03.04.15
Energizer Holdings’ first fiscal quarter that ended Dec. 31, 2014 showed that net sales fell 6.8% to $1.04 billion.
“First quarter adjusted net earnings per diluted share were in-line with our expectations despite significant currency headwinds,” said Ward M. Klein, chief executive officer. “We expect net sales trends to improve over the next six months as category performance has improved in personal care and household products gained share in the US and globally. Additionally, both segments will launch new, innovative products in our second fiscal quarter.”
Personal care segment net sales were $537.1 million, down 2.4%, according to Energizer, with organic net sales down 2.5% Personal care profit was $116.2 million, down 10.8%. Excluding the impacts of currency movements and the incremental benefit from the feminine care brands acquisition, segment profit declined 6.7%.
“First quarter adjusted net earnings per diluted share were in-line with our expectations despite significant currency headwinds,” said Ward M. Klein, chief executive officer. “We expect net sales trends to improve over the next six months as category performance has improved in personal care and household products gained share in the US and globally. Additionally, both segments will launch new, innovative products in our second fiscal quarter.”
Personal care segment net sales were $537.1 million, down 2.4%, according to Energizer, with organic net sales down 2.5% Personal care profit was $116.2 million, down 10.8%. Excluding the impacts of currency movements and the incremental benefit from the feminine care brands acquisition, segment profit declined 6.7%.