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Edgewell Personal Care Announces Fourth Quarter and Fiscal 2025 Results; Provides 2026 Outlook
Prnewswire· 2025-11-13 11:00
Core Insights - Edgewell Personal Care Company reported a 3.8% increase in fourth quarter net sales, reaching $537.2 million, with a 2.5% organic growth [5][12] - For fiscal year 2025, net sales decreased by 1.3% to $2,223.5 million, with organic sales also declining by 1.3% [12][16] - The company returned $120 million to shareholders through dividends and share repurchases during fiscal year 2025 [12][23] Financial Performance - Gross profit for the fourth quarter was $208.6 million, down from $212.8 million in the prior year, resulting in a gross margin of 38.8%, a decrease of 230 basis points [6][12] - Adjusted operating income for the fourth quarter was $40.3 million, or 7.5% of net sales, compared to $56.0 million, or 10.8% in the prior year [9][12] - The company recorded a net loss of $30.6 million for the fourth quarter, translating to a loss of $0.66 per diluted share, compared to a profit of $8.8 million or $0.17 per diluted share in the prior year [12][22] Segment Performance - Wet Shave segment net sales increased by 1.2% to $318.2 million, while organic net sales decreased by 0.8% due to volume declines in North America [13][38] - Sun and Skin Care segment net sales rose by 11.5% to $148.0 million, with organic growth of 11.1% driven by volume growth [14][38] - Feminine Care segment net sales increased slightly by 0.9% to $67.3 million, but segment profit decreased by 22.6% [15][38] Strategic Initiatives - The company announced the divestiture of its Feminine Care business to Essity for $340 million, marking a significant strategic shift [12][13] - Edgewell aims to return to organic sales growth in 2026, with a focus on execution, margin recovery, and sustainable shareholder value [4][12] - The company plans to incur pre-tax charges of approximately $49 million in fiscal 2026 for restructuring and efficiency improvements [25][24]
Edgewell Personal Care Announces New Leadership Structure to Streamline Operations and Enhance Efficiency
Prnewswire· 2025-09-05 12:00
Core Points - Edgewell Personal Care Company announced the departure of Chief Operating Officer Dan Sullivan, effective October 1, 2025, to pursue another opportunity [1] - The company will not replace the COO role and will implement a regional hub structure to enhance efficiency and accountability [2] - CEO Rod Little emphasized the importance of Dan Sullivan's contributions and outlined plans to streamline operations and improve performance in North America [3] Company Overview - Edgewell is a leading consumer products company with a diversified portfolio of established brands, including Schick®, Wilkinson Sword®, Billie®, Playtex®, and Banana Boat® [4] - 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 [4]