Q1 Fiscal 2026 Earnings February 5, 2026 + Forward-Looking Statements This document contains both historical and forward-looking statements. Forward-looking statements are not based on historical facts but instead reflect our expectations, estimates or projections concerning future results or events, including, without limitation, the future sales, gross margins, costs, earnings, cash flows, tax rates, packaging transition, and performance of the Company. These statements generally can be identified by the ...

分组1 - Energizer Holdings reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.26 per share, but down from $0.67 per share a year ago, representing an earnings surprise of +19.23% [1] - The company posted revenues of $778.9 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 8.97%, compared to year-ago revenues of $731.7 million [2] - Energizer shares have increased approximately 17.6% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.81 on revenues of $693.53 million, and for the current fiscal year, it is $3.41 on revenues of $3.01 billion [7] - The Consumer Products - Staples industry, to which Energizer belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Exhibit 99.1 February 5, 2026 Energizer Holdings, Inc. 8235 Forsyth Boulevard Suite 100 St. Louis, MO 63105 FOR IMMEDIATE RELEASE Company Contact Jon Poldan Vice President, Treasurer & Investor Relations 314-985-2349 Jonathan.Poldan@energizer.com Energizer Holdings, Inc. Announces Fiscal 2026 First Quarter Results First Quarter Highlights St. Louis —February 5, 2026—Energizer Holdings, Inc. (NYSE: ENR) today announced results for the first fiscal quarter ended December 31, 2025. "Energizer's strategic prior ...

Core Insights - Energizer Holdings, Inc. reported a net sales increase of 6.5% to $778.9 million for the first fiscal quarter ended December 31, 2025, compared to $731.7 million in the prior year [4][7] - The company aims to restore growth, rebuild margins affected by tariffs, and return to its historical cash flow profile as part of its strategic priorities for Fiscal 2026 [2][3] Financial Performance - Net sales for the quarter were $778.9 million, up from $731.7 million in the prior year, driven by an acquisition impact of $64.6 million [4][5] - Organic net sales decreased by 4.3%, primarily due to softer consumer demand and higher storm activity in the previous year [5][8] - Gross margin percentage was reported at 32.9%, down from 36.8% in the prior year, with an adjusted gross margin of 34.9% compared to 40.0% [6][9] Cash Flow and Debt Management - The company generated $124.2 million in free cash flow, allowing it to pay down over $100 million in debt while returning nearly $28 million to shareholders [3][7] - Operating cash flows for the quarter were $149.5 million, with free cash flow representing 15.9% of net sales [7][13] Expenses and Profitability - Selling, General and Administrative (SG&A) expenses were 17.1% of net sales, totaling $133.2 million, an increase from 16.3% or $119.2 million in the prior year [10] - Advertising and Promotion (A&P) expenses decreased to 6.3% of net sales from 7.3% in the prior year [11] Earnings and Outlook - The company reported a net loss of $3.4 million, or a loss per share of $0.05, compared to net earnings of $22.3 million, or earnings per share of $0.30, in the prior year [11][22] - Adjusted earnings per share were $0.31, down from $0.67 in the prior year, with adjusted EBITDA at $106.9 million compared to $140.7 million [11][22] Strategic Initiatives - The integration of Advanced Power Solutions (APS) and the re-alignment of the manufacturing footprint are key initiatives aimed at improving efficiency and gross margins [3][8] - The company anticipates organic net sales to decline by 4% to 5% in the second fiscal quarter, with adjusted earnings per share expected to be in the range of $0.40 to $0.50 [14][15]

Financial Data and Key Metrics Changes - The company has 68,570,616 shares of common stock outstanding, each entitled to one vote [2] - The meeting confirmed that a quorum was present, allowing the meeting to proceed [3] Business Lines Data and Key Metrics Changes - No specific data on business lines or key metrics was provided in the meeting [6][9] Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting [6][9] Company Strategy and Development Direction and Industry Competition - The company plans to release fiscal 2026 first-quarter results on February 5, indicating a focus on transparency and communication with shareholders [6] - The company has nominated a slate of directors for a one-year term, suggesting a stable governance structure [4] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting [8][9] Other Important Information - The company will file a Form 8-K with the SEC to report the full results of the voting within four business days [7] Q&A Session All Questions and Answers - No questions were submitted during the Q&A portion of the meeting [9]

Financial Data and Key Metrics Changes - The company has 68,570,616 shares of common stock outstanding, each entitled to one vote [2] - The meeting confirmed that a quorum was present, allowing the meeting to proceed [3] Business Line Data and Key Metrics Changes - No specific business line data or key metrics were discussed during the meeting Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The company plans to release fiscal 2026 first-quarter results on February 5, indicating a focus on transparency and communication with shareholders [6] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting Other Important Information - All director nominees were elected, and the proposals regarding the appointment of the independent auditor and executive compensation were passed [7] Summary of Q&A Session - No questions were submitted during the Q&A session, leading to its adjournment [9]

Financial Data and Key Metrics Changes - As of the record date, there were 68,570,616 shares of common stock outstanding, each entitled to one vote [2] - The meeting was held with a quorum present, indicating that a majority of the shares eligible to vote were represented [3] Business Lines Data and Key Metrics Changes - No specific data on business lines or key metrics was provided during the meeting [6] Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting [6] Company Strategy and Development Direction and Industry Competition - The company is focused on inclusivity by hosting the annual shareholders meeting virtually, allowing greater shareholder participation [1] - The company plans to release fiscal 2026 first quarter results on February 5, indicating a commitment to transparency and timely communication with shareholders [6] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting [6] Other Important Information - The company has nominated 10 director nominees for a 1-year term, and the appointment of PricewaterhouseCoopers as the independent auditor for fiscal 2026 was ratified [4][5] - An advisory non-binding vote on executive compensation was also approved [5] Q&A Session All Questions and Answers - No questions were submitted during the Q&A session, leading to the adjournment of this portion of the meeting [9]

