Energizer holdings, inc. announces fiscal 2024 second quarter results

Net sales for the quarter decreased 3.0% and organic net sales declined 2.7% versus the prior year, in line with our financial outlook.1 the auto care segment's net sales increased 2.3% in the quarter driven by 2.4% organic growth.1 gross margin improved 120 basis points over prior year, up 260 basis points on an adjusted basis.1 delivered earnings per share of $0.45 and adjusted earnings per share of $0.72, an increase of approximately 13% over prior year on an adjusted basis.1 year-to-date operating cash flows were $214.9 million and free cash flow was 11.8% of net sales.1 paid down $141 million of debt in the first half of the year. reaffirms fiscal year outlook for net sales, adjusted earnings per share and adjusted ebitda.1 st.
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