energizer holdings inc (ENR) Key Developments
Energizer Holdings Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2014; Provides Earnings Guidance for the Fiscal Year 2015
Nov 12 14
Energizer Holdings Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended September 30, 2014. For the quarter, the company reported net sales of $1,141.4 million against $1,066.1 million a year ago. Earnings before income taxes were $97.8 million against $159.8 million a year ago. Net earnings were $85.2 million against $105.1 million a year ago. Earnings per diluted share were $1.36 against $1.66 a year ago. Adjusted net earnings per diluted share were $1.87 against $1.38 a year ago. Adjusted net earnings were $116.9 million against $87 million a year ago. Capital spending in the quarter was approximately $30 million, a decrease of $1 million versus the prior year quarter. Fourth fiscal quarter results reflect the impact of organic top-line growth, continued margin rate improvement, accretion from the feminine care brands acquisition, increased A&P investments and a favorable effective tax rate versus the prior year.
For the full year, the company reported net sales of $4,447.7 million against $4,466.0 million a year ago. Earnings before income taxes were $473.5 million against $567.9 million a year ago. Net earnings were $356.1 million against $407.0 million a year ago. Earnings per diluted share were $5.69 against $6.47 a year ago. Adjusted net earnings were $458.3 million against $438 million a year ago. Adjusted diluted share were $7.32 against $6.96 a year ago.
The company announced that for the fiscal year 2015 (through June 30, 2015): total company organic net sales are expected to be flat and gross margin rates are estimated to remain near prior year levels.
Energizer Holdings, Inc. Declares First Quarter Dividend, Payable on December 16, 2014
Nov 3 14
Energizer Holdings Inc. announced that its Board of Directors has declared a dividend for the first quarter of its fiscal 2015 of $0.50 per share of Common Stock, payable on December 16, 2014 to all shareholders of record as of the close of business on November 19, 2014.
Energizer Holdings Inc., Q4 2014 Earnings Call, Nov 12, 2014
Oct 29 14
Energizer Holdings Inc., Q4 2014 Earnings Call, Nov 12, 2014
Energizer Holdings Inc. Announces Executive Leadership for Household Products and Personal Care Businesses
Aug 29 14
Energizer Holdings Inc. announced the anticipated executive leadership teams of the Personal Care and Household Products businesses following the planned separation of Energizer, expected to occur by July 1, 2015. The following individuals are expected to join the leadership team of the Personal Care company: Sandy Sheldon, Chief Financial Officer; Manish Shanbhag, VP, General Counsel & Secretary; Al Robertson, Chief Marketing Officer; John Hill, VP, Commercial -- North America; Colin Hutchison, VP, Commercial -- International; Dave VerNooy, VP, Global Operations & RDE; Peter Conrad, Chief Administrative Officer; Tony Bender, Chief Information Officer; and Teresa Ceotto, VP, Human Resources. As previously announced, upon the expected completion of the separation, Ward Klein, Energizer's Chief Executive Officer, will serve as Executive Chairman of the Board of standalone Personal Care. David Hatfield, President and Chief Executive Officer of Energizer Personal Care, will serve as Chief Executive Officer of the Personal Care company. Sandy Sheldon, who serves as Energizer's Vice President, Finance, was named Chief Financial Officer of the Personal Care company. The following individuals are expected to join the leadership team of the Household Products company: Brian Hamm, Executive VP & Chief Financial Officer; Michelle Atkinson, Chief Consumer Officer; Dan Carpenter, Chief Innovation Officer; Greg Kinder, Executive VP & Chief Supply Chain Officer; Mark LaVigne, Executive VP & Chief Operating Officer; Brandon Davis, Chief Business Officer -- The Americas; Patrick Hédouin, Chief Business Officer -- International; Kelly Boss, VP, General Counsel & Secretary; and Sue Drath, Chief Human Resource Officer. As previously announced, J. Patrick Mulcahy, Chairman of the Energizer Board of Directors, is expected to serve as Chairman of the Board of the Household Products company. Alan Hoskins, President and Chief Executive Officer of Energizer Household Products, is expected to serve as Chief Executive Officer of the Household Products company. Brian Hamm, who serves as Energizer's Controller and Chief Accounting Officer, was named as the Chief Financial Officer of the Household Products company. As CFO, Ms. Sheldon will lead the Global Finance organization to provide sound financial management over all aspects of Finance and Controllership as well as Tax and Treasury services. Mr. Shanbhag will serve as VP, General Counsel and Secretary, overseeing all legal matters for the new Personal Care company. His oversight will inform corporate governance and business policy. Mr. VerNooy will oversee global transportation, distribution and supply planning in addition to maintaining its high standards for Quality, Environmental, Health, and Safety. Mr. LaVigne will be responsible for executing its business strategy globally, leading Commercial, Legal and HR to deliver on its future vision. Ms. Boss will oversee all legal affairs across functions to protect the intellectual property and data that drive strategic innovation for the new Household Products.
Energizer Holdings Inc. Presents at Barclays Capital Back-to-School Consumer Conference 2014, Sep-03-2014 11:15 AM
Aug 21 14
Energizer Holdings Inc. Presents at Barclays Capital Back-to-School Consumer Conference 2014, Sep-03-2014 11:15 AM. Venue: InterContinental Hotel, Boston, Massachusetts, United States. Speakers: Ward M. Klein, Chief Executive Officer, Director, Member of Executive Committee and Member of Finance & Oversight Committee.