Energizer Hldgs Inc Stock Price, News & Analysis

Armor All has announced its new Podium Series, a premium automotive care product line developed in collaboration with Oracle Red Bull Racing. The series features innovative formulations including hybrid ceramic technology and patent-pending innovations. Products include wash & shine, tire shine, detailers, protectants, and air fresheners with racing-themed designs.

The partnership, which began in 2021, leverages Formula 1's global audience of over 1 billion viewers and Oracle Red Bull Racing's championship success. The Podium Series will debut at the SEMA Show in November 2024 and will be available at major retailers worldwide in early 2025.

Energizer Holdings (NYSE: ENR) announced it will release its Fourth Quarter and Fiscal Year 2024 financial results before market opening on November 19. The company will host an investor conference call and webcast at 10 a.m. ET, led by CEO Mark LaVigne and CFO John Drabik. The webcast will be accessible through the company's website under the Investors section, with a replay available afterward. Energizer is a global manufacturer of primary batteries, portable lights, and auto care products, with brands including Energizer, Armor All, Eveready, Rayovac, and STP.

Energizer Holdings (NYSE: ENR) reported Q3 fiscal 2024 results with net sales increasing 0.3% to $701.4 million, driven by 1.2% organic growth. Gross margin improved 160 basis points to 39.5%, or 270 basis points to 41.5% on an adjusted basis. The company recorded a loss per share of $0.61 due to a non-cash impairment charge, but adjusted EPS rose 46% to $0.79. Energizer paid down $150 million of debt year-to-date and expects fiscal year adjusted EPS and EBITDA to be at the high end of original guidance. The company projects FY2024 organic revenue to decline about 2%, with adjusted EBITDA between $610-$620 million and adjusted EPS of $3.20-$3.30.

Energizer Holdings, Inc. (NYSE: ENR) has announced a quarterly dividend on its common stock. The Board of Directors has declared a dividend of $0.30 per share, which will be payable on September 10, 2024. Shareholders of record as of the close of business on August 22, 2024 will be eligible to receive this dividend. This announcement demonstrates Energizer's commitment to providing regular returns to its shareholders, maintaining its dividend policy despite current market conditions.

Energizer Holdings (NYSE: ENR) will release its Third Quarter Fiscal Year 2024 results on August 6, 2024, before the market opens. The report will be discussed during a webcast conference call at 10 a.m. ET, hosted by CEO Mark LaVigne and CFO John Drabik.

The webcast can be accessed live via Energizer's website, with a replay available later for those unable to attend. Energizer, headquartered in St. Louis, is a leading global manufacturer and distributor of batteries, portable lights, and auto care products, with brands like Energizer, Armor All, and Rayovac among others.

For more information, visit the company's website or access the original press release.

Energizer Holdings, Inc. reported a 3.0% decrease in net sales and a 2.7% decline in organic net sales for the fiscal 2024 second quarter. The Auto Care segment saw a 2.3% increase in net sales. Gross margin improved by 120 basis points, with adjusted gross margin up by 260 basis points. Earnings per share was $0.45 and adjusted earnings per share was $0.72, marking a 13% increase over the prior year. The company reaffirmed its fiscal year outlook for net sales, adjusted earnings per share, and adjusted EBITDA.

Energizer Holdings, Inc. (ENR) declared a quarterly dividend of $0.30 per share for its common stock. The dividend will be paid on June 12, 2024, to shareholders of record as of May 22, 2024.