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 (NYSE: EPC) announced the appointment of Robert Schmidt as Chief Accounting Officer, effective December 16, 2022. Based in Shelton, Connecticut, Mr. Schmidt brings over 20 years of experience from companies like ADC Therapeutics and Newell Brands. CFO Dan Sullivan expressed confidence in Schmidt's ability to contribute to the company’s strategic priorities with his extensive expertise.
Edgewell is recognized for brands like Schick®, Billie®, and Banana Boat®, operating in more than 50 markets globally.
Edgewell Personal Care Company (NYSE: EPC) has rebranded its Private Label business unit to Edgewell Custom Brands, reflecting its commitment to modernize and better serve retailers and disruptors. The newly launched website, EdgewellCustomBrands.com, emphasizes a strong partnership approach. The company aims to operate sustainably, moving away from controversial ingredients and focusing on quality and innovation in its product offerings.
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Edgewell Personal Care Company (EPC) reported a 4.0% increase in net sales for fiscal year 2022, totaling $2.17 billion, despite a 1.2% decline in Q4 sales. Organic net sales grew 3.9% for the year. The company returned $158 million to shareholders through dividends and buybacks. For fiscal 2023, Edgewell projects 3% to 5% growth in organic net sales, while adjusted EPS is expected to decline by 7%. The firm maintained a strong cash position with $188.7 million on hand and a 3.6 debt leverage ratio.
Edgewell Personal Care Company (NYSE: EPC) will announce its fourth quarter and fiscal year 2022 financial results on November 10, 2022, before market open. The company will host an investor conference call at 8:00 a.m. Eastern Time on the same day, led by President and CEO Rod Little and CFO Dan Sullivan. Interested parties can access the live webcast on the company's investor relations page. Edgewell operates a diversified portfolio of well-known brands in various consumer product categories and has a global presence in over 50 markets.
Edgewell Personal Care Company (NYSE: EPC) has announced organizational changes to enhance its leadership structure in light of Nick Powell's planned departure as President International. Effective October 1, 2022, Dan Sullivan will expand his role as Chief Financial Officer to also serve as President for Europe and Latin America. CEO Rod Little will take charge of Japan and Greater China. These changes aim to improve agility and support sustainable growth in key markets while maintaining focus on North America. Sullivan's promotion reflects his integral role in shaping the company's strategy.
Edgewell Personal Care Company (NYSE: EPC) reported Q3 2022 net sales of $623.8 million, marking an 8.7% increase year-over-year, with organic sales growth of 9.0%. GAAP EPS were $0.57, down from $0.74, while adjusted EPS was $0.86, compared to $0.89 last year. The company ended the quarter with $182 million in cash and a net debt leverage ratio of 3.5x. The board declared a cash dividend of $0.15 per share. Full-year 2022 guidance reflects a projected 4% net sales increase and adjusted EPS range lowered to $2.50-$2.60, citing currency impacts and costs from acquisitions.
Edgewell Personal Care Company (NYSE: EPC) will release its third quarter fiscal year 2022 financial results on August 4, 2022, prior to market opening. The results will be discussed in a conference call hosted by President and CEO Rod Little and CFO Dan Sullivan at 8:00 a.m. ET on the same day. Interested parties can access the live webcast through the company's website, with a replay available afterward. Edgewell boasts a diversified portfolio of brands across various consumer product categories, operating globally in over 50 markets with around 6,500 employees.
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Edgewell Personal Care Company (NYSE: EPC) has announced a partnership with the Arbor Day Foundation to plant over 8,350 trees globally to support reforestation and biodiversity. This effort aligns with its Sustainable Care 2030 strategy to combat climate change, aiming for a 50% reduction in greenhouse gas emissions by 2030. The trees will be planted in critical regions like the Andes, Florida, the UK, and Australia, reinforcing Edgewell's commitment to sustainability and honoring its employees' contributions.