Energizer Holdings (NYSE: ENR) saw its stock price plummet 5.29% in pre-market trading on Tuesday following the release of its fiscal 2025 second-quarter earnings report. The battery maker's results revealed challenges in meeting sales expectations and a cautious outlook for the remainder of the year.

The company reported adjusted earnings per share of $0.67, which met analysts' estimates but represented a 6.94% decrease from the same period last year. Energizer's quarterly sales came in at $662.9 million, missing the consensus estimate of $669.58 million and showing a slight 0.06% year-over-year decline. The gross margin for the quarter stood at 39.1%.

Adding to investor concerns, Energizer lowered its full-year guidance, now expecting fiscal 2025 organic net sales to be in the range of flat to up 2%. The company also adjusted its fiscal 2025 earnings per share forecast to $3.30 to $3.50, below the previous LSEG IBES estimate of $3.55. Management cited expectations of "a more cautious consumer over the balance of the year" as a key factor in their revised outlook. Despite these challenges, Energizer noted that it anticipates limited direct impact from tariffs on its fiscal 2025 results due to already completed sourcing shifts and pricing actions.