Energizer Hldgs Inc Stock Price, News & Analysis

Energizer Holdings (NYSE: ENR) has completed its acquisition of Advanced Power Solutions NV (APS), a leading manufacturer of Panasonic-branded AA and AAA batteries in Europe. The acquisition includes a manufacturing facility in Gniezno, Poland, and strengthens Energizer's presence in key European markets including Germany, UK, Poland, and Spain.

According to Robin Vauth, Executive VP International at Energizer, this strategic move enhances their European manufacturing capabilities and customer service potential. However, the company expects the acquisition to be slightly dilutive to fiscal 2025 gross margin while remaining neutral to fiscal 2025 earnings per share.

Energizer Holdings has announced its latest quarterly dividend payment. The company's Board of Directors has declared a dividend of $0.30 per share on its common stock.

Shareholders who are recorded as stockholders by the close of business on May 21, 2025, will be eligible to receive the dividend payment. The distribution is scheduled for June 11, 2025.

This dividend announcement from the NYSE-listed company (ENR) represents a continued commitment to providing returns to its shareholders through regular dividend payments.

Energizer Holdings (NYSE: ENR) has announced it will release its Second Quarter Fiscal Year 2025 financial results before market opening on May 6, 2025. The company will host an investor conference call and webcast at 10 a.m. ET on the same day, featuring CEO Mark LaVigne and CFO John Drabik.

The webcast will be accessible through the company's website at energizerholdings.com under the Investors and Events & Presentations sections. For those unable to attend the live event, a replay will be available on the company's website under the Past Events tab.

Energizer Holdings, based in St. Louis, is a leading global manufacturer of primary batteries, portable lights, and auto care products. Their brand portfolio includes Energizer, Armor All, Eveready, Rayovac, STP, Varta, and several other recognized consumer brands.

Energizer Holdings (NYSE: ENR) has successfully refinanced and extended its credit facilities, including a $760 million Term Loan and $500 million Revolving Credit Facility. The leverage-neutral transactions maintain similar interest rates while extending maturities, with the Term Loan now maturing in 2032 and the Revolving Credit Facility in 2030.

The refinancing extends existing maturities by over four years and increases the company's weighted average maturity by more than one year. The new Term Loan will bear interest at SOFR plus 200 basis points annually, while the Revolving Credit Facility's interest rate will be SOFR plus an applicable margin based on leverage.

Energizer Holdings (ENR) reported strong fiscal 2025 first quarter results with Net sales growing 2.1% to $731.7 million and organic Net sales increasing 3.8%. The company achieved growth across both Battery and Auto Care segments.

Key financial highlights include:

• Gross margin of 36.8% (40.0% adjusted)
• Earnings per share of $0.30 ($0.67 adjusted, up 14%)
• Net leverage reduced to 4.7 times
• Free cash flow of $42.4 million (5.8% of Net sales)

The company increased its fiscal 2025 organic Net sales outlook to 2-3% growth and reaffirmed its adjusted earnings per share guidance of $3.45-$3.65 and Adjusted EBITDA guidance of $625-645 million.

Energizer Holdings (NYSE: ENR) has announced the launch of 100% recyclable plastic-free packaging for its battery portfolio. The new paper-based packaging features a user-friendly design that enhances shopping, opening, and storage experience. The initiative will begin rolling out at Walmart stores nationwide in March 2025, with other North American retailers following later in the year.

The redesigned packaging includes features like easy-to-store boxes and a slim design that increases shelf capacity. For retailers, the new format offers shelf-ready display trays to save restocking time. Once all retail partners complete the transition, over 90% of the brand's North American portfolio will have plastic-free packaging.

Energizer Holdings (NYSE: ENR) has announced a quarterly dividend declaration. The Board of Directors has approved a dividend of $0.30 per share on its common stock. Shareholders who are recorded as of the close of business on February 20, 2025, will receive the dividend payment on March 13, 2025.

Energizer Holdings (NYSE: ENR) has announced it will release its First Quarter Fiscal Year 2025 financial results before market opening on February 4, 2025. The company will host an investor conference call and webcast at 10 a.m. ET on the same day, featuring CEO Mark LaVigne and CFO John Drabik.

The webcast will be accessible through the company's website at energizerholdings.com under the Investors and Events & Presentations sections. For those unable to attend the live event, a replay will be available on the company's website under the Past Events tab.

Energizer Holdings (ENR) reported fiscal 2024 results with net sales of $2.89 billion, down 2.5% from prior year. The company delivered adjusted earnings per share of $3.32, up 7% year-over-year, exceeding initial guidance. Gross margin improved to 38.3%, with adjusted gross margin at 40.9%, up 190 basis points from prior year. Operating cash flow reached $429.6 million, with free cash flow at 11.7% of net sales. The company reduced net leverage to 4.9x through $200 million debt reduction. For fiscal 2025, ENR projects organic revenue growth of 1-2% and adjusted EBITDA between $625-645 million.