Let’s dig into the relative performance of Energizer (NYSE:ENR) and its peers as we unravel the now-completed Q4 household products earnings season.
Household products stocks are generally stable investments, as many of the industry’s products are essential for a comfortable and functional living space. Recently, there’s been a growing emphasis on eco-friendly and sustainable offerings, reflecting the evolving consumer preferences for environmentally conscious options. These trends can be double-edged swords that benefit companies who innovate quickly to take advantage of them and hurt companies that don’t invest enough to meet consumers where they want to be with regards to trends.
The 10 household products stocks we track reported a satisfactory Q4. As a group, revenues beat analysts’ consensus estimates by 2% while next quarter’s revenue guidance was in line.
While some household products stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.9% since the latest earnings results.
Masterminds behind the viral Energizer Bunny mascot, Energizer (NYSE:ENR) is one of the world’s largest manufacturers of batteries.
Energizer reported revenues of $731.7 million, up 2.1% year on year. This print exceeded analysts’ expectations by 0.6%. Despite the top-line beat, it was still a mixed quarter for the company with a solid beat of analysts’ EBITDA estimates but a significant miss of analysts’ gross margin estimates.
«We are very pleased to have started fiscal 2025 with a strong top and bottom line performance as we continued to execute our strategies successfully,» said Mark LaVigne, Chief Executive Officer.
The stock is down 7.8% since reporting and currently trades at $31.29.
Is now the time to buy Energizer? Access our full analysis of the earnings results here, it’s free.
Enhancing the lives of both pets and homeowners, Central Garden & Pet (NASDAQ:CENT) is a leading producer and distributor of essential products for pet care, lawn and garden maintenance, and pest control.
Central Garden & Pet reported revenues of $656.4 million, up 3.5% year on year, outperforming analysts’ expectations by 4.4%. The business had an exceptional quarter with a solid beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.
The market seems content with the results as the stock is up 3% since reporting. It currently trades at $38.21.
Is now the time to buy Central Garden & Pet? Access our full analysis of the earnings results here, it’s free.
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