ENR - Energizer Holdings: Still Not Seeing Bottom-Line Growth Or Even Stability
SA authors seem to have skipped analyzing Energizer Holdings, Inc. (ENR) after the third-quarter 2019 results came out nearly two months ago, so I feel it’s time to take a look at their numbers to see how they’re doing on debt leverage, margins, and top-line growth after completing key acquisitions and divestitures over the past year. Unfortunately, the analysis below will show that the stock is a Hold for now, at least until Q4 2019 plays out.
Energizer reported a 3.6% growth rate in organic revenues and an overall net sales increase of