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) 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.
Edgewell Personal Care Company (NYSE: EPC) will announce its fourth quarter and fiscal year 2021 financial results on November 11, 2021, before the market opens. An investor conference call will follow at 8:00 a.m. ET on the same day, featuring President and CEO Rod Little and CFO Dan Sullivan. The event will be available via live webcast, with a replay accessible later on their website. Edgewell operates in over 50 markets globally, with a diverse portfolio of established brands, including Schick® and Banana Boat®.
Edgewell Personal Care Company (NYSE: EPC) will present at the Barclays Global Consumer Staples Virtual Conference on September 9, 2021, at 4:00 P.M ET. The presentation will feature Rod Little, President and CEO, and Dan Sullivan, CFO. Interested parties can access the live webcast via www.edgewell.com under the "Investors" and "News and Events" sections. A replay will also be available if you cannot attend the live event.
Edgewell Personal Care Company (NYSE: EPC) reported robust financial results for Q3 2021, with net sales reaching $573.7 million, an 18.6% increase year-over-year. Organic net sales rose 12.5%. GAAP diluted EPS surged to $0.74, up from $0.09 a year earlier, while adjusted EPS climbed to $0.89, compared to $0.66. The company declared a quarterly cash dividend of $0.15 per share and improved its annual EPS and EBITDA outlook. Effective cost-management initiatives under Project Fuel delivered $19 million in gross savings during the quarter.
Edgewell Personal Care Company (EPC) will announce its financial results for the third quarter of fiscal year 2021 on August 5, 2021, before market opening. A conference call will be held on the same day at 8:00 a.m. Eastern Time, featuring President and CEO Rod Little and CFO Dan Sullivan. The event will be accessible via webcast on the company's website. Edgewell operates in over 50 markets globally, offering a diverse range of consumer products under well-known brands.
On June 24, 2021, Banana Boat® launched the 'Pedal for Our Planet' challenge, promoting outdoor activity and environmental responsibility. The initiative, in partnership with Strava, encourages families to bike and track their miles to earn donations for the Captain Planet Foundation, up to $20,000. Each ten miles logged will yield a $10 donation. The challenge runs from June 24 to July 7, 2021, available nationwide without purchase. This campaign emphasizes Banana Boat's commitment to sun safety while fostering community engagement in environmental causes.
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