Energizer Holdings Q1 FY25 10-Q Filed

TL;DR

**ENR Q1 FY25 10-Q: Equity details updated, check balance sheet.**

AI Summary

Energizer Holdings, Inc. filed its 10-Q for the period ending December 31, 2024. The filing covers the first quarter of their fiscal year 2025. Key financial data points such as retained earnings, common stock, and additional paid-in capital are detailed for the periods ending September 30, 2024, and December 31, 2024, as well as comparative data from the previous fiscal year.

Why It Matters

This filing provides investors with an update on Energizer's financial position and performance for the first quarter of fiscal year 2025, including changes in equity accounts.

Risk Assessment

Risk Level: low — This is a routine quarterly financial filing with no immediate red flags or significant new risks disclosed.

Key Numbers

• 72,191,936 — Shares (Total shares outstanding or related to equity accounts.)

Key Players & Entities

• ENERGIZER HOLDINGS, INC. (company) — Filer of the 10-Q
• 2024-12-31 (date) — Period of report
• 2025-02-04 (date) — Filing date
• 2024-09-30 (date) — Previous fiscal year end
• 2023-12-31 (date) — Comparative period end

FAQ

Filing Documents

• enr-20241231.htm (10-Q) — 1230KB
• exhibit101formofcocemploym.htm (EX-10.1) — 95KB
• enr10q12312024ex311.htm (EX-31.1) — 9KB
• enr10q12312024ex312.htm (EX-31.2) — 10KB
• enr10q12312024ex321.htm (EX-32.1) — 5KB
• enr10q12312024ex322.htm (EX-32.2) — 5KB
• enr-20241231_g1.jpg (GRAPHIC) — 32KB
• 0001632790-25-000024.txt ( ) — 8052KB
• enr-20241231.xsd (EX-101.SCH) — 44KB
• enr-20241231_cal.xml (EX-101.CAL) — 77KB
• enr-20241231_def.xml (EX-101.DEF) — 318KB
• enr-20241231_lab.xml (EX-101.LAB) — 627KB
• enr-20241231_pre.xml (EX-101.PRE) — 502KB
• enr-20241231_htm.xml (XML) — 1281KB

— FINANCIAL INFORMATION

PART I — FINANCIAL INFORMATION

Financial Statements (Unaudited)

Item 1. Financial Statements (Unaudited) Consolidated Statements of Earnings and Comprehensive Income (Condensed) for the Quarters Ended December 31, 2024 and 2023 4 Consolidated Balance Sheets (Condensed) as of December 31, 2024 and September 30, 2024 5 Consolidated Statements of Cash Flows (Condensed) for the Three Months Ended December 31, 2024 and 2023 6 Consolidated Statements of Shareholders' Equity (Condensed) for the Three Months Ended December 31, 2024 and 2023 7 Notes to Consolidated (Condensed) Financial Statements 8

Management's Discussion and Analysis of Financial Condition and Results of Operations 26

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 26

Quantitative and Qualitative Disclosures About Market Risk 38

Item 3. Quantitative and Qualitative Disclosures About Market Risk 38

Controls and Procedures 40

Item 4. Controls and Procedures 40

— OTHER INFORMATION

PART II — OTHER INFORMATION

Legal Proceedings 41

Item 1. Legal Proceedings 41

Risk Factors 41

Item 1A. Risk Factors 41

Unregistered Sales of Equity Securities and Use of Proceeds 41

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 41

Other Information 41

Item 5. Other Information 41

Exhibits 41

Item 6. Exhibits 41 EXHIBIT INDEX 42 SIGNATURES 43 3 ENERGIZER HOLDINGS, INC. CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (Condensed) (In millions, except per share data - Unaudited) For the Quarters Ended December 31, 2024 2023 Net sales $ 731.7 $ 716.6 Cost of products sold 462.1 449.6 Gross profit 269.6 267.0 Selling, general and administrative expense 131.3 128.1 Advertising and sales promotion expense 53.4 47.0 Research and development expense 8.0 7.8 Amortization of intangible assets 14.7 14.5 Interest expense 37.0 40.7 Loss on extinguishment of debt 0.1 0.5 Other items, net ( 5.0 ) 19.0 Earnings before income taxes 30.1 9.4 Income tax provision 7.8 7.5 Net earnings $ 22.3 $ 1.9 Basic net earnings per common share $ 0.31 $ 0.03 Diluted net earnings per common share $ 0.30 $ 0.03 Weighted average shares of common stock - Basic 72.0 71.7 Weighted average shares of common stock - Diluted 73.2 72.6 Net earnings $ 22.3 $ 1.9 Other comprehensive (loss)/income, net of tax (benefit)/expense Foreign currency translation adjustments ( 7.7 ) ( 1.1 ) Pension activity, net of tax of $( 0.2 ) and $ 0.2 , respectively. 2.6 ( 0.9 ) Deferred gain/(loss) on hedging activity, net of tax of $ 3.9 and $( 6.5 ), respectively. 10.8 ( 19.6 ) Total comprehensive income/(loss) $ 28.0 $ ( 19.7 ) The above financial statements should be read in conjunction with the Notes to Consolidated (Condensed) Financial Statements (Unaudited). 4 ENERGIZER HOLDINGS, INC. CONSOLIDATED BALANCE SHEETS (Condensed) (In millions - Unaudited) Assets December 31, 2024 September 30, 2024 Current assets Cash and cash equivalents $ 195.9 $ 216.9 Trade receivables, less allowance for doubtful accounts of $ 6.5 and $ 5.7 , respectively 349.7 441.3 Inventories 666.7 657.3 Other current assets 193.8 163.4 Total current assets 1,406.1 1,478.9 Property, plant and equipment, net 384.7 380.1 Operating

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View this 10-Q filing on SEC EDGAR