Alongside this, Energizer is leveraging advanced data analytics for improved pricing and revenue management, expanding brand visibility and probing strategic opportunities in attractive international markets. These initiatives are designed not just to bolster the current performance but to position Energizer strategically for future market dynamics. Image Source: Zacks Investment Research Digging Deeper The company's performance highlights robust financial health, reflecting a sound strategy that can adapt ...

These savings have been instrumental in facilitating margin expansion and earnings growth. Energizer anticipates total savings from this program between $160 million and $180 million over three years, with expected savings of $55-$65 million for fiscal 2024. The Auto Care segment has emerged as a significant growth driver for Energizer, with revenues increasing 2.3% year over year to $182.3 million in the second quarter of fiscal 2024. This segment experienced an impressive 600-basis-point expansion in segm ...

This company reported net sales of $663.3 million, which were almost in line with the Zacks Consensus Estimate but fell 3% from the year-ago quarter's reading. Organic sales dipped 2.7%. We expected organic sales to drop 2.4%. Pricing fell 3.3% due to planned strategic pricing and promotional investments, partly offsetting volume growth of 0.6% backed by Auto Care distribution gains. Energizer's adjusted gross margin expanded 260 basis points to 40.5%, driven primarily by the Project Momentum savings of $11 ...

Energizer Holdings Inc. (ENR) is actively pursuing a series of strategic initiatives aimed at fostering sustainable growth and profitability. These initiatives are broad, covering everything from consumer engagement to pricing strategies, all designed to enhance brand loyalty and increase market share without sacrificing margins. A key component of these strategies is the company's Project Momentum initiative, which focuses on cost- saving measures and operational efficiencies to boost margin expansion and ...

Energizer Holdings, Inc. (ENR) reported second-quarter fiscal 2024 results, wherein its bottom line surpassed the Zacks Consensus Estimate. Its adjusted earnings of 72 cents per share beat the Zacks Consensus Estimate of 67 cents. Also, the bottom line increased 13% from the year-ago quarter’s reported figure.This current Zacks Rank #2 (Buy) company reported net sales of $663.3 million, which were almost in line with the Zacks Consensus Estimate but fell 3% from the year-ago quarter’s reading. Organic sales ...

Energizer Holdings, Inc. (NYSE:ENR) Q2 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Jonathan Poldan - VP, Treasurer and IR Mark LaVigne - President and CEO John Drabik - EVP and CFO Conference Call Participants Robert Ottenstein - Evercore ISI Lauren Lieberman - Barclays Bill Chappell - Truist Securities Andrea Teixeira - JPMorgan Dara Mohsenian - Morgan Stanley Brian McNamara - Canaccord Genuity Hale Holden - Barclays Jenna Giannelli - Morgan Stanley William Reuter - BofA Secu ...

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, 2024 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 _________________________________________________________ ...

Strong free cash flow and debt paydown over the past seven quarters ($ in millions) $796 $645 $220 $158 $158 $717 $121 $151 $425 $62 Last 7 Quarters Q3 FY 2022 (Ended June 2022) Q2 FY 2024 (Ended March 2024) $200 $200 Q3'22 Ending Cash (+) Operating Cash Flows (-) Capex (-) Dividends (-) Debt Repayment (-) Other Q2'24 Ending Cash + Fiscal 2024 Q2 Earnings Outlook Forward-Looking Statements Global economic and financial market conditions beyond our control might materially and negatively impact us. Competiti ...

For the quarter ended March 2024, Energizer Holdings (ENR) reported revenue of $663.3 million, down 3% over the same period last year. EPS came in at $0.72, compared to $0.64 in the year-ago quarter.The reported revenue represents a surprise of +0.05% over the Zacks Consensus Estimate of $662.96 million. With the consensus EPS estimate being $0.67, the EPS surprise was +7.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Energizer Holdings (ENR) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.46%. A quarter ago, it was expected that this battery and personal care products company would post earnings of $0.57 per share when it actually produced earnings of $0.59, delivering a surprise of 3.51%.Over t ...