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.
On November 20, 2020, Edgewell Personal Care Company (NYSE: EPC) held its Virtual Investor Day, presenting a comprehensive growth strategy aimed at driving sustainable profits and shareholder value. Key strategic priorities include expanding into growth categories, fostering brand loyalty through consumer-driven innovation, and enhancing partnerships with retailers. The long-term financial outlook features projected organic net sales growth of 2-3% and a quarterly dividend of $0.15 per share, payable January 6, 2021. The company emphasizes disciplined capital allocation and targets over 100% free cash flow conversion.
Edgewell Personal Care Company (NYSE: EPC) reported a 7.4% decline in net sales for Q4 2020, totaling $488.8 million, with full-year sales down 8.9% at $1.95 billion. Organic sales decreased 3.5% in Q4 and 4.4% for the year. The GAAP EPS for Q4 was $0.38, with adjusted EPS at $0.59. The company generated $233 million in cash from operating activities and ended Q4 with $365 million in cash on hand. Looking ahead, they forecast mid-single-digit sales growth for fiscal 2021 and project significant savings from their Project Fuel initiative.
Edgewell Personal Care Company (NYSE: EPC) will host a Virtual Investor Day on November 20, 2020, at 9:00 a.m. ET, led by President and CEO Rod Little and the executive leadership team. The event aims to unveil a comprehensive strategy focused on driving sustainable growth and enhancing shareholder value. Participants can access a live webcast of the meeting on Edgewell’s investor relations website, which will also be available for later viewing. Edgewell is a leading consumer products company with a diverse portfolio, operating in over 50 markets globally.
Edgewell Personal Care Company (EPC) will release its fourth quarter and fiscal year 2020 financial results on November 12, 2020, before market opens. The results will be discussed in a webcast conference call starting at 8:00 a.m. Eastern Time, led by President and CEO Rod Little and CFO Dan Sullivan. Interested parties can access the call via the Edgewell website. The company is recognized for its extensive portfolio, including brands like Schick, Playtex, and Banana Boat, and operates in over 50 global markets.
Edgewell Personal Care Company (NYSE: EPC) has completed the acquisition of CREMO, a leading men's grooming brand in the U.S., following the Federal Trade Commission's approval on August 26, 2020. CEO Rod Little emphasized the strategic importance of the acquisition, stating it will enhance growth and strengthen Edgewell's presence in the rapidly expanding men's grooming market. Edgewell's product portfolio includes well-known brands like Schick and Playtex, operating in over 50 global markets.
Edgewell Personal Care Company (NYSE: EPC) has appointed Swan Sit to its Board of Directors effective September 2, 2020, expanding the board to twelve members. John Hunter, Chairman, expressed enthusiasm for Swan's significant digital marketing expertise, which is expected to enhance Edgewell's strategic execution. CEO Rod Little highlighted her relevant background, particularly in digital commerce and marketing, as crucial for the company’s innovation and growth. Swan Sit has a notable track record at Nike, Revlon, and The Estée Lauder Companies, and her appointment aims to drive sustainable value creation.
Edgewell Personal Care Company (NYSE: EPC) has announced its plan to acquire men's grooming brand CREMO for $235 million in cash. This acquisition aligns with Edgewell's growth strategy, enhancing its portfolio of brands, which includes Jack Black and Bulldog. CREMO, known for its fast-growing product lines, presents opportunities for channel and geographic expansion. The transaction, expected to close by the end of Q1 fiscal 2021, aims to strengthen Edgewell's position in the lucrative men's grooming market.
Edgewell Personal Care Company (NYSE: EPC) reported a 20.6% decline in net sales for Q3 fiscal 2020, totaling $483.9 million, largely due to COVID-19 impacts. Organic sales fell 14.7%, with significant drops in Wet Shave and Sun Care categories. Despite challenges, adjusted EPS was $0.66, down from $1.11 a year prior. The company maintains a strong cash position of $512 million and issued $750 million in senior notes. An acquisition of CREMO for $235 million aligns with growth strategies. Project Fuel expects $225-$240 million in savings by FY2021.
Edgewell Personal Care Company (EPC) is set to report its third-quarter fiscal year 2020 financial results on August 4, 2020, before the market opens. This will be followed by a conference call at 8:00 a.m. Eastern Time on the same day, hosted by CEO Rod Little and CFO Dan Sullivan. The call will be accessible via a live webcast on the company's website, ensuring that all stakeholders can stay informed about the company's performance.
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