Energizer profit falls, sales helped by Superstorm Sandy

Thu Jan 31, 2013 7:44am EST

Jan 31 (Reuters) - Energizer Holdings Inc posted a lower quarterly profit on Thursday, as its businesses continue to come under pressure, though battery sales got a boost when Superstorm Sandy led people to stock up.

Energizer said it earned $129.8 million, or $2.07 per share, in the fiscal first quarter ended Dec. 31, down from $143.8 million, or $2.15 per share, a year earlier. Excluding items, profit rose to $2.20 per share from $2.05 per share.

Sales declined to nearly $1.193 billion from $1.198 billion.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.