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Energizer's (ENR) Auto Care Unit Aids Amid Battery Unit Hurdles
ENREnergizer (ENR) ZACKS·2024-06-11 01:45

These savings have been instrumental in facilitating margin expansion and earnings growth. Energizer anticipates total savings from this program between $160 million and $180 million over three years, with expected savings of $55-$65 million for fiscal 2024. The Auto Care segment has emerged as a significant growth driver for Energizer, with revenues increasing 2.3% year over year to $182.3 million in the second quarter of fiscal 2024. This segment experienced an impressive 600-basis-point expansion in segm ...