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Energizer Holdings, Inc. reports developments across its branded consumer products business, including primary batteries, coin lithium batteries, portable lights, and auto care products for appearance, performance, refrigerant, and fragrance applications. Its updates commonly cover the Batteries & Lights and Auto Care segments, brand activity for Energizer, Eveready, Rayovac, Varta, Armor All, STP, A/C Pro, and related labels, and product launches such as Energizer Ultimate Child Shield coin lithium batteries.
Company announcements also address fiscal results, sales trends, margin drivers, tariff and input-cost effects, cash flow, debt reduction, dividend declarations, and integration of the completed Advanced Power Solutions acquisition. The recurring themes center on branded battery demand, auto care seasonality, retail distribution, ecommerce, pricing actions, and portfolio innovation.
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Energizer Holdings (NYSE: ENR) will announce its Second Quarter Fiscal 2023 results on May 8, 2023, before the market opens. A conference call to discuss these results will be available via webcast at 10 a.m. ET, hosted by CEO Mark LaVigne and CFO John Drabik. The event can be accessed through the company's investor relations page. Energizer is a leading global manufacturer of primary batteries, portable lights, and automotive care products, with a strong portfolio of recognized brands including Energizer, Armor All, and Rayovac. For more details, visit the company's website.
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.