Quarterly ResultAug 4, 2026, 02:38 PM
Energizer Q3 Net Sales $734.1M; Net Earnings $39.9M; EPS $0.58
AI Summary
Energizer Holdings reported a significant decline in net earnings and EPS for the third quarter and nine months ended June 30, 2026, despite a slight increase in net sales. The company's profitability was impacted by higher cost of products sold, increased restructuring charges under Project Momentum, and a non-cash loss from the UK pension plan termination. The APS acquisition contributed $49.5 million to net sales for the nine months.
Key Highlights
- Net sales for Q3 2026 increased to $734.1 million from $725.3 million in Q3 2025.
- Net earnings for Q3 2026 decreased significantly to $39.9 million from $153.5 million in Q3 2025.
- Diluted EPS for Q3 2026 was $0.58, down from $2.13 in Q3 2025.
- Nine-month net earnings fell to $46.6 million in 2026 from $204.1 million in 2025.
- Net cash from operating activities for the nine months increased to $156.0 million from $85.6 million.
- Restructuring and related costs for the nine months totaled $76.8 million, up from $45.9 million.
- The APS Acquisition contributed a net increase of $49.5 million to Net sales for the nine months.
- A non-cash settlement loss of $26.3 million was recorded for the UK pension plan termination.
Price Impact
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