Edgewell Personal Care Co - EPC STOCK NEWS

Edgewell Personal Care Company (EPC) will present at the 45th Annual Raymond James Institutional Investors Conference. Rod Little, President and CEO, and Dan Sullivan, CFO, President-Europe and LATAM, will be presenting. Interested parties can access the live webcast on the company's website.

Edgewell Personal Care Company (EPC) appoints John Dunham as Chief Accounting Officer (CAO) with extensive experience in operational accounting and regulatory compliance. Mr. Dunham's background includes roles at Whirlpool Corporation and PricewaterhouseCoopers, bringing a wealth of knowledge to the Edgewell team.

Edgewell Personal Care Company (EPC) ranked #2 out of 400 companies on Forbes' list of America's Best Midsize Employers. This recognition highlights Edgewell's commitment to prioritizing its employees' well-being and fostering a positive and supportive work culture.

Edgewell Personal Care Company (EPC) reported a 4.2% increase in net sales, with organic net sales increasing by 3.1%. The company's GAAP diluted net earnings per share were $0.09, compared to $0.24 in the prior year quarter. Adjusted EPS were $0.24, compared to $0.32 in the prior year quarter. The company ended the first quarter with $214.2 million in cash on hand and access to an additional $206.6 million revolving credit facility. Edgewell returned $22.6 million to shareholders in the form of share repurchases and dividends in the first quarter. The company also declared a cash dividend of $0.15 per common share for the first quarter. The first fiscal quarter of 2024 saw an increase in net sales across all segments, with notable growth in international markets. However, net sales decreased in North America. The company's operating income and adjusted operating margin decreased compared to the prior year quarter. The effective tax rate for the first quarter of fiscal 2024 was 20.1%, down from 27.0% in the prior year period. Edgewell provided a financial outlook for fiscal 2024, expecting an increase in reported and organic net sales, with adjusted EPS in the range of $2.65 to $2.85. The company is also taking specific actions to strengthen its operating model, simplify the organization, and improve manufacturing and supply chain efficiency through restructuring and re-positioning actions.

Edgewell Personal Care Company (EPC) will report its financial results for the first quarter fiscal year 2024 on February 7, 2024. The investor conference call will be hosted by President and CEO Rod Little and CFO Dan Sullivan. Interested parties can access the live webcast at www.edgewell.com or the replay on the same website.

Edgewell Personal Care Company (NYSE: EPC) achieves its highest ranking at 19 out of 500 total companies on Newsweek's Most Responsible Companies list for the fifth consecutive year. The company's Sustainable Care 2030 strategy and FY22 Sustainability Report contribute to its recognition for environmental impact reduction, social responsibility, and corporate governance.

Edgewell Personal Care Company (EPC) partners with the American Red Cross to support disaster relief and international services through ongoing donations. The partnership aims to provide immediate response to all sizes of disasters, from wildfires to home fires, ensuring assistance to those in need regardless of income or cost. The collaboration is part of Edgewell's Sustainable Care 2030 strategy to extend its positive community impact.

Edgewell Personal Care Company (NYSE: EPC) and the Dollar General Literacy Foundation (DGLF) have announced the winner of the first Emerging Artist Contest, Stephanie Saunders. The contest aimed to elevate the creative expression of young artists, with the winner receiving a $10,000 tuition scholarship and having their design featured on Schick Intuition Pure Nourishment packaging at Dollar General stores nationwide. The winner's artwork, chosen by judge Reyna Noriega, displayed different women with different skin tones and body types, reflecting a feeling of community amongst women and aligning with the brand's image and purpose. Edgewell's CEO, Rod Little, expressed the program's alignment with the company's values and purpose, emphasizing the meaningful impact on the winner's future ambitions and the partnership with the Dollar General Literacy Foundation. The Foundation's executive director, Denine Torr, highlighted the Foundation's commitment to championing education initiatives, investing in literacy programs, and supporting more than 19.6 million people in achieving their goals.

Edgewell Personal Care Company (NYSE: EPC) announced its Q4 2023 and fiscal year 2023 results, reporting a 3.7% increase in net sales and a 4.3% increase in organic net sales. The company returned $107 million to shareholders and initiated a fiscal 2024 outlook for growth in organic net sales, adjusted EPS, and adjusted EBITDA.