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Mar 31, 2020
Energizer Q2 2020 Earnings Report
Energizer Holdings reported an increase in net sales and adjusted diluted net earnings per share compared to the prior year.
Key Takeaways
Energizer Holdings announced strong second-quarter performance with net sales increasing by 5.5% to $587.0 million, driven by organic growth and acquisitions. Diluted net earnings per common share was $0.14, compared to a net loss of $0.97 in the prior year, and adjusted diluted net earnings per common share was $0.37, compared to $0.20 in the prior year.
Net sales increased 5.5% to $587.0 million, driven by organic growth of 2.7% and acquisitions.
Diluted net earnings per common share was $0.14, compared to a net loss of $0.97 in the prior year.
Adjusted diluted net earnings per common share was $0.37, compared to $0.20 in the prior year.
Increased financial flexibility through a bond offering of $250 million and a credit agreement amendment.
Energizer
Energizer
Energizer Revenue by Segment
Revenue by Segment
Batteries & Lights Revenue
CapyFin.comAuto Care Revenue
CapyFin.com Forward Guidance
Energizer withdrew its previously disclosed full year outlook due to uncertainties related to the COVID-19 pandemic's impact on the global economy and consumer demand.
Revenue & Expenses
Visualization of income flow from segment revenue to net income