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 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.
Edgewell Personal Care Company (EPC) is set to report its third-quarter fiscal year 2020 financial results on August 4, 2020, before the market opens. This will be followed by a conference call at 8:00 a.m. Eastern Time on the same day, hosted by CEO Rod Little and CFO Dan Sullivan. The call will be accessible via a live webcast on the company's website, ensuring that all stakeholders can stay informed about the company's performance.
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