earnings
confidence high
sentiment negative
materiality 0.75
Energizer Q2 adjusted EPS $0.47 vs $0.77; raises net sales guidance to low single digit growth
ENERGIZER HOLDINGS, INC.
2022-Q2 EPS reported
$1.09
revenue$1,531,700,000
- Net sales $685.4M flat YoY; organic growth 1.3% driven by ~5% pricing, partly offset by 4.5% volume decline.
- Adjusted diluted EPS $0.47 vs $0.77; gross margin down 560 bps to 34.9% on inflation.
- Increasing FY2022 net sales outlook to low single-digit growth; reaffirms adjusted EPS $3.00-$3.30 and EBITDA $560-$590M.
- Exited Russian market; impact -0.5% on sales. Dividend $0.30/share declared.