Edgewell Personal Care Company - EPC STOCK NEWS

Edgewell Personal Care reported fiscal 2024 results with net sales increasing 0.1% to $2,253.7 million and organic net sales up 0.2%. The company's adjusted EPS grew 18% to $3.05, while GAAP EPS decreased 11% to $1.97. During fiscal 2024, Edgewell returned $90 million to shareholders through $59 million in share repurchases and $31 million in dividends. The company ended Q4 with $209 million cash on hand and a 3.1x net debt leverage ratio.

For fiscal 2025, Edgewell projects 1-3% organic net sales growth and 7% adjusted EPS growth (13% at constant currency). The outlook includes expected share repurchases of approximately $90 million and adjusted EBITDA range of $356-368 million.

Edgewell Personal Care Company [NYSE: EPC] will report its fourth quarter and fiscal year 2024 financial results on November 7, 2024, before the market opens. The company will host an investor conference call and webcast at 8:00 a.m. Eastern Time on the same day. President and CEO Rod Little and COO and CFO Dan Sullivan will lead the call.

Interested parties can access the live webcast at www.edgewell.com under the "Investors" and "News and Events" tabs or via the direct link: http://ir.edgewell.com/news-and-events/events. A replay will be available later under the "Financial Reports" and "Quarterly Earnings" tabs.

Edgewell is a leading consumer products company with a diverse portfolio of established brands in shaving, feminine care, and sun and skin care products, operating in over 50 markets globally with approximately 6,800 employees.

Edgewell Personal Care Company (NYSE: EPC) has appointed Jessica Spence as President of its North America business, effective October 24, 2024. Spence will lead Edgewell's North American commercial business, reporting directly to CEO Rod Little. With over 20 years of experience in the consumer goods industry, Spence most recently served as President of North America at Suntory Global Spirits. She previously held the position of Chief Commercial Officer at Carlsberg Group.

Rod Little expressed confidence in Spence's ability to strengthen Edgewell's North American business and position the company as a key innovator and disruptor in the industry. Spence shared her enthusiasm for joining Edgewell, highlighting the company's world-class brands and potential for consumer-centric innovation and growth.

Edgewell Personal Care Company (NYSE: EPC) has been awarded the SmartWay® Excellence Award by the U.S. Environmental Protection Agency for its outstanding environmental performance in freight and supply chain operations. Edgewell was one of only 18 shipper companies to receive this distinction among SmartWay's 4,000+ Partners.

The company's achievements include:

• 94% of U.S. shipping by volume and distance completed by SmartWay® carriers in FY23
• Maximizing truckloads and consolidating shipments to reduce total freight miles
• Optimizing logistics to advance sustainability objectives

This recognition highlights Edgewell's commitment to efficiency and sustainability in its supply chain operations, demonstrating how environmental responsibility can be a business enabler.

Edgewell Personal Care Company (NYSE: EPC) has appointed Stephanie Stahl to its Board of Directors, effective September 10, 2024. This addition expands the board to 11 members. Stahl brings extensive marketing and strategy experience in consumer-driven and sustainability-focused business environments. She has significant expertise in business transformation, post-merger integration, and public board leadership, including M&A, DEI, and activist experience.

Stahl's background includes roles as Chief Marketing and Strategy Officer at Coach, Inc. and Revlon, Inc., and partnership at Boston Consulting Group. She currently serves on the boards of Dollar Tree, Carter's, and Newell Brands. Edgewell's CEO, Rod Little, expressed confidence that Stahl's consumer goods background will provide valuable perspective as the company executes its strategic priorities.

Edgewell Personal Care Company (NYSE: EPC) has announced its participation in a fireside chat at the Barclays 2024 Global Consumer Staples Conference in Boston on September 4, 2024, at 3:45 P.M. ET. President and CEO Rod Little, along with COO Dan Sullivan, will be presenting. A live webcast of the event will be accessible on the company's website under the 'Investors' and 'News and Events' tabs.

Edgewell is a leading pure-play consumer products company with a diverse portfolio of established brands in personal care products, including Schick®, Wilkinson Sword®, Billie®, Edge®, Skintimate®, Playtex®, Stayfree®, Carefree®, o.b.®, Banana Boat®, Hawaiian Tropic®, Bulldog®, Jack Black®, Cremo®, and Wet Ones®. The company operates in over 50 markets globally and employs approximately 6,800 people worldwide.

Edgewell Personal Care (NYSE: EPC) announced key executive leadership changes and organizational restructuring to drive growth. Dan Sullivan, current CFO and President of Europe and Latin America, is appointed Chief Operating Officer (COO), effective immediately. Francesca Weissman, Senior VP of Finance and Business Strategy, will become Chief Financial Officer (CFO) on December 1, 2024. The company is streamlining its International markets under Sullivan's leadership, consolidating Europe, Latin America, Japan, and China operations.

CEO Rod Little will temporarily oversee North America operations as Eric O'Toole steps down. These changes aim to enhance decision-making speed, improve execution, and support Edgewell's goal of consistent top- and bottom-line growth. The company reported positive Q3 results, with modest organic growth and improved gross margins, leading to an increased outlook for fiscal 2024 Adjusted EBITDA and EPS.

Edgewell Personal Care Company (NYSE: EPC) reported its Q3 fiscal 2024 results, showing a 0.3% decrease in net sales to $647.8 million, but a 0.6% increase in organic sales. The company experienced significant gross margin expansion, with adjusted gross margin increasing by 160 basis points. GAAP EPS decreased 4% to $0.98, while adjusted EPS increased 23% to $1.22. Edgewell updated its full-year outlook, now expecting organic net sales growth of approximately 1% (down from 2%) and adjusted EPS of approximately $3.00 (up from $2.80-$3.00). The company's performance was driven by strong international growth and robust performance in Sun Care and Grooming, offset by declines in North America Wet Shave and Feminine Care.

Edgewell Personal Care Company (NYSE: EPC) will release its Q3 fiscal year 2024 financial results on August 6, 2024, before the market opens.

A conference call to discuss these results will be webcast the same day at 8:00 a.m. ET, hosted by CEO Rod Little and CFO Dan Sullivan.

Interested parties can access the live webcast through Edgewell's website under the 'Investors' section.

A replay will be available for those unable to join the live session.

Edgewell is a global consumer products company with brands like Schick, Wilkinson Sword, Playtex, Banana Boat, and Wet Ones, operating in over 50 markets.