Overview

• Energizer Q4 net sales rose 3.4%, slightly beating analyst expectations

• Adjusted EPS for Q4 missed analyst expectations

• Company extends Project Momentum to focus on tariff mitigation and efficiency

Outlook

• Energizer expects fiscal 2026 organic net sales to be flat to slightly up

• Gross margin expected to modestly decline due to tariffs

• Adjusted EPS for fiscal 2026 projected between $3.30 and $3.60

Result Drivers

• ACQUISITION IMPACT - Q4 net sales increase driven by acquisition-related sales, partially offset by organic decline

• PROJECT MOMENTUM - Initiative delivered over $200 mln in savings, extended to mitigate tariffs and improve efficiency

• GROSS MARGIN DECLINE - Decline due to increased input costs and lower margin profile of APS business, offset by tax credits

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the electrical components & equipment peer group is "buy."

• Wall Street's median 12-month price target for Energizer Holdings Inc is $28.50, about 16.3% above its November 17 closing price of $23.85

• The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nPn7Nsjzta

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)