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 (EPC) is set to report its financial results for Q1 FY 2021 before market opening on February 9, 2021. The company will hold an investor conference call to discuss the results, starting at 8:00 a.m. ET on the same day. The call will be hosted by Rod Little, President and CEO, and Dan Sullivan, CFO. Interested parties can access the live webcast via the Edgewell website, with a replay available post-event.
Edgewell Personal Care Company (NYSE: EPC) announced its involvement in two upcoming virtual investor conferences. The first is the Bank of America 2020 Leveraged Finance Virtual Conference on December 1, 2020, featuring CFO Dan Sullivan at 8:15 AM ET. The second event is the Morgan Stanley Virtual Global Consumer & Retail Conference on December 2, 2020, with presentations by President & CEO Rod Little and CFO Dan Sullivan at 10:00 AM ET. Interested parties can access live webcasts on their official website under the 'Investors' tab.
On November 20, 2020, Edgewell Personal Care Company (NYSE: EPC) held its Virtual Investor Day, presenting a comprehensive growth strategy aimed at driving sustainable profits and shareholder value. Key strategic priorities include expanding into growth categories, fostering brand loyalty through consumer-driven innovation, and enhancing partnerships with retailers. The long-term financial outlook features projected organic net sales growth of 2-3% and a quarterly dividend of $0.15 per share, payable January 6, 2021. The company emphasizes disciplined capital allocation and targets over 100% free cash flow conversion.
Edgewell Personal Care Company (NYSE: EPC) reported a 7.4% decline in net sales for Q4 2020, totaling $488.8 million, with full-year sales down 8.9% at $1.95 billion. Organic sales decreased 3.5% in Q4 and 4.4% for the year. The GAAP EPS for Q4 was $0.38, with adjusted EPS at $0.59. The company generated $233 million in cash from operating activities and ended Q4 with $365 million in cash on hand. Looking ahead, they forecast mid-single-digit sales growth for fiscal 2021 and project significant savings from their Project Fuel initiative.
Edgewell Personal Care Company (NYSE: EPC) will host a Virtual Investor Day on November 20, 2020, at 9:00 a.m. ET, led by President and CEO Rod Little and the executive leadership team. The event aims to unveil a comprehensive strategy focused on driving sustainable growth and enhancing shareholder value. Participants can access a live webcast of the meeting on Edgewell’s investor relations website, which will also be available for later viewing. Edgewell is a leading consumer products company with a diverse portfolio, operating in over 50 markets globally.
Edgewell Personal Care Company (EPC) will release its fourth quarter and fiscal year 2020 financial results on November 12, 2020, before market opens. The results will be discussed in a webcast conference call starting at 8:00 a.m. Eastern Time, led by President and CEO Rod Little and CFO Dan Sullivan. Interested parties can access the call via the Edgewell website. The company is recognized for its extensive portfolio, including brands like Schick, Playtex, and Banana Boat, and operates in over 50 global markets.
Edgewell Personal Care Company (NYSE: EPC) has completed the acquisition of CREMO, a leading men's grooming brand in the U.S., following the Federal Trade Commission's approval on August 26, 2020. CEO Rod Little emphasized the strategic importance of the acquisition, stating it will enhance growth and strengthen Edgewell's presence in the rapidly expanding men's grooming market. Edgewell's product portfolio includes well-known brands like Schick and Playtex, operating in over 50 global markets.
Edgewell Personal Care Company (NYSE: EPC) has appointed Swan Sit to its Board of Directors effective September 2, 2020, expanding the board to twelve members. John Hunter, Chairman, expressed enthusiasm for Swan's significant digital marketing expertise, which is expected to enhance Edgewell's strategic execution. CEO Rod Little highlighted her relevant background, particularly in digital commerce and marketing, as crucial for the company’s innovation and growth. Swan Sit has a notable track record at Nike, Revlon, and The Estée Lauder Companies, and her appointment aims to drive sustainable value creation.
Edgewell Personal Care Company (NYSE: EPC) has announced its plan to acquire men's grooming brand CREMO for $235 million in cash. This acquisition aligns with Edgewell's growth strategy, enhancing its portfolio of brands, which includes Jack Black and Bulldog. CREMO, known for its fast-growing product lines, presents opportunities for channel and geographic expansion. The transaction, expected to close by the end of Q1 fiscal 2021, aims to strengthen Edgewell's position in the lucrative men's grooming market.
Edgewell Personal Care Company (NYSE: EPC) reported a 20.6% decline in net sales for Q3 fiscal 2020, totaling $483.9 million, largely due to COVID-19 impacts. Organic sales fell 14.7%, with significant drops in Wet Shave and Sun Care categories. Despite challenges, adjusted EPS was $0.66, down from $1.11 a year prior. The company maintains a strong cash position of $512 million and issued $750 million in senior notes. An acquisition of CREMO for $235 million aligns with growth strategies. Project Fuel expects $225-$240 million in savings by FY2021.