Energizer Q3 sales beat estimates on global distribution gains

Energizer Holdings

04/08/2026 12:11

Overview
Battery and auto care maker's fiscal Q3 sales rose 1.2%, beating analyst expectations
Adjusted EPS for fiscal Q3 missed analyst expectations
Company guides full-year adjusted EPS and EBITDA to low end of prior ranges

Outlook
Energizer expects Q4 organic net sales to be flat to down low single digits year-over-year
Company sees Q4 adjusted EPS of $1.25 to $1.35
Energizer expects full-year adjusted EPS and EBITDA at low end of prior ranges

Result Drivers
VOLUME GAINS - Global distribution gains and new product development in Batteries & Lights, and higher refrigerant distribution in Auto Care drove organic sales growth
PROMOTIONAL INVESTMENTS - Increased promotional spending in Batteries & Lights segment led to pricing declines, offsetting volume gains
PRODUCT MIX AND MARGIN PRESSURE - Adjusted gross margin declined due to unfavorable product mix and increased promotional investment

Company press release: ID:nPnb5mf6Va

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$734.10 mln
$720.31 mln (3 Analysts)
Q3 Adjusted EPS
Miss
$0.75
$0.83 (6 Analysts)
Q3 EPS
 
$0.58
 
Q3 Gross Margin
 
38.20%
 
Q3 Adjusted Gross Margin
 
39.20%
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy."
Wall Street's median 12-month price target for Energizer Holdings Inc is $21.00, about 0.6% above its August 3 closing price of $21.12
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)