SHELTON, Conn., May 9, 2024 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced that Rod Little, President and CEO and Dan Sullivan, CFO, President-Europe and LATAM will participate in a fireside chat at the Goldman Sachs Global Staples Forum in New York, NY on Tuesday May 14, 2024, at 11:00 A.M. ET.  All interested parties may access a live webcast of these events at www.edgewell.com, under "Investors," and "News and Events" tabs or by using the following link:   http://ir.edgewell.c ...

For the transition period from _______________ to _______________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-Q _______________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-15401 ____________________________________ ...

Financial Data and Key Metrics Changes - The company reported a 19% year-over-year growth in adjusted EBITDA and over 50% growth in adjusted earnings per share, both exceeding expectations [34] - Adjusted gross margin increased by 320 basis points, driven by productivity savings and price management strategies [44][47] - Adjusted EPS was $0.88 compared to $0.56 in the prior year, with currency movements having an unfavorable impact of approximately $0.02 per share [45] Business Line Data and Key Metrics Changes - Organic net sales growth was 0.1%, with strong performance in international markets and double-digit growth in Sun Care and Grooming offset by declines in North America Wet Shave and Fem Care [40] - Grooming organic net sales increased over 18%, led by over 26% growth in Cremo in the U.S. [17] - Wet Shave organic net sales were down 4.5%, with declines in men's and women's systems offset by slight growth in disposables [15] Market Data and Key Metrics Changes - North America organic net sales declined by 2.8%, with double-digit growth in Sun and Grooming offset by declines in Wet Shave and Fem Care [40] - International organic growth was just under 6%, driven by both price and volume gains, with notable growth in Japan and Europe [39][40] - The overall U.S. category consumption declined by 0.4%, a significant drop from the previous quarter's growth [39] Company Strategy and Development Direction - The company aims to return to pre-COVID level gross margins over time and is focused on executing productivity programs and investing in innovation across various product lines [34][11] - The strategy includes a focus on international markets, with expectations for continued growth in mid-single digits [64] - The company is also launching the Carefree master brand, which is expected to drive growth in the Fem Care category [67] Management's Comments on Operating Environment and Future Outlook - Management noted challenges in the drug channel due to declining foot traffic and competitive pressures, which are expected to continue impacting performance [25][50] - The company anticipates a more promotional environment in the second half of the year, which may affect margins but is confident in its ability to manage costs and maintain profitability [62][122] - The outlook for fiscal 2024 includes expectations for organic net sales growth in the range of 2% to 4%, with adjusted EBITDA projected between $348 million to $360 million [21][22] Other Important Information - The company returned $23.5 million to shareholders during the quarter through share repurchases and dividends [46] - The company is experiencing a shift in consumer behavior, with indications that consumers are using products longer due to economic pressures [57] - The company is leveraging advanced analytics to optimize advertising and promotional spending, focusing on ROI [106] Q&A Session Summary Question: Comments on shelf resets and drug channel recovery - Management indicated that delays in shelf resets are due to labor shortages and that the drug channel is expected to remain a drag on business in the coming quarters [50][67] Question: Early indications for Sun Care and inventory levels - Management expressed optimism about the Sun Care season, noting good distribution and inventory levels, but emphasized the need for favorable weather to drive consumption [52][81] Question: Outlook for North America versus international business - Management expects North America to grow at a lower rate than international markets, with a focus on maintaining profitability despite challenges [64] Question: Fem Care sales outlook and new launches - Management anticipates a recovery in Fem Care sales in the second half of the year, with new product launches expected to drive growth [89] Question: A&P spending levels and strategy - Management stated that A&P spending will be adjusted based on market conditions, with a focus on driving ROI and supporting new product launches [104][106]

For the quarter ended March 2024, Edgewell Personal Care (EPC) reported revenue of $599.4 million, up 0.2% over the same period last year. EPS came in at $0.88, compared to $0.56 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $608.59 million, representing a surprise of -1.51%. The company delivered an EPS surprise of +18.92%, with the consensus EPS estimate being $0.74.While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

Exhibit 99.1 Edgewell Personal Care Company 6 Research Drive Shelton, Conn 06484 FOR IMMEDIATE RELEASE Company Contact Chris Gough Vice President, Investor Relations 203-944-5706 Chris.Gough@Edgewell.com Edgewell Personal Care Announces Second Quarter Fiscal 2024 Results Net Sales increased 0.2%, or 0.1% Organic Significant Gross Margin Expansion GAAP EPS increased 95%, Adjusted EPS increased 57% Updates Full Year Outlook Shelton, Conn - May 8, 2024 - Edgewell Personal Care Company (NYSE: EPC) today announc ...

The upcoming report from Edgewell Personal Care (EPC) is expected to reveal quarterly earnings of $0.74 per share, indicating an increase of 32.1% compared to the year-ago period. Analysts forecast revenues of $608.59 million, representing an increase of 1.7% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its ea ...

Middle and High School Art Teachers Will Be Eligible for the Grand PrizeSHELTON, Conn., April 29, 2024 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) and the Dollar General Literacy Foundation (DGLF) announced the second annual Emerging Artist Contest, focused on educators for 2024. Middle and High School art teachers are encouraged to visit EmergingArtistProject.com to enter their original piece of artwork for consideration to win a one-time prize and the chance for their design to be featured ...

SHELTON, Conn., April 10, 2024 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) will report its financial results for the second quarter fiscal year 2024 before the market opens on May 8, 2024. Edgewell will discuss its results during an investor conference call that will be webcast on May 8, 2024, beginning at 8:00 a.m. Eastern Time. The call will be hosted by President and Chief Executive Officer Rod Little and Chief Financial Officer Dan Sullivan. All interested parties may access a live webcas ...

Investors might want to bet on Edgewell Personal Care (EPC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a c ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Edgewell Personal Care (EPC) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.Edgewell Personal Care is a member of the Consumer Staples sector. This group includes 194 individual stocks and currently holds a Zacks Sector Rank ...