Core Insights - Edgewell Personal Care Company reported a net sales decrease of 3.1% to $580.7 million for the second fiscal quarter of 2025, with organic net sales down 1.5% [5][13] - The gross margin increased by 100 basis points to 44.1%, despite a negative impact from foreign currency [6][12] - GAAP EPS decreased by $0.12 to $0.60, while adjusted EPS decreased by $0.01 to $0.87 [12][13] Financial Performance - Net sales were $580.7 million, a decrease of 3.1% compared to the prior year quarter, with organic net sales down 1.5% [5][13] - Gross profit was $256.2 million, compared to $258.1 million in the prior year quarter, with a gross margin of 44.1% [6][31] - Operating income was $58.9 million, or 10.1% of net sales, down from $70.1 million, or 11.7% of net sales in the prior year quarter [9][36] Segment Performance - Wet Shave segment net sales decreased by $7.6 million, or 2.6%, with organic net sales down 0.9% [16] - Sun and Skin Care segment net sales decreased by $4.7 million, or 2.0%, with organic net sales down 0.1% [17] - Feminine Care segment net sales decreased by $6.4 million, or 9.1%, with minimal currency impact [18] Cost and Expenses - Advertising and sales promotion expenses increased to $65.5 million, or 11.3% of net sales, compared to 10.5% in the prior year quarter [7] - Selling, general and administrative expenses were $105.7 million, or 18.2% of net sales, slightly up from 17.9% in the prior year quarter [8] - The company incurred pre-tax restructuring and repositioning expenses of $12.2 million in the quarter [9] Cash Flow and Capital Allocation - Net cash used for operating activities was $70.5 million for the six months ending March 31, 2025, compared to cash flow provided by operating activities of $56.1 million in the prior year period [14] - The company returned $42.7 million to shareholders through share repurchases and dividends in the second quarter [13][15] Full Year Outlook - The company updated its full-year outlook, expecting organic net sales to be flat to 1%, down from a previous range of 1% to 3% [21] - GAAP EPS is now expected to be in the range of $2.09 to $2.29, down from $2.54 to $2.74 [21] - Adjusted EBITDA is expected to be in the range of $329 to $341 million, previously towards the lower end of the range of $356 to $368 million [21]

The upcoming report from Edgewell Personal Care (EPC) is expected to reveal quarterly earnings of $0.90 per share, indicating an increase of 2.3% compared to the year-ago period. Analysts forecast revenues of $590.67 million, representing a decrease of 1.5% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates duri ...

Group 1 - Edgewell Personal Care Company (NYSE: EPC) has been facing challenges recently, particularly in the personal care products sector, which includes razors and sun and skin care items [1] - The company operates in a competitive market, and its performance may be influenced by broader industry trends and consumer preferences [1] Group 2 - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and the potential for value and growth in these sectors [1] - Subscribers to Crude Value Insights gain access to a stock model account, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2]

Core Insights - During volatile markets, investors are increasingly turning to the consumer staples sector for stability, prioritizing essential products like food and hygiene items [1] - Familiar household brands play a significant role in consumer choices during uncertain times, providing a sense of comfort [1] Company Analysis: Edgewell Personal Care - Edgewell Personal Care's stock is currently priced at $30.13, with a 52-week range of $26.65 to $41.50 and a dividend yield of 1.99% [3] - The company reported fiscal Q1 2025 earnings with an EPS of $0.07, missing analyst estimates by $0.05, and revenues decreased by 2.1% year-over-year to $478.4 million, below the consensus estimate of $480.11 million [6] - Organic net sales fell by 1.3%, while international sales grew by 2% year-over-year, driven by gains in Wet Shave and Sun and Skincare categories [7] - A weaker U.S. dollar could potentially increase Edgewell's annual revenue by $40–$50 million, as 20% of its revenue comes from international sales [9][10] - The company has a strong private label business and holds over 2,000 global patents, with a 91% distribution of the top 50 global private-label shave retailers [4] Company Analysis: Kenvue - Kenvue, spun off from Johnson & Johnson in 2023, is known for major brands like Tylenol and Band-Aid, and its stock is currently priced at $22.70 with a dividend yield of 3.61% [11][14] - Kenvue's Q4 2024 earnings report showed an EPS of $0.26, in line with estimates, but revenues fell by 0.1% year-over-year to $3.55 billion, missing the consensus of $3.76 billion [15] - The company anticipates organic sales growth of 2% to 4% for 2025, despite a 3% headwind from foreign currency translation [19] - Kenvue is facing pressure from activist investors, which could lead to a breakup or acquisition, adding another layer of potential growth [20]

