intangible assets of $5.9 million for the quarter ended September 30, 2025, related to proprietary formulas[29] - The effect of exchange rate changes resulted in a net decrease of $0.5 million on cash, cash equivalents, and restricted cash[35] - The company experienced a loss on extinguishment/modification of debt of $6.8 million for the quarter ended September 30, 2025, due to the redemption of $300.0 million Senior Notes[30] - The loss on extinguishment of debt is projected to be $2 million for the full fiscal year, impacting EPS by $0.03[69]

Core Insights - The company reported a 2.3% increase in net sales for the full fiscal year, driven by acquisition net sales of $63.6 million and organic net sales growth of 0.7% [1] - Reported EPS was $3.32, while adjusted EPS increased by 6% to $3.52 [1] - Net earnings reached $239.0 million, with adjusted EBITDA at $623.6 million [1] - The Project Momentum initiative achieved over $200 million in savings during its three-year program and will be extended into a fourth year [1] - The focus of the extended Project Momentum will be on ongoing tariff mitigation, increasing operational efficiency, and integrating the APS business [1] Fourth Quarter Results - For the fourth quarter, net sales increased by 3.4% to $832.8 million, driven by acquisition net sales of $42.8 million, although organic net sales declined by 2.2% [1] - Reported EPS for the fourth quarter was $0.50, with adjusted EPS at $1.05 [1]

Labor Relations and Corporate Performance - Kroger successfully averted a potential strike as Teamsters ratified a new three-year contract for over 140 Smith's warehouse workers, which includes a significant 20% wage hike [2] Company Performance and Outlook - Siemens Energy AG announced that its FY25 results and FY26 outlook align with expectations, while setting ambitious new mid-term targets for FY28, aiming for a profit margin of 14%–16% before special items and low-teens revenue growth [3] Central Bank Actions and Economic Outlook - The Bank of Canada confirmed it will restart Government of Canada Treasury Bill purchases effective December 16, 2025, aimed at normal balance sheet management and restoring a more balanced mix of assets [4] - Federal Reserve's Neel Kashkari expressed no strong view on a December rate cut, noting a resilient overall economy despite identifying some labor weak spots, with firms reportedly very optimistic about 2026 [5] Economic Data and Media Developments - The U.S. Bureau of Labor Statistics indicated that it will require time to assess and finalize new release dates for economic data, with a new publication schedule to be announced later, following disruptions from a government shutdown [6]

Core Insights - Wall Street analysts predict Energizer Holdings (ENR) will report quarterly earnings of $1.12 per share, an 8.2% decline year-over-year, with revenues expected to reach $831.03 million, reflecting a 3.1% increase compared to the same period last year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 1.7% in the past 30 days, indicating a reassessment of initial estimates by covering analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3] Revenue and Segment Performance - Analysts estimate 'Net Sales by products- Batteries & Lights' at $676.43 million, a 3.8% increase from the prior-year quarter [5] - 'Net Sales by products- Auto Care' is forecasted to reach $154.58 million, indicating a 0.3% increase from the year-ago quarter [5] - 'Segment Profit- Auto Care' is expected to be $21.89 million, up from $20.00 million year-over-year [6] - 'Segment Profit- Batteries & Lights' is projected at $189.59 million, compared to $179.50 million from the previous year [6] Stock Performance - Over the past month, shares of Energizer have returned +1.5%, while the Zacks S&P 500 composite has seen a +4.6% change [6] - Currently, ENR holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the overall market in the near future [6]

Group 1: Siemens Energy High Voltage Switchgear Co., Ltd. - Siemens Energy High Voltage is a core joint venture of Siemens Energy in China, located in Shanghai's Minhang Economic and Technological Development Zone [3] - The company utilizes lean management and digital manufacturing technologies, achieving an annual production capacity of over 1,000 high-voltage switchgear devices [3] - Siemens Energy High Voltage is involved in several major domestic power infrastructure projects while integrating into Siemens Energy's global technology system [3] Group 2: ABB High Voltage Motor Co., Ltd. - ABB High Voltage Motor is a wholly-owned subsidiary of ABB (China) Investment Co., Ltd., primarily producing high-quality high-voltage motors and generators [4] - The Minhang factory manufactures various types of high-voltage induction motors, wind power generators, explosion-proof motors, and customized synchronous motor solutions, serving industries such as chemicals, oil and gas, power generation, and mining [4] - The company aims to align its technological advantages and market strategies with Minhang District's industrial orientation and development blueprint [4] Group 3: Government Support and Development Goals - The Minhang District is focused on building a more complete industrial ecosystem and providing strong support for enterprise development [3][4] - The district aims to create a trillion-level industrial cluster, leveraging the opportunity of the "Shanghai Advanced Energy Equipment Industry Cluster" [4] - Minhang will optimize the business environment and ensure that talent policies are effectively implemented to support innovation and stability for enterprises [4]

