Welcome to our dedicated page for Edgewell Pers Care Co news (Ticker: EPC), a resource for investors and traders seeking the latest updates and insights on Edgewell Pers Care Co stock.
Overview of Edgewell Pers Care Co
Edgewell Pers Care Co (NYSE: EPC) is a global personal care company that re-imagines everyday grooming and beauty routines through a diversified portfolio of trusted brands. With core segments including Wet Shave, Sun and Skin Care, and Feminine Care, the company offers innovative solutions that cater to a wide range of personal care needs. Its well-established brands, such as Schick, Wilkinson Sword, Carefree, Playtex, Banana Boat, and Hawaiian Tropic, are designed to help consumers feel confident and cared for in their daily lives.
Core Business Segments
The company's operations are primarily organized into three main segments:
- Wet Shave: Providing men's and women's shaving systems, disposable razors, and shave preparations that blend performance with comfort.
- Sun and Skin Care: Offering an array of sun care products along with skin care solutions that address protection and maintenance, emphasizing both efficacy and innovation.
- Feminine Care: Featuring a comprehensive range of products that support women throughout their daily routines, including tampons, pads, and liners.
Global Reach and Market Presence
With a global team of over 6,000 professionals and a presence in more than 50 countries, Edgewell persists in evolving personal care to suit diverse consumer needs. Although the majority of its revenue is generated in the United States, the company’s strategic initiatives in international markets have fostered robust growth. Its diverse brand portfolio not only meets varied consumer preferences but also reinforces the company’s reputation for reliability, innovation, and quality.
Product Philosophy and Innovation
Edgewell’s approach is centered on making everyday moments easier and more memorable. The company invests in product innovation that balances technical performance with user-centric design. Whether preparing for a special occasion or handling day-to-day grooming, Edgewell focuses on crafting products that are both inspired and personal. Its commitment to re-imagining personal care is reflected in continuous product improvements and strategic brand campaigns that resonate with consumers seeking both quality and trustworthiness.
Competitive Landscape and Differentiation
Operating in a highly competitive consumer goods sector, Edgewell differentiates itself through a strong portfolio of legacy and contemporary brands with specialized market expertise. The company's ability to adapt to changing customer dynamics, coupled with a commitment to cost productivity and strategic revenue management, positions it as a knowledgeable and reliable advisor in personal care. This detailed brand management and market-focused strategy allow Edgewell to sustain its standing amid competitive industry challenges.
Commitment to Quality and Consumer Trust
At its core, Edgewell Pers Care Co prioritizes product quality, personal empowerment, and consumer trust. Every product is meticulously developed to ensure that families and individuals can depend on the performance and safety of the personal care items they purchase. By re-imagining everyday care, the company creates moments that matter—from the quiet confidence of a well-executed shave to the comprehensive protection afforded by its feminine care products.
In Summary
Edgewell Pers Care Co stands as a stalwart in the personal care industry, merging heritage with modern innovation to serve a global customer base. Its extensive brand portfolio, focus on quality, and commitment to redefining personal care make it a significant player in the competitive consumer products landscape. For investors and market observers, understanding Edgewell’s operational strategy and brand legacy offers key insights into its sustained relevance and market impact.
Edgewell Personal Care Company (NYSE: EPC) announced a virtual-only format for its Annual Meeting of Shareholders on February 4, 2022, at 8:30 a.m. EST, due to COVID-19 concerns. Shareholders eligible to vote are those recorded by the close of business on November 29, 2021. Participants can access the meeting via www.virtualshareholdermeeting.com/EPC2022. Proxy cards will not be updated for the virtual format, but previously distributed ones can still be used for voting.
Billie Inc is set to expand its market presence by launching its products at Walmart locations nationwide, starting February 2022. This marks Billie's first foray into retail, having previously focused on digital sales since its 2017 launch. The partnership will make Billie's popular shave products, including the Billie Starter Kit and Lavender Whipped Shaving Cream, available to millions of consumers. Co-founder Georgina Gooley expressed excitement about the collaboration, highlighting the brand's mission to provide quality products at accessible prices.
Edgewell Personal Care Company [NYSE: EPC] announced the appointment of Priscilla Kasenchak as Chief Accounting Officer (CAO). Mrs. Kasenchak previously served in the same role at the Bountiful Company and has extensive consumer industry experience, known for developing high-performing teams. She will be based in Shelton, Connecticut, and report to Chief Financial Officer Dan Sullivan. Edgewell, a leading consumer products company, operates in over 50 markets with brand names like Schick®, Playtex®, and Banana Boat®.
On December 21, 2021, Edgewell Personal Care Company (NYSE: EPC) announced its commitment to climate change and transparency by disclosing its environmental performance through CDP, its first year participating. The company aims to reduce GHG emissions by 50% by 2030 compared to 2019 levels and to achieve carbon neutrality across its operations by the same year. Edgewell received a B- rating from CDP, reflecting its commitment to environmental stewardship. Over 75% of the S&P 500 disclose through CDP, highlighting the demand for transparency from investors and policymakers.
Edgewell Personal Care Company (NYSE: EPC) has announced stock options and restricted stock units grants to Billie, Inc.'s co-founders, totaling 90,000 and 70,657 Edgewell shares, respectively. The grants vest in increments from December 2022 to December 2024, tied to continued employment. This is part of Edgewell's strategic acquisition of Billie, which enhances its position in the women's shaving market alongside brands like Schick and Skintimate. Additionally, an equity award program for Billie employees will cover 36,055 shares, supporting further integration and talent retention.
Edgewell Personal Care Company (NYSE: EPC) has acquired Billie Inc., a U.S.-based brand known for women’s personal care products, in an all-cash deal valued at $310 million, subject to adjustments. The acquisition enhances Edgewell's footprint in the women’s shaving market, complementing established brands like Schick and Skintimate. Billie, founded in 2017, is expected to boost Edgewell's digital capabilities and market presence. The transaction is anticipated to positively impact Edgewell's adjusted cash earnings per share in fiscal 2022 and was financed through available cash and revolver capacity.
Edgewell Personal Care Company (NYSE: EPC) has announced its upcoming participation in two key investor conferences. The first is the Morgan Stanley Global Consumer & Retail Conference on November 30, 2021, featuring presentations by Rod Little, President and CEO, and Dan Sullivan, CFO, scheduled for 8:00 AM ET. The second is the BofA Securities 2021 Leveraged Finance Conference on December 2, 2021, with Dan Sullivan presenting at 7:30 AM ET. Interested parties can access the live webcasts through Edgewell's website, with replays available post-event.
On November 18, 2021, Edgewell Personal Care Company (NYSE: EPC) announced an enhanced climate commitment under its Sustainable Care 2030 strategy. The company aims to cut its absolute greenhouse gas (GHG) emissions by 50% by 2030 compared to 2019 levels, a significant increase from its prior 10% reduction goal. Edgewell also seeks to achieve carbon neutrality across its global operations during the same period. In addition, the company is focusing on sustainable product innovation and reducing waste, with ambitious targets for recycled materials in its packaging.
Edgewell Personal Care Company (NYSE: EPC) reported fourth quarter 2021 net sales of $543.2 million, up 11.1% year-over-year, and full-year sales of $2,087.3 million, a 7.1% increase. Fourth quarter GAAP EPS was $0.80, while adjusted EPS was $1.01. The company ended the quarter with $479.2 million in cash and a net debt leverage ratio of 2.1. For fiscal 2022, the company expects low-single-digit growth in net sales and adjusted EPS between $2.98 and $3.26, despite anticipated challenges from supply chain disruptions and inflation.