Energizer gains on sales forecast raise

Energizer Holdings

09/05/2022 14:11

** Battery maker's shares  ENR.N  up 5.2% at $31.55 in
premarket trading
    ** Co raises fiscal year net sales forecast to low single
digit growth from its previous expectation for FY net sales to
be roughly flat 
    ** Cites pricing actions and strong auto care demand
fuelling net sales forecast revision  urn:newsml:reuters.com:*:nPn96jLf8a
    ** Through pricing actions and improved supply chain
performance, we continue to offset inflationary cost pressures
and improve speed to market - CEO 
    ** Reaffirms annual forecast for adjusted earnings per share
of $3.00 to $3.30 
    ** As of last close, ENR flat YTD


 (Reporting by Aatrayee Chatterjee in Bengaluru)
 ((Aatrayee.chatterjee@thomsonreuters.com))