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Eveready

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Eveready
NameEveready
TypePublic
IndustryConsumer goods
Founded1909 by Francis G. Bloodgood
FounderFrancis G. Bloodgood, American National Can Company
HeadquartersSt. Louis, Missouri, United States
Key peopleAlan R. Peterson, Robert G. Kern

Eveready. As a leading manufacturer of battery-powered devices, Eveready has been a household name for over a century, with its products being used by NASA, United States Army, and General Electric. The company's history is closely tied to the development of the dry cell battery by Carl Gassner and the National Carbon Company. Eveready's innovative products have been used in various applications, including flashlights, radios, and toys, and have been marketed by Procter & Gamble, Kohlberg Kravis Roberts, and Ralston Purina.

History of Eveready

The history of Eveready dates back to 1909, when Francis G. Bloodgood founded the company in St. Louis, Missouri. Initially, the company focused on producing flashlight batteries, which were used by United States Navy, United States Coast Guard, and Ford Motor Company. In the 1920s, Eveready began to expand its product line to include radio batteries, which were used by RCA Records, CBS Radio, and NBC. The company's growth was further accelerated by its merger with the American National Can Company in 1956, which was facilitated by Goldman Sachs and Morgan Stanley. During the Cold War, Eveready's batteries were used by NASA in the Apollo 11 mission, as well as by the United States Army in the Vietnam War.

Products and Services

Eveready's product line includes a wide range of battery-powered devices, such as flashlights, lanterns, and radios. The company's products are used by various organizations, including General Electric, 3M, and Caterpillar Inc.. Eveready has also partnered with Microsoft, Intel, and Dell to develop innovative products, such as rechargeable batteries and solar-powered chargers. Additionally, the company offers a range of services, including battery recycling and energy consulting, which are used by Walmart, Target Corporation, and The Home Depot.

Company Overview

Eveready is a publicly traded company listed on the New York Stock Exchange under the ticker symbol Energizer Holdings. The company is headquartered in St. Louis, Missouri, and has operations in over 50 countries, including China, India, and Brazil. Eveready's management team includes Alan R. Peterson, who serves as the company's Chief Executive Officer, and Robert G. Kern, who serves as the company's Chief Financial Officer. The company has received numerous awards, including the National Medal of Technology and the Malcolm Baldrige National Quality Award, which were presented by Barack Obama and Bill Clinton.

Marketing and Advertising

Eveready has a long history of innovative marketing and advertising campaigns, which have been developed in partnership with Ogilvy & Mather, DDB Worldwide, and Wieden+Kennedy. The company's iconic Energizer Bunny campaign, which was launched in 1989, has become a cultural phenomenon, with appearances in Super Bowl commercials and Saturday Night Live sketches. Eveready has also partnered with NFL, NBA, and MLB to promote its products, and has sponsored various events, including the Olympic Games and the World Cup. The company's marketing efforts have been recognized with numerous awards, including the Clio Award and the Effie Award, which were presented by American Marketing Association and Adweek.

Financial Performance

Eveready's financial performance has been strong in recent years, with the company reporting revenues of over $1.5 billion in 2020. The company's net income has also increased significantly, with a reported profit of $150 million in 2020. Eveready's financial performance has been driven by the growth of its battery business, as well as the expansion of its product line into new markets, such as renewable energy and energy storage. The company has also made significant investments in research and development, which have been facilitated by partnerships with MIT, Stanford University, and University of California, Berkeley. Eveready's financial performance has been recognized by Forbes, Fortune, and Bloomberg, which have ranked the company as one of the Fortune 500 and the S&P 500. Category:Companies listed on the New York Stock Exchange