ENR - Why EVEREADY Parent Energizer Holdings' Shares Are Soaring Today | Benzinga
Energizer Holdings, Inc. (NYSE: ENR) fourth-quarter FY23 sales increased by 2.6% year-on-year to $811.10 million, beating the consensus of $794.58 million.
The household and specialty batteries manufacturer reported an adjusted EPS of $1.20, beating the analyst consensus of $1.13.
Adjusted gross margin was 40%, up 380 basis points from the prior year quarter and 120 basis points from the third fiscal quarter of 2023.
The gross margin increase for the quarter was driven by ...