Energizer Holdings Inc. Reports Profitable Q3 and Raises Fiscal 2025 Outlook

Energizer Holdings, Inc. (ENR), a leading manufacturer of primary batteries and portable lighting products, has reported a profitable third quarter for fiscal 2025, marking a significant turnaround from the loss experienced in the same quarter of the previous year. The company’s shares saw an uptick in pre-market trading following the announcement.

Financial Highlights and Outlook

In the third quarter, Energizer reported net sales of $725.3 million, reflecting a 3.4% increase from the previous year. Organic net sales growth was modest at 0.1%. The company’s gross margin stood at 55.1%, with the adjusted gross margin improving by 330 basis points to 44.8%. This improvement was partly due to $112.4 million in Advanced Manufacturing Production Credits, with an adjusted basis of $33.9 million.

Earnings per share (EPS) for the quarter were reported at $2.13, with an adjusted EPS of $1.13, marking a 43% year-over-year increase on an adjusted basis. Energizer has also revised its full-year outlook, expecting net sales, adjusted EBITDA, and adjusted earnings per share to exceed previous estimates. The company anticipates a 7% to 10% growth in adjusted EPS for fiscal 2025 and is well-positioned for continued earnings growth in fiscal 2026.

Analyst Expectations

Prior to the announcement, analysts had estimated a profit of $0.625 per share for the quarter, compared to a loss of $0.610 per share in the same quarter of the previous year. For the fiscal year, analysts projected an average EPS of $3.37, up from $0.520 in the prior year. Revenue expectations for the year were set at approximately $2.91 billion, a slight increase from $2.89 billion in the previous year.

Company Overview

Energizer Holdings, Inc., based in Saint Louis, specializes in the manufacturing of dry cell batteries, flashlights, and a range of razor and shave products. The company is listed on the New York Stock Exchange with a market capitalization of $1.63 billion as of July 31, 2025. Energizer’s stock closed at $22.14 on the same date, with a 52-week high of $39.515 and a low of $19.7.

For more information on Energizer Holdings, Inc. and its products, visit www.energizerholdings.com .