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 Company (NYSE: EPC) reported Q3 2022 net sales of $623.8 million, marking an 8.7% increase year-over-year, with organic sales growth of 9.0%. GAAP EPS were $0.57, down from $0.74, while adjusted EPS was $0.86, compared to $0.89 last year. The company ended the quarter with $182 million in cash and a net debt leverage ratio of 3.5x. The board declared a cash dividend of $0.15 per share. Full-year 2022 guidance reflects a projected 4% net sales increase and adjusted EPS range lowered to $2.50-$2.60, citing currency impacts and costs from acquisitions.
Edgewell Personal Care Company (NYSE: EPC) will release its third quarter fiscal year 2022 financial results on August 4, 2022, prior to market opening. The results will be discussed in a conference call hosted by President and CEO Rod Little and CFO Dan Sullivan at 8:00 a.m. ET on the same day. Interested parties can access the live webcast through the company's website, with a replay available afterward. Edgewell boasts a diversified portfolio of brands across various consumer product categories, operating globally in over 50 markets with around 6,500 employees.
Edgewell Personal Care Company (NYSE: EPC) has announced a partnership with the Arbor Day Foundation to plant over 8,350 trees globally to support reforestation and biodiversity. This effort aligns with its Sustainable Care 2030 strategy to combat climate change, aiming for a 50% reduction in greenhouse gas emissions by 2030. The trees will be planted in critical regions like the Andes, Florida, the UK, and Australia, reinforcing Edgewell's commitment to sustainability and honoring its employees' contributions.
Edgewell Personal Care Company (NYSE: EPC) will participate in two key investor conferences. The first event, the Goldman Sachs Global Staples Forum, features CEO Rod Little and CFO Dan Sullivan on May 17, 2022, at 3:55 PM ET. The second, the RBC Capital Markets Global Consumer and Retail Conference, will take place on June 2, 2022, at 8:00 AM ET. Live webcasts will be available on the company’s website, with replays accessible afterward.
Edgewell offers a diverse range of consumer products, including popular brands like Schick® and Banana Boat®.
Edgewell Personal Care (EPC) has launched the Hydro Silk Dermaplaning Wand along with an innovative prototype called the Hydro Silk Unfiltered Beauty Mirror. This mirror promotes unfiltered beauty by allowing users to stream live, unedited content on social media platforms like Instagram and TikTok. The initiative aims to boost women's self-esteem and challenge unrealistic beauty standards, particularly during Mental Health Awareness Month. The wand offers several skin benefits, enhancing the skincare routine and fostering confidence in users.
Edgewell Personal Care Company (NYSE: EPC) reported a 5.5% increase in net sales to $547.7 million for fiscal Q2 2022, with organic growth of 2.1%. GAAP EPS rose to $0.43, up from $0.26 in the previous year. The company faces challenges with increasing commodity and transportation costs, impacting adjusted EPS expectations, now projected between $2.38 and $2.66. Edgewell repurchased $51 million of stock and declared a $0.15 dividend. Despite supply chain issues in Feminine Care and Wet Ones, demand remains strong in Sun Care and Grooming segments.
Edgewell Personal Care announces the launch of Playtex Clean Comfort, a new tampon designed for eco-conscious consumers. Featuring a plastic tip and eco-friendly cardboard plunger, this product uses 40% less plastic and is made from 100% organic cotton. It is free from chlorine, dyes, and fragrances, and boasts 360-degree leak protection technology. Playtex aims to reduce single-use plastic waste among the 34.1 million U.S. women who use tampons. Clean Comfort will be available in regular and super absorbencies at various retailers.
Edgewell Personal Care Company (EPC) is set to release its second-quarter fiscal year 2022 financial results on May 10, 2022, before the market opens. An investor conference call will follow on the same day at 8:00 a.m. Eastern Time, hosted by CEO Rod Little and CFO Dan Sullivan. Interested parties can access the live webcast at www.edgewell.com. Known for brands like Schick and Playtex, Edgewell operates in over 50 markets worldwide, employing around 6,500 people.
Edgewell Personal Care (NYSE: EPC) has launched the Schick Xtreme and Schick Intuition Bamboo Hybrid Razors, featuring handles made from certified sustainably sourced bamboo and 100% recyclable packaging. The new razors align with the company's Sustainable Care 2030 strategy, aiming to reduce virgin petroleum-based plastics in disposable razors by 50% by 2030. The razors, designed for environmentally conscious consumers, use materials with recycled and renewable attributes, promising the same performance and convenience as traditional options while minimizing plastic waste.
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