Core Points - Energizer Holdings, Inc. will report its Fourth Quarter and Fiscal Year 2025 results on November 18, 2025, before the market opens [1] - The results will be discussed during an investor conference call hosted by the CEO and CFO at 10 a.m. ET on the same day [1] Company Overview - Energizer Holdings is one of the world's largest manufacturers and distributors of primary batteries, portable lights, and auto care products [2] - The company’s portfolio includes globally recognized brands such as Energizer, Armor All, Eveready, Rayovac, and STP [2] - Energizer's mission is to lead in its categories by better serving consumers and customers [2]

Consumer Sentiment - U.S. consumer sentiment declined in October, with the University of Michigan's preliminary reading at 55, down from 55.1 in September, but above analysts' expectations of 54.1 [4] - Short-term inflation expectations eased slightly to 4.6% over the next 12 months, down from 4.7% the previous month, while long-term expectations remained unchanged at 3.7% [5] Market Environment - Overall consumer confidence remains low due to economic uncertainty, leading to increased volatility in Wall Street, exacerbated by fears of a trade dispute with China [2][7] - The ongoing government shutdown has contributed to market volatility, with all three major stock indexes ending lower last week [7] Defensive Stocks - In the current market environment, investors are advised to focus on low-beta, defensive stocks, particularly in the consumer staples sector, to mitigate market fluctuations [3] - Companies such as Energizer Holdings, Grocery Outlet, United Natural Foods, and Ollie's Bargain Outlet are highlighted for their steady earnings growth and improved estimates [9] Company Insights - **Energizer Holdings, Inc.**: Expected earnings growth rate of 8.7% for the current year, with a 1.4% improvement in earnings estimates over the last 60 days [8] - **Grocery Outlet Holding Corp.**: Expected earnings growth rate of 1.3% for the current year, with a 1.3% improvement in earnings estimates over the last 60 days [10] - **United Natural Foods, Inc.**: Expected earnings growth rate exceeds 100% for the current year, with a 24% improvement in earnings estimates over the past 60 days [12] - **Ollie's Bargain Outlet Holdings, Inc.**: Expected earnings growth rate of 16.5% for the current year, with a 2.1% improvement in earnings estimates over the last 60 days [14]

Core Insights - Three stocks with strong income characteristics and a buy rank are highlighted for investors on October 17th Group 1: Company Performance - Energizer (ENR) has seen a 1.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - MillerKnoll (MLKN) has experienced a 3.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Scor (SCRYY) has reported a 6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 2: Dividend Yield - Energizer (ENR) offers a dividend yield of 4.9%, significantly higher than the industry average of 0.0% [1] - MillerKnoll (MLKN) provides a dividend yield of 4.5%, also above the industry average of 0.0% [2] - Scor (SCRYY) has a dividend yield of 3.9%, compared to the industry average of 1.7% [3]

Core Insights - Three stocks are highlighted with strong income characteristics and a buy rank as of October 15th, including Guess (GES), Kodiak Gas Services, Inc. (KGS), and Energizer (ENR) [1][2][3] Group 1: Company Profiles - Guess (GES) designs, markets, distributes, and licenses casual apparel and accessories, with a Zacks Consensus Estimate for current year earnings increasing by 8.1% over the last 60 days [1] - Kodiak Gas Services, Inc. (KGS) operates contract compression infrastructure primarily in the United States, with a Zacks Consensus Estimate for current year earnings increasing by 0.9% over the last 60 days [2] - Energizer (ENR) is a leading manufacturer and distributor of batteries and lighting products, with a Zacks Consensus Estimate for current year earnings increasing by 1.4% over the last 60 days [3] Group 2: Dividend Yields - Guess (GES) has a dividend yield of 5.3%, significantly higher than the industry average of 0.0% [2] - Kodiak Gas Services, Inc. (KGS) has a dividend yield of 5.2%, also compared to the industry average of 0.0% [2] - Energizer (ENR) has a dividend yield of 5%, compared to the industry average of 0.0% [3]