Energizer Holdings, Inc.

Good morning, ladies and gentlemen. Welcome to Energizer Holdings Inc. Third Quarter FY 2025 Results Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press the star zero for the operator. This call is being recorded on Monday, August 4, 2025. I would now like to turn the conference over to John Polden. Please go ahead.

Good morning, and welcome to Energizer's third quarter fiscal 2025 conference call. Joining me today are Mark Levine, President and Chief Executive Officer, and John Drabik, Executive Vice President and Chief Financial Officer. In just a moment, Mark will share a few opening comments, and then we'll take your questions. A replay of this call will be available on the investor relations section of our website, energizerholdings.com. In addition, please note that our earnings release, prepared remarks, and a slide deck are also posted on our website. During the call, we will make forward-looking statements about the company's future business and financial performance, among other matters. These statements are based on management's current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these statements. We do not undertake to update these forward-looking statements. Other factors that could cause actual results to differ materially from these statements are included in reports we file with the SEC. We also refer the presentation to non-GAAP financial measures. The reconciliation of non-GAAP financial measures to comparable GAAP measures as shown in our press release issued earlier today, which is available on our website. Information concerning our categories and estimated market share discussed on this call relates to the categories where we compete and is based on Energizer's internal data, data from industry analysis, and estimates we believe to be reasonable. The battery category information includes both brick-and-mortar and e-commerce retail sales. And less otherwise noted, all comments regarding the quarter and year pertain to Energizer's current fiscal year and all comparisons to prior year relate to the same period in fiscal 2024. With that, I would like to turn the call over to Mark. Good morning, everyone, and thanks for joining us today.

As you can see, we have altered our approach for releasing earnings. I hope you've had a chance to review our press release along with our prepared remarks posted on our website this morning. I'll open today's call with a high-level summary and then open it up for questions. We had a strong third quarter. Results came in ahead of expectation, and that's a direct reflection of the work we've done over the past few years to strengthen our business. We've been focused on restoring margins, investing in growth, and building a more agile operation, and it's paying off.