Loading...
•
Jun 30, 2022
Energizer Q3 2022 Earnings Report
Announced third quarter fiscal 2022 results, with organic growth primarily due to pricing actions and adjusted EPS up compared to prior year.
Key Takeaways
Energizer Holdings, Inc. reported net sales of $728.0 million in the third quarter of fiscal year 2022, with organic growth of 3.8% primarily due to pricing actions. Earnings per share was $0.73, and Adjusted Earnings per share was $0.77, up 4% compared to the prior year. Adjusted EBITDA for the quarter was $145.5 million, versus $144.4 million in the prior year.
Net sales in the third quarter of $728.0 million, with organic growth of 3.8% primarily due to pricing actions.
Earnings per share of $0.73 and Adjusted Earnings per share of $0.77, up 4% compared to prior year.
Adjusted EBITDA for the quarter of $145.5 million, versus $144.4 million in the prior year.
Gross margin on a reported basis was 39.0% versus 37.9% in the prior year.
Energizer
Energizer
Energizer Revenue by Segment
Revenue by Segment
Auto Care Revenue
CapyFin.com Forward Guidance
Company expects full year Adjusted EBITDA and Adjusted earnings per share to be at the lower end of previously provided outlooks of $560 million to $590 million and $3.00 to $3.30, respectively.
Challenges Ahead
- Impact of a rapidly appreciating US dollar
- Exit from the Russia market to result in approximately $20 million, or $0.22 per share, of headwinds in the second half of the year based on current rates.