secwatch.observer — SEC 8-K summary
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Issuer:     ENERGIZER HOLDINGS, INC. (ENR)
CIK:        0001632790
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001632790-23-000061
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energizer Q4 net sales up 2.6%, adj. gross margin 40.0%; FY2024 adj. EPS guided $3.10-$3.30
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- Q4 net sales $811.1M, +2.6% YoY; organic growth 2.0% from pricing and battery volumes.
- Adjusted gross margin 40.0%, up 380 bps YoY, driven by ~$19M Project Momentum savings in Q4.
- FY2023 operating cash flow $395.2M; debt reduced $225M; net leverage down to 5.2x from 5.8x.
- FY2024 outlook: Adj. EBITDA $600-$620M, Adj. EPS $3.10-$3.30; Q1 organic revenue down 6-8%.
- Dividend maintained at $0.30/quarter ($1.20 annual).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1632790/000163279023000061/0001632790-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1632790/000163279023000061/enr-20231114.htm
  HTML page:      https://secwatch.observer/filing/0001632790-23-000061

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