Energizer Holdings (NYSE: ENR) saw its stock plummet 5.54% 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, triggering a sell-off among investors.

For the second quarter, Energizer reported adjusted earnings per share of $0.67, which met analysts' estimates but represented a 6.94% decrease from the same period last year. However, the company'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 weakness in Energizer's auto-care business offset the strength in its battery segment, contributing to the overall sales disappointment.

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 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 noting limited direct impact from tariffs on its fiscal 2025 results due to already completed sourcing shifts and pricing actions.