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Net sales fall for Q1, but Hydro products gaining ground.
January 31, 2013
By: TOM BRANNA
Editor
Energizer Holdings, Inc. posted results for the first fiscal quarter ended Dec. 31, 2012.Net sales stayed almost flat at $1.2 billion. Personal care net sales fell 1.4% to $554.3 million. “Earnings for the quarter slightly exceeded our expectations,” said Ward Klein, chief executive officer.”Despite top-line challenges in our Personal Care division due to heightened competitive promotional activity, our Hydro franchise continues to grow and to show strong repeat purchase...
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