Edgewell Pers Care Co Stock Price, News & Analysis

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.

Edgewell Personal Care Company (NYSE: EPC) announced its participation in two virtual investor conferences. Rod Little, President and CEO, and Dan Sullivan, CFO, will present at the Goldman Sachs Global Staples Forum on May 18, 2021, at 8:50 AM ET, and at the RBC Capital Markets Global Consumer and Retail Conference on June 2, 2021, at 8:40 AM ET. Investors can access live webcasts via the company's website, with replays available for those unable to attend live.

Edgewell Personal Care Company (NYSE: EPC) reported Q2 2021 net sales of $519.3 million, a 0.7% decline year-over-year. Organic net sales fell by 5.6%, influenced by COVID-19 effects and prior year pantry loading. GAAP EPS decreased to $0.26 from $0.36, while adjusted EPS was $0.70 compared to $0.92. The company holds $282 million in cash and a net debt leverage ratio of 3.0. A cash dividend of $0.15 per share was declared. Edgewell anticipates mid-single-digit sales growth for fiscal 2021, including the benefits from acquisitions and currency translation.

Edgewell Personal Care Company (EPC) will announce its financial results for the second quarter of fiscal year 2021 on May 6, 2021, prior to market opening. An investor conference call will follow at 8:00 a.m. Eastern Time on the same day. The call will be led by President and CEO Rod Little and CFO Dan Sullivan. Interested parties can access the live webcast via their website. Edgewell is a diversified consumer products company known for brands like Schick® and Playtex® and operates in over 50 markets worldwide.

Edgewell Personal Care (NYSE: EPC) announced a significant milestone in its Sustainable Care 2030 strategy, introducing disposable razors with handles made from up to 100% post-consumer recycled (PCR) plastic. This initiative includes the Schick® Xtreme 3® and Skintimate® razors. The company also launched a new U.S. recycling program for its razors, allowing consumers to send back used products for recycling. Edgewell aims to reduce virgin petroleum-based plastic in its disposable razors by 50% by 2030, promoting sustainability without sacrificing product quality or cost.

Edgewell Personal Care Company (NYSE: EPC) has announced a private offering of unsecured notes totaling $500 million, maturing on April 1, 2029, with a 4.125% interest rate. The offering, which closes on March 8, 2021, will be used to redeem existing 4.700% Senior Notes due 2022. The notes will be guaranteed by the company's wholly owned domestic subsidiaries and will only be offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.