Energizer Has Strong First Quarter Sales

For the first quarter, demand across batteries, auto, and lights was elevated, resulting in strong sales growth for Energizer Holdings, Inc. Net sales were $848.6 million compared to $736.8 million in the prior year period. New distribution, primarily in North America, contributed 5.5 per cent; increased year-over-year replenishment volumes, primarily in North America, contributed four per cent, driven by elevated demand in both battery and auto; timing of activity between quarters contributed to the increase as the prior year was lapped shifting holiday orders from the first quarter of fiscal 2020 into the fourth quarter of fiscal 2019. In addition, there was an acceleration of orders at the end of the current quarter driven by the timing of Brexit shipments and increased country lockdowns.