Energizer profit falls as household goods sales plummet
July 30 (Reuters) - Energizer Holdings Inc, the maker of Energizer and Eveready batteries, reported a 26 percent fall in quarterly profit as household goods sales fell nearly 11 percent due to higher competition and the loss of two key retail customers.
The company said net income fell to $64.5 million, or $1.03 per share, in the third quarter ended June 30 from $87.2 million, or $1.38 per share, a year earlier.
Revenue increased 1.7 percent to $1.13 billion. (Reporting by Ramkumar Iyer in Bangalore; Editing by Joyjeet Das)
- D'Souza gets community confinement for election law violation
- U.S. and Arab allies launch first strikes on fighters in Syria |
- Three killed, including shooter, at UPS facility in Alabama
- Israel downs Syrian warplane it says violated its Golan airspace
- Argentina's Fernandez to meet billionaire investor Soros in New York