Welcome to our dedicated page for Edgewell Personal Care Company news (Ticker: EPC), a resource for investors and traders seeking the latest updates and insights on Edgewell Personal Care Company stock.
Edgewell Personal Care Company (NYSE: EPC) is a leading global consumer products company dedicated to re-imagining personal care. Operating in over 50 countries, Edgewell offers a diverse portfolio of over 25 brands, including well-known names such as Schick, Wilkinson Sword, Billie, Playtex, Carefree, Banana Boat, and Hawaiian Tropic. The company is organized into three primary segments: Wet Shave, Sun and Skin Care, and Feminine Care.
Wet Shave: Edgewell is renowned for its men's and women's shaving systems and disposable razors. Brands like Schick® and Wilkinson Sword® have consistently delivered high-quality products that cater to different shaving needs. In recent times, the company has expanded into grooming products with brands like Bull Dog and Cremo.
Sun and Skin Care: Featuring brands such as Banana Boat® and Hawaiian Tropic®, the company's sun care products provide essential protection against harmful UV rays. Edgewell’s grooming range includes Jack Black® and Cremo® products, ensuring comprehensive skin care and grooming solutions.
Feminine Care: With a focus on comfort and reliability, Edgewell offers a range of products under brands like Playtex®, Stayfree®, and Carefree®. The latest innovation includes Carefree expanding its product line to new pads designed for different feminine care needs, making it a comprehensive solution for women.
Edgewell’s mission is to make everyday moments more inspired, personal, and trustworthy for families. Their recent projects demonstrate a strong commitment to innovation and sustainability. For instance, Banana Boat has been recognized as a finalist in Fast Company’s 2024 World Changing Ideas Award for its 'Nest Domes' project, which aids sea turtle conservation by regulating sand temperatures on beaches.
Financially, Edgewell shows robust performance, recording significant growth in organic net sales and gross margins. The company’s strategic initiatives and operational efficiencies have driven steady cash flow and earnings per share growth. With CEO Rod Little at the helm, Edgewell continues to focus on its strategic priorities to deliver sustained growth and value creation for its shareholders.
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.
Edgewell Personal Care (NYSE: EPC) has released its 2023 Sustainability Report, highlighting significant achievements in its sustainability initiatives. Key highlights include a 55.8% reduction in virgin petroleum-based plastics in razors and blades, a 23.5% decrease in GHG emissions, and an 11.3% cut in energy use compared to FY19 baselines. Additionally, the company achieved a world-class injury rate of 0.68 and donated $1.5 million through charitable giving. Edgewell's commitment to diversity and inclusion is reflected in its 54% female global workforce and multiple industry recognitions, such as being ranked #2 on Forbes' America's Best Midsize Employers list and #19 on Newsweek's Most Responsible Companies.
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