Energizer Holdings' stock surged 8.63% during Tuesday's intraday trading session following the release of its fiscal second-quarter results, which featured a significant earnings beat and an upgraded full-year forecast.

The battery manufacturer reported adjusted earnings per share of $0.94 for the quarter, dramatically exceeding the analyst consensus estimate of $0.46. This strong performance was achieved despite a 3% year-over-year decline in net sales to $643.3 million, which fell short of Wall Street expectations. The company highlighted meaningful progress in its margin recovery efforts, with gross margin expanding to 40.2% from 39.1% a year ago, aided by a $47.6 million tariff refund benefit.

Driving investor optimism further, Energizer raised its full-year guidance, now expecting to deliver adjusted earnings per share at the high end of its previously provided range of $3.30 to $3.60. The company also anticipates low single-digit net sales growth for the fiscal year. Management expressed growing confidence in a return to organic growth in the latter half of the year, citing significant gross margin recovery and progress against strategic priorities.