Energizer Holdings, Inc. Earnings Recaps
Q2 2026
May 6, 2026
Shares declined 1.9% as investors appeared cautious on the tempered guidance for the back half of fiscal 2026, driven by a softer macro environment and lower-than-expected tariff credits, partially offsetting operational progress.
Key takeaways
- Organic sales for fiscal 2026 are now expected to be flat, reflecting a more cautious consumer than initially anticipated.
- Tariff-related production credits are forecasted to be 10–15% lower than previously planned for the year, reducing gross profit headwinds relief in the back half.
- Management highlighted disciplined pricing, supply chain improvements, and cost optimization efforts as margin support factors.
- Growth in the back half of the year is contingent on APS integration, new product innovation, expanded distribution, and pricing actions.
- The company reiterated its expectation to deliver at the high end of its fiscal 2026 earnings range despite the noted headwinds.
Q4 2025
Nov 18, 2025
Energizer Holdings delivered a strong fiscal 2025, achieving a 6% increase in adjusted EPS to $3.52, supported by strategic initiatives and cost management despite a challenging economic environment.
Key takeaways
- Net sales growth was driven by e-commerce expansion, international markets, and innovation in auto care.
- Project Momentum realized over $200 million in savings and is projected to reach nearly $3 billion.
- The company returned $177 million to shareholders through dividends and share repurchases, decreasing outstanding shares by approximately 5%.
- Management anticipates challenges in Q1 2026 but expects a rebound with double-digit adjusted EPS growth in the following quarters as operational adjustments take effect.