ENR Energizer Holdings Inc

Energizer shares fell further, extending losses after the company reported fiscal Q3 2026 results that missed Wall Street expectations on both earnings and revenue. Adjusted EPS came in at $0.75 versus the $0.83 consensus, while revenue of $734.1 million trailed forecasts of about $743 million despite modest year-over-year growth. Management also guided full-year adjusted EPS toward the low end of its $3.30–$3.60 range and forecast Q4 EPS of $1.25–$1.35, below the $1.39 consensus midpoint. Analyst reactions remained cautious, with Canaccord cutting its price target to $18 from $19, while Barclays and UBS raised their targets slightly but maintained neutral-equivalent ratings. Adjusted gross margin fell roughly 560 basis points year over year to 39.2%, pressured by an unfavorable product mix and higher promotional spending, raising concerns about profitability amid weak battery demand. $ENR

$ENR China produces and sells just cheaper and since the competition went bankcrupt e.g. Varta (even twice by now) it does not make it seem more stable.