secwatch.observer — SEC 8-K summary
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Issuer:     EnerSys (ENS)
CIK:        0001289308
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001289308-21-000051
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EnerSys reports Q2 FY2022 sales up 12% to $791M; CFO Schmidtlein to retire, Funk named successor
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- Net sales of $791M, up 12% YoY; record backlog exceeds $1.0B.
- Energy Systems operating earnings fell 95% to $1.2M; Motive Power op earnings up 70% to $41.0M.
- CFO Michael J. Schmidtlein to retire March 31, 2022; Andrea J. Funk promoted to EVP & CFO effective April 1, 2022.
- New $100M stock repurchase authorization with no expiration; quarterly dividend of $0.175/share declared, payable Dec 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289308/000128930821000051/0001289308-21-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289308/000128930821000051/ens-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001289308-21-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer