Record Organic Net Sales Growth
Energizer delivered an organic net sales growth of nearly 4% in the first quarter of fiscal 2025.
Adjusted Gross Margin Expansion
Achieved a 50 basis point increase, reaching 40% in adjusted gross margin for the quarter.
Strong Earnings and Debt Reduction
Adjusted earnings per share grew by 14%, and the company reduced debt by $25 million for the tenth consecutive quarter.
Project Momentum Savings
Generated $20 million in savings this quarter from Project Momentum, with expectations of $60 million for the year and $200 million for the program.
Distribution Gains and Innovation
Significant distribution gains and innovation initiatives, including the Armor All Podium Series, which secured distribution in over 15,000 locations globally.