Financial Results Announcement - Edgewell Personal Care Company will report its financial results for the fourth quarter and fiscal year 2024 before the market opens on November 7, 2024 [1] - An investor conference call will be held on the same day at 8:00 a.m. Eastern Time, hosted by President and CEO Rod Little and CFO Dan Sullivan [1] Access to Webcast - Interested parties can access a live webcast of the conference call on Edgewell's website under the "Investors" and "News and Events" tabs [2] - A replay of the conference call will also be available for those unable to participate live [2] Company Overview - Edgewell is a leading pure-play 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 6,800 people worldwide [3]

Core Viewpoint - Edgewell Personal Care Company is considered a value investment opportunity despite mixed financial results, with a current rating of 'buy' due to its attractive stock price and potential for upside growth [1][17]. Financial Performance - For the third quarter of fiscal year 2024, Edgewell reported revenue of $647.8 million, a slight decline of 0.3% from $650 million in the previous year, primarily due to foreign currency fluctuations [2]. - Organic revenue actually grew by $4 million year-over-year, driven by a 6.1% increase in international markets, while North American sales fell by 2.4% due to lower volumes [2]. - Net income decreased from $53 million to $49 million, despite an increase in gross profit margin from 43.1% to 44.3% [4]. - Operating cash flow fell significantly from $166.4 million to $101.2 million, while EBITDA improved from $109.7 million to $117.2 million [5]. Historical Context - Edgewell experienced declining sales from 2014 to 2020, but began to improve in 2021 following a management plan focused on key growth opportunities [6]. - The Wet Shave segment saw revenue decline from $1.59 billion in 2014 to $1.16 billion in 2020, influenced by changing consumer preferences and the pandemic [10]. Segment Analysis - The Wet Shave segment accounted for 54.7% of total revenue in 2023, but has faced challenges, while the Sun and Skin Care segment has shown consistent growth since 2015 [11]. - The Sun and Skin Care operations benefited from organic growth of $142 million and acquisitions adding $97.4 million to revenue [11]. Market Trends - The global market for male-oriented sun and skin care products is projected to grow from $16 billion in 2023 to $29.6 billion by 2033, indicating a strong growth opportunity for Edgewell [11]. - The male grooming market in the U.S. was valued at $46.5 billion in 2022, with an expected annual growth rate of 8.3% from 2024 to 2030 [11]. Valuation Metrics - Management expects organic revenue growth of about 1% for the year, with adjusted earnings per share projected at $3, translating to net profits of $150.3 million [14]. - On a price-to-earnings basis, Edgewell appears fairly valued, but remains attractively priced relative to cash flows compared to similar companies [15]. Conclusion - Despite recent sales declines attributed to foreign currency issues, Edgewell's overall performance and market positioning suggest a positive outlook, justifying a 'soft buy' rating [17].

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metric ...

Edgewell Personal Care (EPC) has been on a downward spiral lately with significant selling pressure. After declining 8.9% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Guide to Identifying Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting wheth ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find ...

Edgewell Personal Care (EPC) reported $647.8 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 0.3%. EPS of $1.22 for the same period compares to $0.98 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $652.49 million, representing a surprise of -0.72%. The company delivered an EPS surprise of +20.79%, with the consensus EPS estimate being $1.01. While investors closely watch year-over-year changes in headline numbers -- revenue and earni ...

Edgewell Personal Care (EPC) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20.79%. A quarter ago, it was expected that this consumer products maker would post earnings of $0.74 per share when it actually produced earnings of $0.88, delivering a surprise of 18.92%. Over the last fou ...

Net Sales decreased 0.3%, Organic Sales increased 0.6% Significant Gross Margin Expansion GAAP EPS decreased 4%, Adjusted EPS increased 23% Updates Full Year Outlook SHELTON, Conn., Aug. 6, 2024 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced results for its third fiscal quarter 2024 ended June 30, 2024. Executive Summary Net sales were $647.8 million, a decrease of 0.3% compared to the prior year quarter. Organic net sales increased 0.6% (Organic basis excludes the impact from cu ...

Core Insights - Edgewell Personal Care Company has announced key changes in its executive leadership team, including the appointment of Dan Sullivan as Chief Operating Officer (COO) and the promotion of Francesca Weissman to Chief Financial Officer (CFO) [1][2][3] - The company is streamlining its organizational structure to enhance operational execution and focus on commercial innovation, positioning itself for sustainable growth [1][9] Leadership Changes - Dan Sullivan, previously CFO and President of Europe and Latin America, is now appointed as COO, effective immediately, while continuing as CFO until December 1, 2024 [3][5] - Francesca Weissman will take over as CFO on December 1, 2024, and will report to Sullivan, overseeing corporate finance and other key financial functions [6][7] Strategic Focus - Sullivan will lead the newly consolidated International business, which includes all international markets such as Europe, Latin America, Japan, and China, aiming to maximize performance and decision-making speed [4][9] - The leadership changes are expected to bolster the company's consumer-centric innovation platform and drive gross margin accretion, supporting the goal of consistent top- and bottom-line growth [2][8] Organizational Streamlining - The restructuring aims to simplify operations and enhance focus on commercial innovation and execution, thereby better positioning the company for growth [1][9] - The North American region will see a new direction as Eric O'Toole steps aside, with Rod Little assuming interim responsibilities while an executive search is conducted [10][11]

Edgewell Personal Care is one of 192 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. Over the past three months, the Zacks Consensus Estimate for EPC's full-year earnings has moved 4.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Another ...