Energizer Lifts Outlook After Strong Q3 Performance

Energizer Holdings reported robust third-quarter FY2025 results, posting GAAP earnings of $2.13 per share and adjusted earnings of $1.13 per share, both exceeding analyst expectations. Revenue rose 3.4% year-over-year to $725.3 million, though organic sales growth was flat at 0.1%. The company credited higher pricing, tariff mitigation, and federal battery production credits for the strong performance. Operating margin improved to 22.6%, driven by Project Momentum initiatives aimed at restoring margins and operational agility. CEO Mark LaVigne highlighted the benefits of investments in US manufacturing and production credits. Energizer raised its full-year adjusted EPS guidance to $3.55–$3.65, but analysts note ongoing headwinds from subdued long-term demand.