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Energizer Holdings yearly EPS $6.47

Staff writer ▼ | November 7, 2013
Energizer Holdings announced results for the fourth fiscal quarter and full fiscal year 2013, ended September 30, 2013. For the full fiscal year net earnings per diluted share were $6.47, an increase of 4%, compared to the prior fiscal year and adjusted EPS $6.96, up 12.3%.
Energizer HoldingsEnergizer Holdings announced results for the fourth fiscal quarter and full fiscal year 2013, ended September 30, 2013. For the full fiscal year net earnings per diluted share were $6.47, an increase of 4%, compared to the prior fiscal year and adjusted EPS $6.96, up 12.3%.


For the fourth fiscal quarter, net earnings per diluted share were $1.66 compared to $1.84 in the prior year fiscal quarter and adjusted net earnings for the quarter were $1.38 compared to $1.76 in the prior year fiscal quarter.

Fiscal 2013 adjusted net earnings per diluted share were $6.96, up 12.3%; net sales wereof $4,466 million, down 2.2% (exclusive of currencies, down 1.1%); and gross Margin expansion was 30 basis points (up 90 basis points exclusive of currencies and 2013 restructuring related costs).

"Fiscal 2013 was another successful year for Energizer. Adjusted net earnings per diluted share hit a record $6.96, up 12.3% versus the previous year, the second consecutive year of double digit adjusted net earnings per share growth in spite of unprecedented competitive activity, soft category dynamics, and currency headwinds. We also delivered on our commitment to return cash to shareholders by increasing our quarterly dividend 25% to $0.50 per share," said Ward M. Klein, Chief Executive Officer.

"I am also pleased to announce that we have closed on our acquisition of the Stayfree pad, Carefree liner and o.b. tampon feminine hygiene brands in the U.S., Canada and the Caribbean. We believe these brands provide a solid complement to our existing Playtex Feminine Care brands and strengthen our overall feminine care product portfolio," continued Mr. Klein.


 

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