Welcome to our dedicated page for Edgewell Pers Care news (Ticker: EPC), a resource for investors and traders seeking the latest updates and insights on Edgewell Pers Care stock.
Edgewell Personal Care Company reports news around a focused personal-care portfolio of shaving, sun and skin care, grooming and personal-wipe brands. Its brand roster includes Schick, Wilkinson Sword, Billie, Edge, Skintimate, Banana Boat, Hawaiian Tropic, Bulldog, Jack Black, Cremo and Wet Ones, with operations in more than 50 markets.
Recurring updates include fiscal earnings, organic sales and adjusted profit measures, cash flow and leverage commentary, restructuring and cost-efficiency programs, product marketing for Schick and Skintimate, and sustainability initiatives such as disposable-razor recycling. Company news also reflects the completed sale of the Feminine Care business and the resulting discontinued-operations presentation.
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.
Edgewell Personal Care Company (NYSE: EPC) announced a proposed private offering of $500 million in unsecured, unsubordinated notes due 2029, subject to market conditions. The proceeds will be utilized to redeem existing 4.700% Senior Notes due 2022. This offering will target 'qualified institutional buyers' and non-U.S. persons outside the United States. Edgewell emphasized that the press release does not constitute a notice of redemption for the 2022 Notes.
Edgewell Personal Care Company (NYSE: EPC) reported first fiscal quarter 2021 results with net sales of $451.1 million, down 0.6% year-over-year. GAAP EPS fell to $0.32 from $0.41 in the prior year, while adjusted EPS decreased to $0.43 from $0.55. The company held $281 million in cash and a net debt leverage ratio of 2.9 times. A quarterly dividend of $0.15 per share was declared. Project Fuel is expected to generate $265 to $275 million in savings by fiscal year-end. Despite COVID-19 challenges, performance in categories like Wet Ones and Men's Grooming showed positive trends.
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.