earnings
confidence high
sentiment neutral
materiality 0.75
Energizer Q3 fiscal 2022: net sales $728M, organic +3.8%, adj EPS $0.77, guidance at low end
ENERGIZER HOLDINGS, INC.
2022-Q3 EPS reported
$1.82
revenue$2,259,700,000
- Net sales $728M (+0.9% reported, +3.8% organic); pricing contributed ~10%, offset by 7.5% volume decline.
- GAAP EPS $0.73; adjusted EPS $0.77 (+4% YoY); adjusted EBITDA $145.5M vs $144.4M prior year.
- Adjusted gross margin improved to 40.4% from 39.2% YoY on pricing actions.
- FY2022 guidance: Adjusted EBITDA and EPS now expected at lower end of $560-590M and $3.00-3.30 due to ~$20M FX and Russia headwinds.
- Quarterly dividend of $0.30 per share paid.