Core Viewpoint - Edgewell Personal Care Company is set to report its financial results for the second quarter of fiscal year 2025 on May 7, 2025, before market opening [1] Group 1: Financial Reporting - The financial results will be discussed during an investor conference call on May 7, 2025, starting at 8:00 a.m. Eastern Time [1] - The call will be hosted by key executives including President and CEO Rod Little, COO Dan Sullivan, and CFO Francesca Weissman [1] Group 2: Access to Information - Interested parties can access a live webcast of the conference call through the company's website under the "Investors" and "News and Events" sections [2] - A replay of the conference call will also be available for those unable to attend live, accessible via the "Financial Reports" and "Quarterly Earnings" sections on the website [2] Group 3: Company Overview - Edgewell is a leading consumer products company with a diversified portfolio of established brands, including Schick®, Wilkinson Sword®, Playtex®, and Banana Boat® [3] - The company operates in over 50 markets globally, including the U.S., Canada, Mexico, Germany, Japan, the U.K., and Australia, employing approximately 6,700 people worldwide [3]

Core Insights - CRB has been recognized as the Rockwell Automation Engineering, Procurement, and Construction (EPC) Partner of the Year, highlighting its commitment to delivering innovative solutions for life sciences and food and beverage sectors [1][3]. Company Overview - CRB is a leading provider of sustainable engineering, architecture, construction, consulting, and control systems integration solutions, serving the global life sciences and food and beverage industries from 20 offices across the United States, Canada, and Europe [5]. Partnership Impact - The partnership with Rockwell Automation enhances CRB's ability to address complex technical challenges through integrated solutions, demonstrating a shared vision and technical excellence [2][3]. - The collaboration allows for early design integration, accelerated implementation timelines, and improved project reliability and performance, ultimately benefiting clients [3][4]. Future Outlook - CRB aims to continue its partnership with Rockwell Automation, focusing on driving innovation and efficiency across various industries [4].

Group 1 - Edgewell Personal Care Company will participate in the 46th Annual Raymond James Institutional Investors Conference on March 3, 2025, at 7:30 A.M. ET [1] - Rod Little, President and CEO, and Dan Sullivan, COO, will represent Edgewell during the fireside chat [1] - A live webcast of the event will be accessible on Edgewell's website, with a replay available for those unable to attend live [2] Group 2 - Edgewell is a leading pure-play consumer products company with a diversified portfolio of established brands, including Schick®, Wilkinson Sword®, Playtex®, and Banana Boat® [2] - The company operates in over 50 markets globally, including the U.S., Canada, Mexico, Germany, Japan, the U.K., and Australia, employing approximately 6,800 people worldwide [2]

Financial Data and Key Metrics Changes - Organic net sales decreased by 1.3% compared to the previous year, aligning with expectations, while international growth was 2% driven by both price and volume gains [10][48] - Adjusted gross margin rate decreased by 60 basis points but increased approximately 80 basis points in constant currency, exceeding expectations [49] - Adjusted operating income was $27 million, down from approximately $36 million in the previous year [50] - GAAP diluted net earnings per share were a loss of $0.04 compared to earnings of $0.09 in the first quarter of fiscal 2024 [51] Business Line Data and Key Metrics Changes - Wet shave organic net sales were down 1.3%, with international wet shave growing 3% due to price and volume gains [37] - Sun and skincare organic net sales increased approximately 5%, driven by double-digit growth in skin and grooming [39] - Grooming organic net sales increased by 13%, with Cremo brand achieving 20% organic net sales growth [40] - Femcare organic net sales were down approximately 12%, primarily due to the pads business [41] Market Data and Key Metrics Changes - International markets represented 40% of global business, with strong performance in sun care in Australia and Mexico [17] - The U.S. wet shave and fem care categories remain highly competitive and promotional, with no significant signs of purchasing hesitancy in international markets [15] - Consumption in the U.S. sun care category increased by about 1.6%, led by increased e-commerce sales [39] Company Strategy and Development Direction - The company is focused on operational performance, disciplined investments, and managing costs to drive growth [11] - A commitment to a consumer-centric, locally driven new product development model is emphasized, with a focus on innovation [18] - The company aims to maintain brand investments despite external challenges, ensuring continued support for brand activation [92] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing transformation of the business and the resilience of consumer sentiment [12][14] - The macro environment remains challenging, particularly due to currency fluctuations, but the company expects to deliver within previously provided outlook ranges [11][55] - Management anticipates sequential improvement in North American results and continued strength in international markets [104] Other Important Information - The company reported net cash used by operating activities of $115.6 million for the quarter, compared to $72.9 million in the prior year [53] - Share repurchases totaled $30 million, and a cash dividend of $0.15 per share was declared for the first quarter [54] Q&A Session Summary Question: Concerns about femcare sales and brand consolidation - Management acknowledged challenges in the femcare category, particularly with pads, but noted progress in transitioning consumers to the Carefree brand [63][64] Question: Context on businesses with negative performance - Management indicated that improvements are expected in the second half of the year as they lap previous supply chain issues [71][72] Question: Impact of FX on pricing strategies - Management confirmed that while FX headwinds are significant, they are evaluating pricing strategies but will not cut brand investments [89][92] Question: Performance of Billy Body and national expansion plans - Management expressed confidence in the Billy brand's performance and its national expansion, particularly with strong retailer support [135][138]

