Energizer Hldgs Inc Stock Price, News & Analysis

Energizer Holdings reported first fiscal quarter results for the period ending December 31, 2022, with net sales of $765.1 million, down from $846.3 million in the prior year, reflecting a 9.6% decline.

Despite this, operating cash flow was strong at $161.0 million, enabling debt paydown exceeding $100 million within four months. Gross margin improved to 39.0% thanks to pricing initiatives and Project Momentum savings.

For fiscal 2023, the company maintains a full-year outlook of low single-digit organic revenue growth and Adjusted EBITDA between $585 million and $615 million.

Energizer Holdings, Inc. (NYSE: ENR) announced a quarterly dividend of $0.30 per share, payable on March 16, 2023, to shareholders on record as of February 21, 2023. This decision highlights the company's commitment to returning value to its shareholders amidst its operations in manufacturing batteries and consumer products. Energizer operates a portfolio of well-recognized brands, including Energizer®, Armor All®, and Eveready®. The company aims to deliver superior customer value.

Energizer Holdings (NYSE: ENR) will release its First Quarter Fiscal 2023 results on February 6, before the market opens. The company will host a conference call at 10 a.m. ET to discuss these results, led by CEO Mark LaVigne and CFO John Drabik. Investors and interested parties can access the live webcast through the company's website under the Investors section. A replay will also be available on the site afterward.

Energizer Holdings (ENR) reported fiscal 2022 financial results, achieving net sales of $790.4 million for Q4 and $3,050.1 million for the fiscal year, reflecting a year-over-year increase of 3.2% and 0.9%, respectively. Adjusted EPS for Q4 stood at $0.82, with an adjusted EBITDA of $146 million. The company anticipates low single-digit organic revenue growth for fiscal 2023, with adjusted EBITDA projected between $585 million to $615 million. To address margin pressures, Energizer launched Project Momentum, aimed at achieving annualized savings of $80 to $100 million over the next two years.

Energizer Holdings, Inc. (NYSE: ENR) declared a quarterly dividend of $0.30 per share, set for payment on December 16, 2022. Shareholders of record as of November 28, 2022 will be eligible to receive this dividend. Based in St. Louis, Missouri, Energizer is a leading manufacturer of batteries and related products. The dividend reflects the company's commitment to returning value to its shareholders.

Energizer Holdings Inc. (NYSE: ENR) will report its Fourth Quarter and Fiscal 2022 results on November 15, before market opening. The results will be discussed in an investor conference call at 10 a.m. ET, led by CEO Mark LaVigne and CFO John Drabik. Interested parties can access the live webcast via Energizer's website. For those unable to attend, a replay will also be available afterward. Energizer is a leading global manufacturer of batteries and portable lighting products.

Energizer Holdings reported third quarter net sales of $728 million, reflecting a 3.8% increase from the previous year, driven by pricing strategies. Adjusted earnings per share were $0.77, marking a 4% increase year-over-year. Adjusted EBITDA reached $145.5 million. Gross margin improved to 40.4% despite rising operational costs. However, the company anticipates a $20 million impact in the second half due to foreign exchange and exiting the Russian market. The full-year adjusted earnings guidance has been revised to reflect a potential range of $3.00 to $3.30 per share.

Energizer Holdings, Inc. (NYSE: ENR) has declared a quarterly dividend of $0.30 per share, enhancing shareholder value. The dividend will be payable on September 13, 2022 to those on record as of August 23, 2022. This announcement reflects the company's commitment to providing returns to its investors.

Energizer Holdings (NYSE: ENR) is set to release its Third Quarter Fiscal 2022 results on August 8, before market opening. The results will be discussed in a live webcast conference call, starting at 10 a.m. ET, hosted by CEO Mark LaVigne and CFO John Drabik. Investors can access the call through the company’s website under the Investors section. Energizer is a leading global manufacturer of batteries and other consumer products, committed to serving consumers and customers effectively.