Core Viewpoint - Energizer Holdings, Inc. is set to report its First Quarter Fiscal Year 2026 results on February 5, 2026, before the market opens, followed by an investor conference call [1]. Group 1: Earnings Report Details - The earnings report will be discussed during a conference call hosted by CEO Mark LaVigne and CFO John Drabik, starting at 10 a.m. ET [1]. - Interested parties can access the live webcast, earnings press release, and prepared materials on Energizer's website [2]. Group 2: Company Overview - Energizer Holdings is one of the largest manufacturers and distributors of primary batteries, portable lights, and auto care products globally [3]. - The company’s portfolio includes well-known brands such as Energizer, Armor All, Eveready, and Rayovac, among others [3]. - Energizer's mission is to lead in its categories by better serving consumers and customers [3].

Core Insights - The article discusses the urgent need for AI companies to bypass the aging public power grid by building their own gas power plants to meet the exponential demand for computing power, which has become a critical constraint for timely deployment [1][3][4]. Group 1: Power Crisis and AI Demand - The real bottleneck for AI data centers is not the lack of electricity but the slow delivery of power that cannot keep pace with the rapid expansion of computing needs [4][8]. - AI data centers are now being constructed in 12-24 months, while the typical cycle for power grid expansion and approval is still 3-5 years, making waiting for the grid a significant risk [5][6]. Group 2: Economic Implications of Power Supply - The time value of computing power is reshaping decision-making, with a 1GW AI data center potentially generating annual revenues of up to $10 billion, making it economically viable to incur higher electricity costs for faster deployment [9][10]. - Power is no longer just an operational cost but a prerequisite for the existence of AI projects, emphasizing the need for immediate power solutions [10][22]. Group 3: Onsite Power Generation Solutions - The BYOG (Bring Your Own Generation) model has emerged as a practical solution, allowing data centers to quickly start operations without waiting for grid connections [11][48]. - Major AI companies, including xAI, OpenAI, and Oracle, are leading the trend of onsite power generation, with significant projects underway, such as a 2.3GW gas power plant in Texas [16][29]. Group 4: Gas as the Preferred Energy Source - Natural gas has become the dominant choice for onsite power generation due to its scalability, stability, and rapid deployment capabilities, unlike nuclear or renewable sources [20][21]. - The competition in AI is increasingly defined by speed rather than cost, with companies prioritizing quick power access over traditional cost considerations [22]. Group 5: Market Dynamics and New Entrants - The onsite gas power generation market is experiencing unprecedented growth, with over a dozen suppliers securing contracts for AI data centers, indicating a shift in how power is viewed within AI infrastructure [17][30]. - New entrants, such as Doosan Energy and Wärtsilä, are capitalizing on this trend, with significant orders for gas turbines to support AI data centers [30][31]. Group 6: Challenges and Considerations - While onsite power generation offers speed, it also presents challenges, including higher long-term costs compared to grid power and complex permitting processes [34][36]. - The deployment of onsite power systems requires careful planning to ensure redundancy and reliability, as the complexity of managing power independently from the grid increases [94][100].

Core Viewpoint - Energizer Holdings reported mixed results in its fourth-quarter fiscal 2025 earnings, with net sales exceeding estimates but earnings per share falling short, leading to concerns about future performance and organic sales decline [2][3][12]. Financial Performance - Adjusted earnings per share were $1.05, missing the Zacks Consensus Estimate of $1.12, and decreased by 13.9% year over year [2]. - Net sales reached $832.8 million, surpassing the Zacks Consensus Estimate of $831 million, and increased by 3.4% from the previous year [3]. - Organic net sales declined by 2.2% year over year, primarily due to a 2.9% decrease in volumes linked to softer consumer demand in North America [4]. Segment Performance - The Batteries & Lights segment saw net sales increase by 3.9% to $677.2 million, but segment profit decreased by 15.4% to $151.8 million [5]. - The Auto Care segment's net sales rose by 1% to $155.6 million, with segment profit increasing by 29% to $25.8 million [5]. Margin and Cost Analysis - Adjusted gross profit was $320.3 million, down 5.7% year over year, with adjusted gross margin contracting by 370 basis points to 38.5% due to higher input costs and production inefficiencies [6]. - Adjusted SG&A expenses increased by 4.2% year over year to $128.2 million, driven by additional costs from the APS business and higher investments in digital transformation [8]. - Adjusted EBITDA was $171.2 million, down 8.6% year over year, with the adjusted EBITDA margin decreasing by 260 basis points to 20.6% [9]. Financial Health - As of September 30, 2025, cash and cash equivalents were $236.2 million, with long-term debt at $3.41 billion and shareholders' equity of $169.9 million [11]. - Operating cash flow for the fiscal fourth quarter was $147.1 million, and free cash flow was $63.2 million [11]. Future Outlook - For fiscal 2026, the company anticipates organic net sales to be flat to slightly higher, with a modest decline in gross margin expected [12]. - Adjusted earnings per share are projected to range from $3.30 to $3.60, with adjusted EBITDA expected between $580 million and $610 million [13]. - The first quarter is expected to reflect a difficult sales comparison, with organic net sales anticipated to decline by a high single-digit percentage [13]. Market Position - Estimates for Energizer have trended downward, leading to a Zacks Rank of 4 (Sell), indicating expectations of below-average returns in the coming months [16]. - In comparison, National Vision, a peer in the consumer products industry, has seen a 14.9% increase in stock price over the past month, with positive earnings growth [17].