Edgewell Personal Care Co ( (EPC) ) has released its Q4 earnings. Here is a breakdown of the information Edgewell Personal Care Co presented to its investors.
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Edgewell Personal Care Company, a prominent player in the consumer products industry, specializes in personal care essentials like shaving systems, feminine care products, and sun care items, with a global footprint spanning over 50 markets.
Edgewell Personal Care has released its fourth quarter and fiscal year 2024 earnings, showing a slight increase in net sales and a notable growth in adjusted earnings per share. The company has also outlined its optimistic outlook for fiscal 2025, anticipating growth across various financial metrics.
In fiscal 2024, Edgewell’s net sales saw a marginal rise of 0.1% to $2.25 billion, with organic sales increasing by 0.2%. Adjusted earnings per share grew significantly by 18% despite a decrease in GAAP EPS. The company returned $90 million to shareholders through dividends and share repurchases. Key segments like Wet Shave and Sun and Skin Care experienced mixed results, with international market growth offsetting some regional declines.
The company concluded fiscal 2024 with a strong financial position, holding $209 million in cash, and a strategic focus on cost efficiency and innovation. Looking ahead to fiscal 2025, Edgewell expects organic net sales growth between 1% to 3% and a 7% increase in adjusted EPS, aiming for further margin improvements and shareholder value enhancement.
Edgewell Personal Care’s management remains optimistic about the upcoming fiscal year, driven by strong international performance and strategic initiatives aimed at enhancing operational efficiency and market presence.