Core Insights - Edgewell Personal Care (EPC) reported a revenue of $478.4 million for the quarter ended December 2024, reflecting a decrease of 2.2% year-over-year [1] - The earnings per share (EPS) for the quarter was $0.07, down from $0.24 in the same quarter last year, indicating a significant decline [1] - The reported revenue was below the Zacks Consensus Estimate of $480.06 million by 0.35%, and the EPS fell short of the consensus estimate of $0.13 by 46.15% [1] Financial Performance Metrics - Net Sales in Feminine Care were $63.30 million, which is 11.8% lower than the year-ago quarter and below the average estimate of $69.21 million [4] - Net Sales in Wet Shave reached $294.50 million, slightly below the estimated $295.40 million, representing a 2.4% decline year-over-year [4] - Net Sales in Sun and Skin Care amounted to $120.60 million, exceeding the average estimate of $115.41 million, and showing a year-over-year increase of 4.5% [4] Stock Performance - Over the past month, shares of Edgewell Personal have returned +0.3%, compared to a +2.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Financial Performance - Net sales for the first quarter of fiscal 2025 decreased by $10.5 million, or 2.1%, to $478.4 million compared to the prior year quarter [104]. - Organic net sales decreased by $6.5 million, or 1.3%, with international markets growing by 2.0% driven by price and volume gains [104]. - Net (loss) earnings for the first quarter of fiscal 2025 were $(2.1) million, compared to $4.8 million in the prior year quarter [104]. - Adjusted net earnings for the first quarter of fiscal 2025 were $3.3 million, down from $12.0 million in the prior year quarter [104]. - Diluted net (loss) earnings per share were $(0.04) compared to $0.09 in the prior year quarter [104]. - Gross profit for the first quarter of fiscal 2025 was $191.6 million, a decrease of $6.1 million, or 3.1%, from the prior year quarter [107]. - Gross margin as a percentage of net sales decreased by 30 basis points to 40.1%, impacted by approximately 140 basis points of negative foreign currency [107]. - Adjusted gross margin as a percentage of net sales also decreased by 60 basis points to 40.1% due to increased promotional levels and core inflation [107]. Sales Performance by Segment - Organic sales in North America declined by 3.9%, primarily due to decreases in Wet Shave and Feminine Care [104]. - Wet Shave net sales decreased by $7.2 million, or 2.4%, to $294.5 million, with a 1.1% unfavorable currency impact [119]. - Sun and Skin Care net sales increased by $5.2 million, or 4.5%, to $120.6 million, with organic growth of 5.1% [121]. - Feminine Care net sales fell by $8.5 million, or 11.8%, to $63.3 million, with organic sales down 11.7% [124]. Expenses and Costs - SG&A expenses were $102.9 million, or 21.5% of net sales, in Q1 fiscal 2025, compared to $103.3 million, or 21.1% in the prior year [108]. - Advertising and sales promotion expenses increased by $2.1 million, or 4.4%, to $50.3 million, representing 10.5% of net sales, up from 9.9% in the prior year [109]. - R&D expenses rose to $13.9 million, an increase of $0.6 million, or 4.5%, accounting for 2.9% of net sales, compared to 2.7% in the prior year [110]. Debt and Financing - Interest expense associated with debt decreased by $1.0 million, or 5.1%, to $18.8 million due to a lower overall debt balance [113]. - Total borrowings increased to $1,476.2 million as of December 31, 2024, from $1,308.5 million at the end of September 2024 [131]. - Net cash provided by financing activities was $109.9 million in Q1 fiscal 2025, up from $69.8 million in the prior year period [138]. - Net borrowings under the Revolving Credit Facility were $165.0 million in Q1 fiscal 2025, compared to $91.0 million in the prior year period [138]. - As of December 31, 2024, outstanding borrowings under the Revolving Credit Facility were $199.0 million [143]. - Future minimum repayments of debt include $750.0 million in fiscal 2028 and $500.0 million in fiscal 2029 [143]. - Assuming a one-percent increase in interest rates, annual interest expense on variable-rate debt instruments would increase by approximately $2.3 million [148]. Cash Flow and Dividends - Cash flow used for operating activities was $115.6 million in Q1 fiscal 2025, up from $72.9 million in the prior year, driven by changes in net working capital [136]. - Dividend payments totaled $7.9 million in Q1 fiscal 2025, an increase from $7.6 million in the prior year period [138]. - Dividends declared during the three months ended December 31, 2024, totaled $7.1 million [142]. - A quarterly cash dividend of $0.15 per common share was declared for Q1 fiscal 2025, payable on April 9, 2025 [141]. - Share repurchases amounted to $30.3 million for 0.8 million shares in Q1 fiscal 2025, compared to $15.0 million in the prior year period [139]. Taxation - The effective tax rate for Q1 fiscal 2025 was (21.7)%, compared to 20.1% in the prior year, with an adjusted rate of 43.6% [115]. Currency Impact - The unfavorable impact from currency movements on net sales was $4.0 million, or 0.8% [106]. - As of December 31, 2024, the company had no open derivative or hedging instruments for future purchases of raw materials or commodities [148].