Energizer Holdings reports Q1 2025 results

Energizer Holdings, Inc. has announced its financial results for the first quarter of fiscal 2025, highlighting a decline in net sales but an improvement in profitability.

For the quarter ending December 31, 2024, net sales decreased by 4.5% to $1.2 billion, compared to $1.26 billion in the same period last year. This decline was primarily due to reduced demand in certain product categories and unfavourable foreign exchange rates.

Despite the sales decrease, the company reported a gross margin improvement, rising to 38.2% from 36.5% in the prior year. This enhancement was attributed to cost-saving initiatives and strategic pricing adjustments.

Net income for the quarter was $85 million, or $0.65 per diluted share, up from $75 million, or $0.57 per diluted share, in the same quarter last year. Adjusted earnings increased by 3% to $200 million.

CEO Alan Hoskins stated, “We are pleased with our profitability improvements and remain focused on executing our strategic initiatives to drive long-term growth.”

Looking ahead, Energizer Holdings maintains its full-year fiscal 2025 guidance, expecting net sales to decline by 2% to 4% and adjusted EBITDA to be in the range of $800 million to $850 million.

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