secwatch.observer — SEC 8-K summary
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Issuer:     ENERGIZER HOLDINGS, INC. (ENR)
CIK:        0001632790
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001632790-24-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energizer Q1 net sales down 6.3%, adj EPS $0.59; reaffirms FY2024 outlook
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- Net sales $716.6M, down 6.3% (organic -7.4%); battery volumes fell ~7% on earlier holiday orders.
- Reported diluted EPS $0.03; adjusted EPS $0.59 (vs $0.72 prior year); adjusted EBITDA $132.9M.
- Free cash flow $152.6M (21.3% of sales); debt paydown of $78M in Q1 plus $58M subsequently.
- Project Momentum savings target raised to $160-180M; FY2024 savings expected $55-65M.
- FY2024 outlook reaffirmed: organic sales flat to down low-single digits, adj EPS $3.10-$3.30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1632790/000163279024000017/0001632790-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1632790/000163279024000017/enr-20240206.htm
  HTML page:      https://secwatch.observer/filing/0001632790-24-000017

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