Energizer Q2 net sales $662.9M, adj EPS $0.67, cuts FY2025 guidance citing consumer caution

ENERGIZER HOLDINGS, INC.

Net sales of $662.9M (-0.1% YoY); organic growth +1.4% driven by new distribution.
GAAP EPS $0.39; adjusted EPS $0.67, at high end of guided range versus $0.72 prior year.
Adjusted gross margin 40.8% (+30 bps YoY) on $16M Project Momentum savings.
FY2025 guidance lowered: organic net sales flat to +2%, adj EBITDA $610-630M, adj EPS $3.30-3.50.
Completed acquisition of Advanced Power Solutions NV on May 2, 2025, neutral to FY2025 adj EPS.

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