Every material Form 8-K Energizer filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Energizer reported fiscal 2024 net sales of $2,887.0 million, down 2.5% from $2,959.7 million, while adjusted diluted EPS rose to $3.32 from $3.09. Reported net earnings fell to $38.1 million from $140.5 million, mainly due to a $110.6 million non-cash impairment of intangible assets. The company guided fiscal 2025 adjusted EBITDA to $625 million to $645 million and adjusted EPS to $3.45 to $3.65, and its board approved a new buyback of up to 7.5 million shares.
Fiscal 2024 net sales were $2,887.0 million, down 2.5%; organic sales declined 2.2%
Fiscal 2024 reported diluted EPS was $0.52 versus $1.94; adjusted diluted EPS was $3.32 versus $3.09
Fiscal 2025 outlook: adjusted EBITDA of $625 million to $645 million and adjusted EPS of $3.45 to $3.65
Board approved a new share repurchase program of up to 7.5 million shares on November 18, 2024, replacing the prior authorization
Energizer reported fiscal third-quarter 2024 net sales of $701.4 million, up 0.3% from $699.4 million a year earlier, and a net loss of $43.8 million, or $0.61 per diluted share, after a $110.6 million non-cash impairment of intangible assets. Adjusted diluted earnings per share were $0.79, up from $0.54, and the company said its fiscal 2024 adjusted earnings per share and adjusted EBITDA are expected at the high end of its original range.
Q3 net sales $701.4 million vs. $699.4 million; organic net sales up 1.2%
Net loss $43.8 million, or $0.61 per diluted share, including a $110.6 million non-cash impairment
Adjusted diluted EPS $0.79 vs. $0.54; fiscal 2024 adjusted EPS guidance $3.20 to $3.30 and adjusted EBITDA $610 million to $620 million
Fiscal 2024 organic revenue expected to be down roughly 2%
On May 29, 2024, Energizer Holdings entered a Fourth Amendment to its credit agreement that repriced its term loans by lowering the applicable margin by 25 basis points and removing the credit spread adjustment for term benchmark loans. The filing does not state the size of the loans or any dollar savings, and it does not report financial results.
Applicable margin cut from 1.25% to 1.00% for floating rate loans and from 2.25% to 2.00% for term benchmark loans
Credit spread adjustment on Adjusted Term SOFR Rate for term benchmark loans removed
Prepayment premium reset to apply to a repricing event occurring within six months after the amendment's effective date
JPMorgan Chase Bank, N.A. is administrative agent; full amendment filed as Exhibit 10.1
Energizer reported fiscal second-quarter 2024 results for the period ended March 31, 2024. Net sales fell 3.0% to $663.3 million, while GAAP diluted EPS dropped to $0.45 from $0.55 and adjusted diluted EPS rose to $0.72 from $0.64. The company reaffirmed its fiscal 2024 outlook for adjusted EPS of $3.10 to $3.30 and adjusted EBITDA of $600 million to $620 million.
Net sales were $663.3 million versus $684.1 million a year earlier; organic net sales declined 2.7%.
GAAP net earnings were $32.4 million versus $40.0 million, after restructuring charges of $23.4 million versus $7.5 million.
Adjusted diluted EPS was $0.72 versus $0.64; adjusted EBITDA was $142.5 million versus $139.5 million.
Fiscal 2024 outlook for adjusted EPS ($3.10 to $3.30) and adjusted EBITDA ($600 million to $620 million) was reaffirmed.
Energizer Holdings reported fiscal first-quarter 2024 results for the quarter ended December 31, 2023, with net sales down 6.3% to $716.6 million and GAAP diluted EPS of $0.03, versus $0.68 a year earlier. The company reaffirmed its fiscal 2024 outlook and raised its Project Momentum savings estimate, but a $21.0 million Argentina currency loss and higher SG&A weighed on profit.
Net sales were $716.6 million versus $765.1 million, down 6.3%; organic net sales fell 7.4%.
Adjusted diluted EPS was $0.59 versus $0.72 a year earlier; GAAP diluted EPS was $0.03 versus $0.68.
Fiscal 2024 Adjusted EPS outlook of $3.10 to $3.30 and Adjusted EBITDA outlook of $600 million to $620 million were reaffirmed.
Project Momentum savings estimate was raised to $160 million to $180 million from $130 million to $150 million.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Energizer filing is on SEC EDGAR ↗. 8-K briefs of other companies →