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.
Edgewell Personal Care Company (NYSE: EPC) generates a steady flow of news tied to its role as a pure-play personal care manufacturer with a diversified portfolio of consumer brands. This news page aggregates coverage of Edgewell’s announcements so investors and followers of the EPC stock symbol can review company communications in one place.
Recent Edgewell news has focused on quarterly and annual earnings results, strategic portfolio moves and investor outreach. The company regularly issues press releases and hosts webcasts to discuss financial performance for its fiscal quarters and year, providing segment-level commentary on its Wet Shave, Sun and Skin Care and Feminine Care businesses. These events are typically accompanied by conference calls that management makes available via webcast.
Another important news theme is portfolio transformation. Edgewell has announced a definitive agreement to sell its Feminine Care business, which includes the Playtex, Stayfree, Carefree and o.b. brands, to Essity. Company statements describe this transaction as a pivotal step in sharpening Edgewell’s focus on categories where it believes it has clear competitive advantages, namely shave, sun and skin care, and grooming.
Edgewell’s news flow also highlights sustainability and brand initiatives. For example, Schick and Skintimate, two of its flagship shave brands, have launched a free recycling program with TerraCycle for disposable razors and associated plastic packaging in the continental U.S. The company also communicates organizational updates, such as changes in senior leadership and the introduction of a regional hub structure designed to streamline operations and enhance efficiency.
Visitors to this page can review historical and recent EPC news items, including earnings releases, webcasts, conference participation announcements, strategic transactions and sustainability programs, to better understand how management is positioning Edgewell’s global portfolio of shave, sun and skin care, grooming, moist wipes and feminine care brands.
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.
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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.