Edgewell Personal Care(EPC)

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Edgewell Personal Care (EPC) Presents At Morgan Stanley Global Consumer And Retail Conference - Slideshow
2019-12-04 22:04
MORGAN STANLEY GLOBAL CONSUMER & RETAIL CONFERENCE DECEMBER 3, 2019 This presentation and some of our comments contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of Edgewell Personal Care Company ("Edgewell", "we" or "the Company") or any of our businesses. These statements are ...
Edgewell Personal Care(EPC) - 2019 Q4 - Earnings Call Transcript
2019-11-12 18:05
Financial Data and Key Metrics Changes - The company reported a net sales decrease of 4.2% for the full fiscal year, with a 3.4% decline on an organic basis [38] - GAAP diluted net earnings per share were $0.75 compared to $0.36 per share in the fourth quarter of fiscal 2018, while adjusted earnings per share were $0.86 compared to $1.11 in the prior year period [38][46] - Free cash flow for the fourth quarter was $74 million, up almost 23% versus the same quarter of last year [27] Business Line Data and Key Metrics Changes - Grooming and Sun and Skin Care segments saw higher volumes, but were offset by unfavorable price mix in Wet Shave, leading to a 1.7% decrease in net sales for the quarter [28] - International organic net sales grew 4.8% in the quarter, driven by Wet Shave and Sun and Skin Care [28] - Organic sales in North America decreased 5.1%, with Wet Shave stabilizing at a 1.7% decrease [29] Market Data and Key Metrics Changes - The U.S. razors and blades category decreased about 3% in the latest 12-week data, with the company's market share at 25.3%, down 40 basis points year-over-year [32][33] - In the Sun Care category, 12-week consumption increased 8.5%, but the company's share declined by approximately 110 basis points [34] Company Strategy and Development Direction - The company is focused on brand equity building and not on price competition, aiming for sustainable growth through investments in key brands and markets [62] - The pending combination with Harry's is seen as a transformative opportunity, expected to enhance capabilities and market position [16][18] - The company plans to increase advertising and promotional spending in 2020 to support brand growth [65] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stabilization of the business and improving trends in the second half of the fiscal year [10][39] - The outlook for 2020 includes flat to slightly down organic sales results, with expectations for gross margin stabilization and increased investments in growth initiatives [52][55] - Management acknowledged ongoing inflationary pressures but expects Project Fuel savings to help offset some costs [49][90] Other Important Information - The company generated $122 million in gross savings from Project Fuel, which will be reinvested in key brands and growth initiatives [11][49] - The company plans to divest its Infant and Pet Care businesses, with the sale of the Infant Care business expected to close for $122.5 million [15][16] Q&A Session Summary Question: Stability in Men's Grooming Category - Management noted that the Men's and Women's grooming categories have stabilized compared to a year ago, with the market showing slight growth [59] Question: Investment Risks - Management emphasized that the focus will be on brand equity building rather than price competition, aiming for long-term benefits from increased investments [62] Question: Fem Care Improvement - Management remains confident in improving trends for Fem Care, despite some inventory and promotional challenges in Q4 [63] Question: A&P Spending - Management indicated that the increase in A&P spending is a strategic move to support brand building, with visibility on returns expected to improve [65] Question: Long-term Targets - Management confirmed that they stand by their long-term targets, with adjustments to be made post-closing of the Infant and Pet Care divestiture [68] Question: Sun and Skin Care Profitability - Management expressed optimism about growth in the Sun and Skin Care segments, particularly in Men's Skin Care, and highlighted ongoing innovation efforts [97]
Edgewell Personal Care(EPC) - 2019 Q3 - Earnings Call Transcript
2019-08-11 05:59
Edgewell Personal Care (NYSE:EPC) Q3 2019 Earnings Conference Call August 6, 2019 8:00 AM ET Company Participants Chris Gough - Vice President, Investor Relations Rod Little - President and Chief Executive Officer Dan Sullivan - Chief Financial Officer Conference Call Participants Steve Strycula - UBS Bill Chappell - SunTrust Ali Dibadj - Bernstein Bonnie Herzog - Wells Fargo Faiza Alwy - Deutsche Bank Olivia Tong - Bank of America Kevin Grundy - Jefferies Operator Good day, ladies and gentlemen and welcome ...
Edgewell Personal Care(EPC) - 2019 Q2 - Earnings Call Transcript
2019-05-11 03:10
Edgewell Personal Care Company (NYSE:EPC) Q2 2019 Earnings Conference Call May 9, 2019 8:00 AM ET Company Participants Chris Gough - VP, IR Rod Little - Chairman, President & CEO Dan Sullivan - CFO Andy Katz Mayfield - Co-Founder Jeff Raider - Co-Founder Conference Call Participants Wendy Nicholson - Citigroup Bonnie Lee Herzog - Wells Fargo Ali Dibadj - Bernstein Nik Modi - RBC Capital Markets Bill Chappell - SunTrust Olivia Tong - Bank of America Faiza Alwy - Deutsche Bank Kevin Grundy - Jefferies Operato ...
Edgewell Personal Care To Acquire Harry's For $1.37B - Slideshow
2019-05-10 18:15
+ 1 CREATING A NEXT GENERATION CONSUMER PRODUCTS PLATFORM This presentation and some of our comments contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of Edgewell Personal Care Company ("Edgewell", "we" or "our Company") or any of our businesses. These statements are not based ...
Edgewell Personal Care(EPC) - 2019 Q1 - Earnings Call Transcript
2019-02-07 20:10
Edgewell Personal Care (NYSE:EPC) Q1 2019 Earnings Conference Call February 7, 2019 10:00 AM ET Company Participants Chris Gough – Vice President-Investor Relations David Hatfield – Chairman, President and Chief Executive Officer Rod Little – Chief Financial Officer Conference Call Participants Jason English – Goldman Sachs Nik Modi – RBC Capital Markets Ali Dibadj – Bernstein Wendy Nicholson – Citi Bill Chappell – SunTrust Faiza Alwy – Deutsche Bank Steve Strycula – UBS Kate Grafstein – Barclays Olivia Ton ...