Energizer Holdings, Inc. Announces Fiscal 2025 Third Quarter Results

About this update from Energizer Holdings, Inc.

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LOUIS , Aug. 4, 2025 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) today announced results for the third fiscal quarter ended June 30, 2025.","length":155,"tagName":"p"},{"type":"image","alt":"Energizer Holdings, Inc. (PRNewsfoto/Energizer Holdings, Inc.)","displaySize":"","headline":null,"caption":"Energizer Holdings, Inc. (PRNewsfoto/Energizer Holdings, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":309,"url":"https://media.zenfs.com/en/prnewswire.com/11e83aec92af9d3842549b92c76f35c1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/UIq6TQwJtYmv3836NDSKBg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTU0NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/11e83aec92af9d3842549b92c76f35c1","width":400,"height":309}},"href":"https://mma.prnewswire.com/media/1006350/Energizer_Holdings_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Three years ago, we launched Project Momentum to restore margins, increase our operational agility, and invest in growth. Our performance this quarter illustrates the benefits of those efforts as we delivered organic top-line growth, strong gross margins and robust earnings. In addition, our business has been further strengthened by our qualification for production credits as a result of our investments and focus on US manufacturing capabilities." said Mark LaVigne , Chief Executive Officer. "We are increasing our outlook to reflect the higher level of earnings generated by pricing, tariff mitigation efforts and the inclusion of production credits.  As we look ahead, we are confident in our ability to generate ongoing earnings growth, creating long-term value for our shareholders."","length":817,"tagName":"p"},{"type":"text","content":" Top-Line Performance ","length":20,"tagName":"p"},{"type":"text","content":"For the quarter, we had Net sales of $725.3 million compared to $701.4 million in the prior year period.","length":104,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.83em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[{"type":"text","content":" ","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":" Third Quarter ","length":13,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.83em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[{"type":"text","content":" ","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":" % Chg ","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;","val":[{"type":"text","content":" Net sales - 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During the quarter, the Company recorded an estimated $112.4 million of production credits related to battery production in our U.S. facilities. The amount related to FY25 production is an estimated $33.9 million and an additional estimated $78.5 million was recorded for production retroactive to the start of the production credit period of  January 1 , 2023.","length":451,"tagName":"p"},{"type":"text","content":"Excluding the estimated FY23 & FY24 production credits of $78.5 million recorded in the current quarter, restructuring costs in the current and prior year of $2.9 million and $13.4 million , respectively, network transition costs of $0.9 million in the current year, and acquisition and integration costs of $0.2 million in the prior year, Adjusted Gross margin was 44.8% compared to 41.5% in the prior year, an increase of 330 basis points. 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These statements generally can be identified by the use of forward-looking words or phrases such as "believe," "expect," "expectation," "anticipate," "may," "could," "will," "intend," "belief," "estimate," "plan," "target," "predict," "likely," "should," "forecast," "outlook," or other similar words or phrases. These statements are not guarantees of performance and are inherently subject to known and unknown risks, uncertainties and assumptions that are difficult to predict and could cause our actual results to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or projections will be achieved. The forward-looking statements included in this document are only made as of the date of this document and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances. 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Numerous factors could cause our actual results and events to differ materially from those expressed or implied by forward-looking statements, including, without limitation:","length":1716,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Global economic and financial market conditions beyond our control might materially and negatively impact us.","length":109,"tagName":"p"}]},{"val":[{"type":"text","content":"Competition in our product categories might hinder our ability to execute our business strategy, achieve profitability, or maintain relationships with existing customers.","length":170,"tagName":"p"}]},{"val":[{"type":"text","content":"Changes in the retail environment and consumer preferences could adversely affect our business, financial condition and results of operations.","length":142,"tagName":"p"}]},{"val":[{"type":"text","content":"Loss or impairment of the reputation of our Company or our leading brands or failure of our marketing plans could have 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