By Rob Curran

Energizer Holdings' fiscal second-quarter net income fell and the battery maker cut its adjusted earnings and sales projections for the fiscal year due to the impact of tariffs and uncertainty on consumer demand.

The St. Louis maker of batteries and other consumer products posted earnings of $28.3 million, or 39 cents a share, for the quarter ended in March, down from $32.4 million, or 45 cents a share, a year earlier.

Stripping out certain one-off items, Energizer logged adjusted earnings of 67 cents a share, in line with the mean analyst estimate, as per FactSet.

Second-quarter sales ticked down 0.06% to $662.9 million, short of the mean analyst target of $670 million provided by FactSet.

The company said it has cushioned the direct impact of tariffs on its costs, but is likely to suffer from secondary effects, including the damage to consumer confidence.

"Continued momentum in our top-line and the operating flexibility to effectively offset the impact from tariffs to our fiscal 2025 results." said Chief Executive Mark LaVigne in a statement.

Still, the company added that it expected tariff uncertainty and economic volatility to affect consumers and weigh on demand.

For the third quarter, Energizer forecasts adjusted earnings in a range between 55 cents and 65 cents a share. The company projected organic sales, or sales excluding acquisitions and certain other factors, to be flat to down 2% from year-earlier levels.

For the fiscal year ending in September, Energizer cut its projection for adjusted earnings to a range of $3.30 to $3.50 a share from a prior estimate of $3.45 to $3.65 a share. The battery maker also cut its sales-growth estimates, and now expects organic sales to come in flat to up 2% from fiscal 2024 levels, down from a prior 1% to 2% growth estimate.

Write to Rob Curran at rob.curran@wsj.com

(END) Dow Jones Newswires

May 06, 2025 07:31 ET (11:31 GMT)

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