{"id":525134,"date":"2021-08-09T06:53:11","date_gmt":"2021-08-09T10:53:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/energizer-holdings-inc-announces-fiscal-2021-third-quarter-results\/"},"modified":"2021-08-09T06:53:11","modified_gmt":"2021-08-09T10:53:11","slug":"energizer-holdings-inc-announces-fiscal-2021-third-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/energizer-holdings-inc-announces-fiscal-2021-third-quarter-results\/","title":{"rendered":"Energizer Holdings, Inc. Announces Fiscal 2021 Third Quarter Results"},"content":{"rendered":"
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– Strong top-line auto care growth globally resulted in reported Net sales of $721.8 million, up 9.7% with organic growth of 5.8%.\u00b9<\/h2>\n

– Earnings per share of $0.24, inclusive of a $0.27 per share loss on extinguishment from debt refinancing, and Adjusted earnings per share of $0.74 for the third quarter, up 48% compared to the prior year.\u00b9<\/h2>\n

– Increasing full year outlook for Net sales growth to 8% to 9% and reaffirming outlook for Adjusted earnings per share of $3.30 to $3.50 and Adjusted EBITDA of $620 to $640 million.\u00b9<\/h2>\n

– Intends to enter into a $75 million accelerated share repurchase program in the fourth fiscal quarter.<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n ST. LOUIS<\/span>, Aug. 9, 2021<\/span> \/PRNewswire\/ — Energizer Holdings, Inc. <\/i><\/b>(NYSE: ENR)\u00a0<\/i><\/b>today announced results for the third fiscal quarter ended June\u00a030, 2021.\u00a0\u00a0 <\/p>\n

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\n
\n \"Energizer
\n <\/a>\n <\/p>\n<\/p><\/div>\n

“In our third quarter, we delivered nearly 10% Net sales growth and nearly 50% Adjusted earnings per share growth behind strong auto care results, solid execution across our business, and the benefits of synergies and reduced interest expense,” said Mark Lavigne<\/span>, Chief Executive Officer.\u00a0 “Like other organizations, we are facing cost pressures and supply chain disruptions, but our team has taken the right steps to ensure we are able to serve customers and consumers.\u00a0 The strength of our brands, the breadth of our portfolio, and the resilience of this organization in the face of the continuing pandemic position us well for success as we look forward.”<\/p>\n

\n Top-Line Performance<\/b>\n <\/p>\n

For the quarter, elevated auto care demand in both geographical segments resulted in strong Net sales of $721.8 million<\/span> compared to $658.0 million<\/span> in the prior year period.<\/p>\n

\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n

\n
\n Third Quarter<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n % Chg<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net sales – FY’20<\/span>\n <\/p>\n<\/td>\n

\n

\n $<\/span>\n <\/p>\n<\/td>\n

\n

\n 658.0<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Organic<\/span>\n <\/p>\n<\/td>\n

\n

\n 38.3<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n 5.8<\/span>\n <\/p>\n<\/td>\n

\n

\n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Impact of FY 2021 Acquisitions<\/span>\n <\/p>\n<\/td>\n

\n

\n 4.9<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n 0.7<\/span>\n <\/p>\n<\/td>\n

\n

\n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Change in Argentina<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.9<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n 0.3<\/span>\n <\/p>\n<\/td>\n

\n

\n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Impact of currency<\/span>\n <\/p>\n<\/td>\n

\n

\n 18.7<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n 2.9<\/span>\n <\/p>\n<\/td>\n

\n

\n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net sales – FY’21<\/span>\n <\/p>\n<\/td>\n

\n

\n $<\/span>\n <\/p>\n<\/td>\n

\n

\n 721.8<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n 9.7<\/span>\n <\/p>\n<\/td>\n

\n

\n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n