Company News, Financial News

Energizer Personal Care Feels the Heat of Competition

Q3, nine-month sales show decreases due to the marketplace.

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By: TOM BRANNA

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Energizer Holdings, Inc. posted results for the third fiscal quarter ended June 30, 2013.  Net sales fell 1% to $1.1 billion. For the nine months ended June 30, net sales fell 1% to $3.4 billion. Organically, net sales were flat for Personal Care in the nine-month period at $1.9 billion. For the quarter, net sales decreased 3.6% to $673.5 million. Organic sales growth remains challenging for Energizer, particularly in North America.  The company estimates that most of the US categories in perso...

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